Insurance Account Executive Job Description

October 1, 20110 Comments

Insurance Account Executive Job Profile and Description

An Insurance Account Executive job is basically to look and acquire new insurance accounts for the insurance brokerage or agency. They also have to service and maintain existing insurance accounts. It is necessary for the person to retain the employer’s insurance business and do many more tasks like, giving audience to existing clients, and advising them on the status and requirements of their insurance accounts. An insurance account executive tries to know their needs and provides appropriate solutions to them.

Insurance Account Executive Duties and Responsibilities

  • He or she has to acquire new insurance accounts for the insurance brokerage or agency.
  • He or she has to service and manage existing insurance accounts.
  • He or she has to advice clients for their insurance needs.
  • He or she has to provide appropriate solutions to the client’s insurance problems or needs.
  • He or she has to supervise and ensure that there is quality service delivery.
  • He or she has to ensure that there is effective credit control on the clients and should maintain that.
  • He or she should also work for a team such as giving advice and quality information to colleagues and junior staff.
  • He or she also has to ensure everything about the problems and needs of the clients that clients are complying with insurance procedures at the brokerage or agency.
  • He or she should also ensure that accounts are in term with legal and market updates.

Insurance Account executive Skills and Specifications

  • The candidate should be quick and fast in mathematical calculations and in numeric. He or she should also be Excellent at spoken and written communication skills.
  • The candidate should be having integrity and honesty.
  • The candidate should be self-drive and self-motivated  as it is the job of  serving
  • The candidate should have the ability to gather and analyze information related that.
  • The candidate should have good business mind related to business activities.
  • Confidence in the candidate defending business presentations will be very nice in respect to being able in highly network.
  • The candidate should have the ability to manage large budgets and maintaining them and contracts in terms of finances.
  • As it is the work of looking for clients and solving their problems. so excellent negotiation skill is needed.
  • The candidate should be very keen to the organization and neatness.

Insurance Account Executive Education and Qualifications

  • The candidate should have a bachelor’s degree in commerce or in insurance option.
  • It will give more benefit to the person who has three to five years past experience in the field of insurance and sales.
  • He or she should have good background in Mathematics and English.
  • Candidate should also have any prior training in the field of sales, marketing, financial management and insurance brokerage is also important for the job.

Insurance Account Executive Salary

  • The salary of an account executive is not fixed and depends upon the negotiation skills.
    • The general salary for an Insurance Account Executive can be in the range of $ 50,000 – $ 90,000.

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