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Commercial Account Executive, Construction Projects Team

Company

Masters Insurance | Financial

Address Vaughan, Ontario, Canada
Employment type FULL_TIME
Salary
Category Construction,Insurance,Consumer Services
Expires 2023-09-30
Posted at 8 months ago
Job Description

Position Summary

This position involves working in a team environment as a Commercial Account Executive on a diverse and growing commercial insurance book of business. You will be working with Masters' principals, Account Managers, Insurance Underwriters and Masters’ clients, servicing and marketing existing and new business accounts. The successful candidate must be highly motivated, remain flexible to changing job priorities, and strive to create exceptional service experiences.


The book of business handled within the unit consists of projects in development and course of construction – from tendering / proposal stages to binding, and maintenance until completion. The mix of projects include hi-rise residential projects (predominately), as well as commercial, industrial, institutional and custom homes.


Benefits

  • Robust Group Retirement Savings program with company matching
  • Reimbursements of license fees and professional membership dues
  • Generous health and dental benefits program, including Healthcare Spending Account
  • Full support of continuing education and growth opportunities, including career mentorship with senior management
  • Discounts to gym membership and select local retailers
  • Hybrid work schedule that supports work-life balance
  • Membership to an exclusive employee discount program
  • Epic year-round employee events!
  • Wellness programs, including a special initiative for new moms
  • Competitive compensation package
  • Opportunities to give back to our communities through philanthropic programs


Masters assist employees by paying for work related courses, as well as annual licensing and

designation fees, including RIBO, CAIB, CRM and CIP designations!


Key Accountabilities

  • Manage abeyances and account receivables
  • Work in close collaboration with Masters' principals and Account Managers
  • Perform other related duties and projects, as required
  • Review client risk and prepare comprehensive coverages for specific client needs
  • Negotiate coverages, rates and premiums with insurance underwriters and Master’s clients
  • Manage a book of business of medium to large size commercial construction accounts, including prequalification documents, tenders, and project placements
  • Attend client and prospect meetings when required


Candidate Qualifications


Required:

  • Licensed RIBO candidates preferred or successful completion of RIBO license within 6 months of continuous employment.
  • Minimum of three (3) years work experience handling commercial accounts and/or construction underwriting within a brokerage and/or Insurance Company.
  • Proficient in Microsoft Office programs, including Outlook, Word and Excel.
  • Working knowledge and/or understanding of construction insurance.


An Asset:

  • Previous business experience in operating your own business or running a business for others
  • In the process of completing CAIB and/or CIP and/or CRM designations.
  • Knowledge of retail or manufacturing industries
  • Knowledge of MS PowerPoint
  • Familiarity with The Agency Manager (TAM)


Skill Sets Required

  • Ability to work independently and in a team environment
  • Flexibility to work in a fast-paced and dynamic environment with changing priorities
  • Excellent organizational and time management abilities
  • Willingness to mentor and train colleagues when required
  • Effective verbal and written communication skills
  • Self-motivation with ability to problem-solve with limited supervision