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    Market-Facing Account Manager - Bellevue, United States - Factory Mutual Insurance Company

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    Description

    Overview :


    FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions.

    FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength.

    To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.


    FM Globals San Francisco Operations, Seattle Branch has an opening for a dynamic Account Manager in our Client Service Department.

    This position will be based in our Bellevue, WA office.

    This position will perform insurance servicing and underwriting activities on existing accounts and new business. This position's primary function is to serve as the account team leader or manager of the account.

    Serve as key/primary interface with clients/brokers on all aspects of the account including insurance products and services, engineering, and claims services.


    Responsibilities:


    Provide leadership to the overall FM Global account team, ensuring that the Client Service Process is implemented effectively and efficiently.


    Maintain a profitable book of business by effective use of sales techniques, client relationships, risk assessments, application of sound underwriting principles and creative use of underwriting resources.


    Ensure premium growth by retaining existing clients through value added service, by selling additional product lines and by establishing equitable terms and conditions on new accounts introduced by sales executives.

    Ensure policies accurately reflect both the insureds and FM Globals intent of coverage.


    Provide professional advice and consultation to all clients on insurance coverages and risk management matters making them aware of the benefits derived from various products and services offered by FM Global.


    In coordination with Account Engineers, establish risk improvement priorities and support efforts to acquire client compliance with loss prevention recommendations.


    Protect FM Globals assets through creative use of company underwriting programs and adherence to published guidelines which include: linesetting techniques, judicious purchase of reinsurance (where warranted), timely issuance of policies, catastrophe aggregate analysis, MFL analysis and cross liability checks.

    Collect outstanding premium balances in a timely manner to meet the Operations goals and objectives.

    Continue professional development including maintaining necessary licensing. Continue to update knowledge of underwriting guidelines, policy forms, loss prevention practices and insurance industry developments.

    Handle change by prioritizing routine activities, workloads, and projects and through delegating to support staff as necessary.

    Evaluate manuscript coverage/wording requests:
    analyze existing policy language; degree and type of exposure; pricing; and develop additional policy language if warranted.


    Qualifications:
    Bachelors degree or equivalent; MBA, CPCU or ARM a plus

    3+ years FM Global experience servicing or underwriting FM Global accounts; or, 5+ years industry experience in servicing and underwriting large property accounts of varying occupancies.

    FM Global loss prevention engineering background desired.
    Demonstrated effectiveness at accessing and influencing the decision maker.
    Strong familiarity with FM Global's client service process preferred.
    Working knowledge of property insurance and forms, financial statements, general loss prevention engineering terms and concepts.
    Demonstrated above average ability in organization, problem solving, sales/negotiation, leadership and team building skills.
    Knowledge of internal systems and Microsoft Office products.
    The hiring range is $100,400 to $142,800. These ranges are representative of the hiring salary for the role. The final salary offer will vary based on geographic location, individual education, skills, and experience.

    The position is eligible to participate in FM Globals comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.

    #J-18808-Ljbffr


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