Commercial Lines Account Executive

About the job

About Coverdash

At Coverdash, we are building the best embedded insurance purchasing experience for small businesses of all shapes and sizes. We are backed by Bling Capital (Lyft, Square, Instacart, Palantir), World Insurance Labs (HubSpot, DocuSign, Twitter), Expansion VC (Postmates, AngelList, Lemonade) and angel investors from the C-suites of Vantage Insurance, CRC Insurance, Midocean Partners, and more.

Coverdash is a fully-digital, business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash simplifies the process of buying and managing business insurance for e-commerce merchants, gig workers, and all other types of businessowners. The company offers a broad range of commercial insurance products, including liability, property, workers' compensation, and cyber.

Come join Coverdash’s Commercial Risk Unit! We are a smart, dynamic, and fun-loving group privileged to be working with some of the most innovative companies across the world. We provide risk management guidance to companies across multiple industries, including the startup community, brick and mortar retail, professional services, and many more. We promote from within whenever possible and are committed to the professional development of our team members. Oh yeah, we like to have fun too.

Commercial Lines Account Executive Job Description

As a Commercial Lines Account Executive, you’ll help build and manage small and mid-commercial accounts, quote and rate new business leads, help scale a team of in-house insurance producers, manage customer insurance needs with support from in-house customer success associates, and be a small mid-commercial insurance expert at Coverdash.

Additionally, you will work closely with our technical teams, operating as the insurance subject matter expert, helping review process and systems to build technology that efficiently and effectively meets the needs of the P&C commercial insurance industry in today’s digitally focused world.

We are looking for someone who can thrive in a fast-paced startup environment. We are in a rapid build out phase and are deploying new software to production daily. You should feel comfortable working autonomously, helping create new products, and meeting the insurance needs of insureds.

Coverdash is a Virtual First Workplace with an office location in NYC. This role can be based anywhere in the U.S as long as you can work our Coverdash core collaboration hours (9:00 am-5:00 pm Eastern Time).

What You’ll Be Responsible For:

• P&C Commercial insurance sales and service
• Independently manage client relationships and accounts up to $20MM in volume revenue
• Develop, analyze, and implement competitive insurance programs, providing various alternatives for client consideration. Prepare market, quote rates for renewals and new business
• Act as first and primary client point of contact to provide day-to-day service by responding to client questions and requests
• Growing a profitable book of business with strategic placement of business
• Insurance customer success, account management, or sales
• Support new business by following up on leads in a timely manner and supporting producers with quoting, binding, and issuing policies
• Compile and organize all client information necessary to process new, renewal, cancellation and endorsements
• Perform database file management and input information. Accurately manage and maintain documents in agency management systems
• Building relationship with commercial underwriters
  

Qualifications

• 5+ years of P&C commercial sales or brokerage experience
• Property and Casualty insurance experience required.
• Active P&C license in good standing
• Excellent communication skills: written, public speaking and presentation preparation.
• Excellent telephone etiquette and customer service skills, professionalism and tact
• Advanced knowledge of Microsoft Office and its more complex features
• Ability to be resourceful, take initiative, solve problems and offer solutions
• Works well with others in a fast-paced environment and be responsive to co-workers and colleagues. Ability to train, delegate, provide oversight and give feedback
• Excellent time management skills
• Ability to learn and adopt and train use of technology systems and software applications
• Intermediate project planning and management
• Bachelor’s Degree or related field or equivalent work experience
• Experience working with CRM/AMS and comparative rating platforms
• Prior insurtech or startup work experience a plus
  

The pay range for this role is: $65,000 to $75,000 per year, including on target variable pay.

Our salary ranges are based on paying competitively for our size and industry and are one part of our total compensation package that also includes benefits and other perks. We also include stock options in all compensation packages and believe all Coverdash employees should have the opportunity to become owners in the company.

Individual pay decisions are based on a number of factors, including qualifications for the role, experience level, skill set, location, and business need. The base pay range provided is subject to change and may be modified in the future.