Account Executive

Account Executive

The Account Executive is responsible for the placement and ongoing management of an assigned book of business. When managing house accounts, this role also includes responsibility for business development and client retention within that portfolio.

This position manages a more complex book of business that may involve industry specialization, larger account revenue, and or complex coverage structures such as loss sensitive programs, large deductibles, captives, or shared and layered programs. The Account Executive develops and executes placement strategies while supporting the "Fewer and Stronger" market consolidation initiative by identifying and selecting the most appropriate markets to approach for coverage. Strong negotiation skills are essential to secure the best possible terms and conditions for clients.

The Account Executive also provides clear direction to the assigned service team to ensure client needs and expected outcomes are achieved, while supporting RSC E&O risk mitigation and maintaining a consistent and sustainable service model.

This is a hybrid role requiring one to three days per week in our offices in Worcester or Boston, Massachusetts, or Guilford or Glastonbury, Connecticut.

Your Impact:

• Manage service, placement, and business development for an assigned book of business, including house accounts
• Develop and execute renewal and placement strategies, including market selection, exposure analysis, and coverage design
• Lead marketing efforts, negotiate terms, prepare executive summaries, and manage proposal review and binding
• Provide direction to the service team, including binding instructions, and ensure delivery aligns with client expectations
• Oversee client deliverables such as proposal debriefs, stewardship reports, and ongoing communication
• Coordinate with internal teams on claims advocacy, loss control, and risk management initiatives
• Review contractual requirements and communicate material coverage changes with carriers
• Drive client retention, cross sell opportunities, and support new business efforts including RFPs

Successful Candidates Will Have:

• 7+ years of experience in a Property & Casualty brokerage environment
• Deep technical knowledge of Property & Casualty business
• Technical knowledge of loss sensitive, alternative risk transfer, & self-insured retentions programs
• Hold Insurance licenses as required by the Company

Risk Strategies is the 9th largest privately held U.S. brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 200 offices and more than 5,400 employees as part of the Accession Risk Management Group family of companies.

Industry recognition includes being certified a Great Place to Work in 2023 and on the Inc. 5000 list as one of America's fastest growing private companies. Risk Strategies is committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.

Pay Range:

$84,200 - $130,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for this role.

Risk Strategies is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.