Coverdash

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Commercial Insurance Account Executive

  • Commercial Insurance
  • Full-time
  • New York, NY
  • Remote friendly
  • 100K - 130K USD a year

Posted on November 21, 2023

About Coverdash

Coverdash is the fastest growing startup and SMB focused-insurtech agency, powered by the industry’s most advanced embedded technology and partnership strategies. Our mission is to help growing businesses purchase and manage business insurance from the places they trust most. Our simple and powerful embedded technology helps partners offer insurance to existing customers with a single line of code.

Coverdash was founded by a team with deep fintech and financial services experience and is the first insurance-as-a-service platform. We have raised over $16 million to date from top investors including NYCA (Affirm, Fundbox, Acorns, Gemini), Bling Capital (Lyft, Square, Instacart, Palantir), World Insurance Labs (HubSpot, DocuSign, Twitter), Expansion VC (Postmates, AngelList, Lemonade).

Headquartered at our brand new state-of-the-art office in the heart of NYC, Coverdash remains a remote friendly working environment. Our rapidly growing team is a smart, dynamic, and fun-loving group privileged to be collaborating with some of the world’s most innovative embedded partners.

Commercial Insurance Account Executive Job Description: 


Come join Coverdash’s Commercial Risk Unit! As a Commercial Insurance Account Executive, you’ll help build small and mid-commercial accounts, quote and rate new business leads, and assist in scaling a team of in-house insurance producers, all while becoming a small and mid commercial insurance expert.


We are in a rapid build-out phase and are deploying new software to production daily, so our ideal candidate is someone who can thrive in a fast-paced startup environment. You will work closely with our technical teams, operating as the insurance subject matter expert, helping review processes and systems to build technology that efficiently and effectively meets the needs of the P&C commercial insurance industry in today’s digitized world. You should feel comfortable working autonomously, helping create new products, and meeting the insurance needs of insureds.

Coverdash is a Virtual First Workplace with an office location in NYC. This role can be based anywhere in the U.S as long as you can work our Coverdash core collaboration hours (9:00 am-5:00 pm Eastern Time).

What You’ll Be Responsible For:

  • P&C Commercial insurance sales

  • Independently manage client relationships and sell accounts up to $20MM in volume revenue

  • Develop, analyze, and implement competitive insurance programs, providing various alternatives for client consideration. Prepare, market, quote rates for new business

  • Growing a profitable book of business with strategic placement of business

  • Support new business by following up on leads in a timely manner

  • Perform database file management and input information. Accurately manage and maintain documents in agency management systems

  • Building relationship with commercial underwriters

Qualifications

  • 3+ years of P&C commercial sales or brokerage experience

  • Property and Casualty insurance experience required

  • Active P&C license in good standing

  • Excellent communication skills: written, public speaking and presentation preparation

  • Excellent telephone etiquette, customer service skills, professionalism and tact

  • Advanced knowledge of Microsoft Office and its more complex features

  • Ability to be resourceful, take initiative, solve problems and offer solutions

  • Works well with others in a fast-paced environment and be responsive to co-workers and colleagues. Ability to train, delegate, provide oversight, and give feedback

  • Excellent time management skills

  • Ability to learn and adopt and train use of technology systems and software applications

  • Intermediate project planning and management

  • Bachelor’s Degree or related field or equivalent work experience

  • Experience working with CRM/AMS and comparative rating platforms

  • Prior insurtech or startup work experience a plus

The pay range for this role is: $100,000 to $130,000 per year, including on target commission / variable pay.


Our salary ranges are based on paying competitively for our size and industry and are one part of our total compensation package that also includes benefits and other perks. 


Individual pay decisions are based on a number of factors, including qualifications for the role, experience level, skill set, location, and business need. The base pay range provided is subject to change and may be modified in the future.