May 19, 2022
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Career Opportunity

Olson & Olson, Ltd. is an equal Employment Opportunity Employer. We do not use personal information in our hiring process and are dedicated to hiring the person who is best suited for our jobs without any knowledge or consideration of any individual`s membership in any protected class. Any personal information found on the application or any supporting documentation will be removed as soon as it is discovered. All applications received by Olson & Olson, Ltd. will only remain active for one year.

Olson & Olson, Ltd. is committed to promoting safety and high standards of employee performance, productivity and reliability. In order to achieve this, all finalists may be subjected to a drug test prior to being hired to assure the Company that the applicant does not currently have narcotics, sedatives, stimulants and/or other controlled substances in his/her body. Further, Olson & Olson, Ltd. supports a Drug-Free Workplace Policy.

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Posting Date: 4/1/2022
Department: Commercial Insurance
Position: Account Executive
Summary: This position is responsible for providing prompt, accurate, courteous service to customers, producers and company personnel. The position is responsible for integrating the Olson & Olson Ltd mission statement ideal into the fabric of job duties and actively and positively demonstrating the stated core values that are part of the Olson & Olson Ltd overall culture.
Salary: $85,000 - $150,000 annual.
Benefits available including, medical benefits, STD, LTD, Paid Time Off
This job posting expires end of day, May 15, 2022.
Duties: Essential Functions
-Demonstrate Core Values in all aspects of duties and responsibilities
-Grow and develop talents and insurance knowledge to the highest level possible.
-Provide a high level of support in obtaining, maintaining, expanding and servicing commercial accounts.
-Act as mentor for team members with the goal of increasing quality of skills, expertise and overall team performance.
-Service Commercial Lines accounts as assigned and aid in collections.
-Collect premiums per established agency procedures.
-At the direction of producer, prepare company submissions for new business quotes, applications, and prepare proposals of insurance for new Commercial Lines clients, including visits to clients with producer when requested.
-Initiate, screen and prepare endorsement requests for Commercial Lines clients.
-Prepare and process cancellations when required.
-Prepare and process all requests for certificates of insurance as required within 24 hours of request.
-Review all applications, policies, endorsements and audits for accuracy.
-Setup and prepare new account files per agency procedures.
-Invoice all premium-bearing transactions.
-Notify producer of any unpaid audits and request appropriate actions be made according to agency collections procedure.
-Prepare account summaries as required.
-Prepare ID cards, evidence of property, certificates, binders, and/or obtain underwriter approval on manuscript endorsements.
-Deliver policies, and related documents to insureds as needed.
-Maintain suspense items in a timely manner.
-Prepare expired policies for filing in dead files.
-Keep current on rates, forms and coverage changes through circulars, bulletins, trade publications, seminars and schools offered.
-Participate in seminars and classes for skill and knowledge development.
-Maintain all client activity in the agency automation system.
-Service commercial lines accounts in a manner to eliminate gaps in coverage, thus reducing our E&O exposures.
-Prioritize work load and/or request assistance as required.
-Assist other agency departments in securing and/or providing information necessary to issue appropriate policies in their department for which we have a mutual client.
-Attend occasional meetings with Producer, meeting with clients to discuss and handle their insurance needs.
-Assist prospects/insureds until a producer is available.
-Assist Claims Department in providing coverage information.
-Keep producers fully informed of all important activities on their accounts.
-Immediately report all malfunctions of system software to the systems manager.
-Assume other job responsibilities as assigned by producer or department manager.
-Perform office work directly related to the general business operations of Olson & Olson Ltd.
-Exercise discretion and independent judgment with respect to matters of significance; evaluate and compare possible courses of action and make decisions or recommendations after considering various possibilities.
Qualifications: 10+ years experience preferred in Commercial Insurance, construction and related industries.
High school diploma or equivalent; college degree preferred. Knowledge of computer systems and operations. Good listening skills and attention to detail. Knowledge of commercial insurance and products. Professional designation is a plus.