Account Manager

Reposted 17 Days Ago
Be an Early Applicant
Hamilton, NJ
In-Office
72K-90K Annually
Senior level
Insurance
The Role
The Account Manager independently manages client accounts, focusing on renewal processes, carrier negotiations, documentation, and ensuring compliance with standards while enhancing team collaboration.
Summary Generated by Built In

Position Summary

The Account Manager is responsible for independently managing a consultant/broker's book of business and ensuring the delivery of high-quality service across all aspects of account management. This role plays a key part in the renewal and marketing process, carrier negotiations, and coverage analysis. The Account Manager collaborates closely with brokers, underwriters, and internal teams to ensure timely and accurate execution of client deliverables, while maintaining compliance with servicing standards and regulatory requirements. They also contribute to team development and operational efficiency through knowledge sharing and process improvement.

What will your job entail?

Job Responsibilities:
• Manages a consultant/broker's book of business independently, overseeing all aspects of account servicing including renewal preparation, marketing to carriers, negotiating terms and conditions, and coordinating with brokers to gather necessary information and documentation.
• Prepares and maintains accurate client documentation including proposals, binders, invoices, certificates, endorsements, and surplus lines filings, ensuring compliance with internal standards and regulatory requirements.
• Conducts detailed coverage and rate analysis for both new and renewal business, collaborating with underwriters to ensure appropriate pricing and coverage enhancements, and proactively identifies opportunities for program improvements.
•Coordinates marketing efforts by identifying alternative carriers and assessing appetite with minimal direction, while maintaining strong relationships with brokers and carriers through regular communication and meetings.
•Supports team collaboration by assisting with training, sharing knowledge, and contributing to daily operations, while consistently applying and reinforcing RT ECP servicing standards across all client interactions.

Work Experience:
• 3+ years of experience in the Insurance industry, including Casualty & Auto liability (Environmental/Pollution Experience preferred)

Education:
• Bachelor’s degree required; Business Administration, Sales, and Risk Management preferred. Any other related discipline or commensurate work experience considered.
Licenses and Certifications:
• Prescribed: Minimum requirements for state P&C and/or surplus line licenses
• Preferred: Not Applicable

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates 

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $72,000.00 - $90,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/. 

 

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [email protected] 

 

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. 

Top Skills

Insurance Industry Knowledge
Risk Management
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The Company
HQ: Chicago, IL
3,696 Employees
Year Founded: 2010

What We Do

Ryan Specialty (NYSE: RYAN) is an international specialty insurance firm that provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter. Our mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers.

Ryan Specialty was founded in 2010 by Patrick G. Ryan, the widely respected insurance veteran, founder and former Chairman and CEO of Aon Corporation. Mr. Ryan saw the need in the marketplace for a specialty organization dedicated exclusively to creating sophisticated insurance solutions for risks that demand innovation, proven leadership, outstanding industry expertise and quality services on behalf of brokers, agents and carriers.

For more information about Ryan Specialty, visit our website at ryansg.com.

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce that is reflective of society throughout the entirety of the organization. Our vision is an inclusive and equitable workplace where all employees are valued and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions and benefits of employment.

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