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B.F. SAUL

B.F. SAUL

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Account Executive, Personal Insurance

B.F. Saul Company

Bethesda, MD • On-site

$85K - $125K/yr

Full-time

Re-posted 8 days ago

Job description

Company Overview:
B. F. Saul Insurance (BFSI) is a boutique advisory firm providing proactive, smart, and highly responsive insurance and claims advocacy services throughout the United States. With community roots in the Washington DC metropolitan area and spanning over 130 years, we help businesses and non-profits as well as families and individuals with complex needs protect their most important assets at levels customized for their risk tolerances and goals. Key industry segments include real estate, not for profit organizations, associations, and professional services.
 
B.F. Saul Insurance (BFSI) is an operating division of B.F. Saul Company, a large privately held business focused on the acquisition, development, and operation of commercial real estate, including hotels, office buildings and multi-family assets. Key affiliates include Saul Centers (NYSE: BFS), B. F. Saul Hospitality, Chevy Chase Trust investment advisors, and ASB Capital Management, a real estate investment management firm.

POSITION SUMMARY:

The Account Executive is responsible for brokering and managing key client relationships for personal insurance. The Account Executive will be involved in developing and maintaining the client relationship beyond the annual transactional renewal period. An understanding of the insurance market along with building and maintaining strong relationships with our insurer partners is essential.

Summary of Competitive Benefits & Perks:
  • Health/Medical Insurance including Dental and Vision
  • 401(k) with company match
  • Paid time off
  • Bonus/Target Incentive
  • Tuition Reimbursement
  • Complimentary usage of modern in-house fitness center
  • On-premise full-service dining center discounts
  • Discounts via the company’s EAP
  • Monthly Employee Recognition Programs
  • Referral bonus
  • Pre-tax transportation options
  • Plus more!
Company Core Values:
  • Excellence: Demonstrates a commitment to continuous improvement, innovation, and achieving the highest possible standards for performance.
  • Ethics: Demonstrates a commitment to integrity, peer respect, and fairness. Continuously demonstrates a strong work ethic by exhibiting an indisputable drive to get the job done.
  • Results: The product of consistently going above and beyond to deliver exceptional value for the team and the organization.
DUTIES & RESPONSIBILITIES:
  • Support Producers – help prepare for key prospect/clients meetings
  • Coordinating all client related service needs among service team relating to marketing, claims, risk       management and placement administration
  • Direct responsibility for client retention, growth, achievement of operating margin targets, and             fostering a culture of performance and continuous improvement
  • Maintain and enhance relationships with existing clients by executing proactive, creative, and on-        going contact initiatives
  • Recommend potential enhancements and account round for coverage and/or policies we do not            currently handle
  • Recommend improvements to process/workflows that create efficiencies and/or provide a higher level of service to clients
  • Stay current on market changes to rates, coverages changes, emerging risks, and carriers as respects to mergers/acquisitions and emerging carriers
SPECIFIC TASKS:
  • Coordinate with team/Producer to complete coverage review for prospects
  • Utilize system capability (AMS/Vertafore) and properly to maintain complete and accurate client and    policy data
  • Develop client ready content, speaking engagements, white papers, etc.
  • Complete contract reviews for clients
  • Request renewal information from the client
  • Select insurers for submission; negotiate quotes; complete coverage analysis
  • Develop and present renewal proposal
  • Request order to bind and submit binders to client
  • Ensure policy/endorsement issuance to client within 30 days
EXPERIENCE / EDUCATION / LICENSES (SKILLS/ABILITIES):
  • 7+ years' experience managing High Net Worth personal insurance accounts
  • Bachelor’s Degree is preferred
  • Property & Casualty license required
  • Insurance industry designations are preferred
  • Intermediate to advanced level of experience with Excel and PowerPoint
The actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held.  Base pay is one component of B. F. Saul Insurance’s total compensation package, which also includes access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, commission incentives and more.
 
B. F. Saul Insurance is proud to be an equal opportunity workplace. We foster an environment that recognizes employees’ unique skillsets and ensure that all employees have an equal opportunity to grow and advance.
 
If you are a candidate in need of assistance or an accommodation in the application process, please contact corporate.resumes@bfsaul.com or 301-986-6000.
 
Equal Opportunity Employer/Veterans/Disabled