Innovative Risk Management, a subsidiary of Arrowhead Intermediaries

Compensation

Full Description

Please only apply to this job if you have at least 7 years of experience in COMMERCIAL Property and Casualty Insurance as an Account Executive. Personal lines of insurance will not be considered. Innovative Risk Management (IRM), a subsidiary of Arrowhead Intermediaries is at the forefront in the development and management of alternative risk programs and is recognized as one of the top program managers in the country. Programs include captive insurance programs, self-insurance programs, risk retention groups and specialty insurance programs. We also provide unbundled loss control and claims administrative services for insurance companies, public entities, self-insured organizations, captives and specialty insurance programs. We are ranked as one of the “Best Places to Work” by our most important asset, our employees. If you’re looking for a collaborative environment where you can make an impact and grow your career apply here. PRIMARY PURPOSE: We are seeking a seasoned Property and Casualty Insurance Account Executive to join our rapidly growing Program Management Division in order to manage the submission process, support underwriting, oversee member onboarding and coordinate governance activities for our captive insurance programs. This role is key to maintaining strong broker, underwriter, and member relationships while ensuring accuracy, timeliness, and professionalism across all program functions. The ideal candidate will bring deep insurance industry expertise, strong organizational skills, and the ability to work collaboratively across sales, marketing, underwriting, and operations. QUALIFICATIONS: • Minimum of 7 years of experience in Commercial Property & Casualty insurance. (Personal Lines experience is not applicable in this role). • Must have Commercial Insurance Account Executive and/or Program Management experience. • Must have a significant amount of Commercial Insurance brokerage experience in placing new business. • Superior analytical abilities including computer knowledge/skills, MS Office Suite (Excel, Word, PowerPoint), CRM tools, Cvent (event management) and Insurance systems • Ability to consistently meet deadlines, deliver public presentations, and demonstrate strong organizational skills. • The candidate should possess a bachelor’s degree in business or risk management and/or approximately five years of prior insurance industry experience. • Willingness to travel as needed for board meetings, conferences, and client events. There may be a small amount of international travel. CORE COMPETENCIES: • Track all submissions and manage the full lifecycle of prospects. • Serve as a support contact for brokers, members, and internal inquiries throughout the policy term. • Facilitate weekly prospect meetings with Sales, Marketing, and Underwriting. • Prepare proposals with Underwriting pricing for delivery to the sales team. • Handle the entire submission process and provide the Underwriting Department support. • Support Insurance Carrier submissions for Captive renewals. • Assist with the coordination of Risk Control visits for prospective members and the development of reports, and related billing. • Review broker and sales submissions for accuracy and completeness in addition to coordinating with brokers as needed. • Develop annual reports for captive members, from concept through design. • Manage onboarding of new members – including introduction to respective departments, the facilitating of the receipt of share capital, shareholder materials, and due diligence info. • Prepare meeting materials, take minutes, and distribute follow-up documentation for board, shareholder, and quarterly committee meetings. • Organize bi-annual board and shareholder meetings, including venue selection, agenda development, registration, and hotel coordination. • Responsible for organizing and coordinating all the details of event planning, from initial concept to final execution. • Create external-facing brochures and marketing materials to support program growth. Please note that the above description does not encompass all the duties and responsibilities associated with this position. We offer full benefits and a competitive compensation package. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. IRM is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status or any other category protected by applicable federal, state, and local laws. Prior to a formal employment offer all candidates will be subjected to a thorough criminal background check and vetting of their social media accounts. NO AGENCIES OR PHONE CALLS PLEASE Job Type: Full-time Pay: $99,000.00 - $120,000.00 per year Benefits: • 401(k) matching • Dental insurance • Health insurance • Paid time off • Vision insurance Application Question(s): • Have you prepared meeting materials and taken minutes for shareholder meetings? • How many years of business event planning do you have? • Have you worked in prospecting/brokerage meetings with Sales, Marketing, and Underwriting? • Have you worked in the Reinsurance and/or captives industry before? Education: • Associate (Required) Experience: • Commercial Property and Casualty Insurance: 5 years (Required) • Insurance Account Management: 7 years (Required) License/Certification: • Property and Casualty License (Preferred) Work Location: Remote