Commercial Lines - Key Accounts Construction Account Executive

$100,000 - $195,000/Yr

Cincinnati Financial - Philadelphia, PA

Full-time - Mid Level

Remote - Philadelphia, PA

Insurance Carriers and Related Activities

About the position

The Commercial Lines - Key Accounts Construction Account Executive role at The Cincinnati Insurance Companies involves managing a book of new and renewal business within the construction sector. This position requires building productive relationships with agents and brokers, evaluating contractor exposures, and strategically growing the business in a multi-state territory. The role emphasizes collaboration, negotiation, and mentorship within a service-oriented environment.

Responsibilities

• Collaborate with the construction industry to discuss issues impacting the insurance sector.
• Proactively engage with accounts in the assigned territory and work with management to grow the business.
• Strategically engage with partner agents to drive revenue with Key Account size business.
• Evaluate and document contractor exposures and controls, analyzing actuarial loss models.
• Price business to achieve positive returns within the organization's risk appetite.
• Negotiate renewals to meet business unit goals, including rate/retention dynamics and policy terms.
• Develop and execute stewardship service plans addressing claims, loss control, and RMIS service needs.
• Understand the agency planning process and the impact of contingency/supplemental commission arrangements.
• Collaborate with and mentor less experienced underwriters.

Requirements

• Five years of underwriting experience, preferably in the construction sector.
• Excellent oral and written communication skills.
• Strong negotiation and relationship-building abilities.
• Working knowledge of large account marketing and underwriting, including loss sensitive programs.
• Familiarity with collateral concepts, wrap-ups, and contractor-specific coverage.
• Analytical and critical-thinking skills.
• Understanding of portfolio management and ability to balance growth and profit dynamics.
• Self-starter with creative thinking and ability to create opportunities.
• Willingness to travel.

Nice-to-haves

• College degree preferred.
• CPCU/other designations preferred.

Benefits

• Annual cash bonus and stock incentives based on company and individual performance.