Our Advanced Industries Practice is seeking an Account Executive to join our team out of our Denver, CO, office! This is a great opportunity to work side by side with exceptional professionals focusing on the digital asset industry, as well as technology, life sciences, and advanced manufacturing. We are focused on providing excellent service to our clients, developing comprehensive and unique insurance programs that best fit their philosophy and needs. Essential job responsibilitiesinclude but are not limited to:
- Maintains overall responsibility for assigned book of business for all aspects of IMA's program design, ongoing service plan, and alignment of internal and external insurance services.
- Maintains overall responsibility of the entire renewal (design, placement, and structure; setting the game plan; coverage and loss analysis; review of policy and relevant documents; coverage & premium discrepancy issues; data completeness within AMS, etc.) for assigned book of business.
- Crafts the marketing strategies, reviews submissions, and engages in negotiations with underwriters to determine the relevant content to include in proposals.
- Supports in winning new business through development of insurance program for new accounts.
- Develops clients' 1- to 3-year risk management insurance plan objectives.
- Maintains intimate knowledge of clients' business operations, strategies, and needs throughout the year in order to structure a strong, long-term partnership with assigned clients.
- Identifies with client's priorities to understand client's business philosophy, then creates a vision for their insurance program with alignment to their risk management goals.
- Prepares for and facilitates meetings with key IMA stakeholders and clients.
- Pursues mastery of the craft through on-going education and awareness of industry trends, products, and services.
- Develops and maintains carrier relationships.
- Manages a book of business that is typically 20 to 30 clients with approximate revenue of $1.7 Million - $2.1 Million.
- <10% of book of business revenue is within the Emerging (under $25,000 in revenue) market.
- < 40% of book of business revenue is within the middle market ($25,000 - $100,000 in revenue), independent of additional Account Executive oversight.
- 50% + book of business focused on large/complex accounts ($100,000+ in revenue). Plays a lead role with large/complex accounts, based on primary industry levels.
- 10% + of time is spent supporting producers in winning new business.
- Offers client team management/coaching.
- Offers internal team management/coaching.
- Supports and demonstrates IMA's core values.
- Values and understands the importance of diversity, equity, and inclusion among all IMA associates.
Required Experience and Skills include but are not limited to:
- 7+ years' experience in insurance or related industry based on the assigned book of business.
- Ability to think strategically based on client's priorities and marketplace cycle.
- Strong communication skills both written and verbal.
- Experience leading and developing people.
- Ability to delegate and hold team & partners accountable.
- Skilled at understanding the client's entire business as it relates to insurance protection (matching to their aversion level of risk) as it relates to specific terms & conditions.
- Experience working within Applied Epic preferred.
- Experience with MS Office products required (specifically PowerPoint, Outlook, Word, and Excel).
- Travel required (up to 40% based on assigned book of business).
- Maintains increased technical knowledge, both insurance industry and book of business industries.
- Work toward strengthening IMA brand as subject matter expert (speaking at conferences, white papers, carrier relationships, etc.).
- Holds state property & casualty insurance license.
- Holds general insurance designation preferred.
- Holds formal specialty designation (ARM, CPCU, Industry specific designation, etc.) preferred.
Salary Range
$125,000
—
$150,000 USD
Compensation & Benefits Being a part of IMA has its benefits. When you become part of the IMA family, you become eligible to take part in our valuable benefits and rewards package designed to benefit you, your family, and your life. Our plans are cost-effective, convenient and provide progressive ways for staying healthy, protecting loved ones, pursuing financial security and living a full and balanced life. This role is eligible for the following:
Annual Performance Bonus, Stock Purchase, Medical Plans, Prescription Drugs, Dental, Vision, Family Assistance Program, FSA, HSA, Pre-Tax Parking Plan, 401(k), Life/AD&D, Accident, Critical Illness, Hospital Indemnity, Long Term Care, Short-term Disability, Long-term Disability, Business Travel Accident, Identity Theft, Paid Time Off, Flexible Work Options, Paid Holidays, Sabbatical, Gift Matching, Health Club Reimbursement, Personal and Professional Development. In addition to our robust benefits package, the final offer amounts will depend on a variety of factors, including the candidate's geographic location, prior relevant experience, and their knowledge, skills, and abilities. Why Join IMA? We've built a reputation for putting our associates first What if we told you that you could be an integral part of an entrepreneurial, expanding company, develop lasting relationships, earn competitive benefits, plus claim part ownership? It's this unique ownership business model that makes working at IMA so appealing. We work in teams. We sell in teams. We win and prosper as a team We provide support systems and resources that enable each of our associates to focus on what they do best. And as an independent company based in the Midwest, we're big enough to write business all over the world and small enough to implement your ideas quickly. We are recognized nationally as a leader in our industry
- 2020-2023Business Insurance Magazine Best Places to Work in Insurance
- 2023 Inc. Magazine's Best Workplaces
- 2023 Denver Business Journal's Best Places to Work
- 2022-2023 Connecticut TopWork Places
- 2021-2023 Inc. 5000's List of Fastest Growing Companies
- 2019-2022 Civic 50 Colorado Honoree Recognizing 50 Most Community-Minded Companies
- 2022-2023 Kansas City Business Journal's Best Places to Work
- 2021-2023 Charlotte Business Journal's Best Places to Work
- 2021-2023 Los Angeles Business Journal's Best Places to Work
- 2021-2023 The Salt Lake City Tribune TopWork Places
- 2021-2022 Puget Sound Business Journal's Washington's Best Workplaces
- 2021-2022 Wichita Business Journal's Best Places to Work, #1 in extra-largecategory
- 2021 Dallas Business Journal's Best Places to Work
- 2021 Alaska Journal of Commerce's Best Workplaces in Alaska
This Job Description is not a complete statement of all duties and responsibilities comprising this position. The IMA Financial Group, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, The IMA Financial Group, Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.
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