Top Agency Executive jobs in Minnesota

Job Description

The Insurance Agency Executive is a senior leadership position responsible for overseeing the strategic direction, operational management, and financial performance of an insurance agency. This role involves driving business growth, maintaining high standards of customer service, ensuring regulatory compliance, and leading a team of insurance professionals. The Insurance Agency Executive will play a crucial role in shaping the agency’s culture, building a strong client base, and positioning the agency as a leading provider of insurance solutions.

Benefits

Responsibilities

Strategic Leadership:

Develop and implement the agency’s strategic vision and goals.

Provide leadership and direction to ensure alignment with the company’s overall objectives.

Monitor industry trends and adjust strategies to remain competitive and meet market demands.

Business Development:

Drive new business initiatives and identify growth opportunities within the market.

Develop and maintain relationships with key clients, partners, and stakeholders.

Lead the agency in achieving sales targets and expanding the client base.

Operational Management:

Oversee the day-to-day operations of the agency to ensure efficiency and effectiveness.

Implement and maintain operational policies, procedures, and standards.

Manage agency finances, including budgeting, expense management, and financial reporting.

Team Leadership and Development:

Recruit, hire, and train a high-performing team of insurance professionals.

Foster a collaborative and positive work environment that encourages professional growth and development.

Conduct regular performance evaluations and provide ongoing coaching and feedback.

Client Relationship Management:

Ensure the highest level of customer service and satisfaction.

Address client inquiries, concerns, and issues promptly and professionally.

Conduct regular reviews of client accounts to ensure their insurance needs are being met.

Compliance and Risk Management:

Ensure the agency adheres to all relevant laws, regulations, and company policies.

Implement risk management strategies to protect clients and the agency.

Conduct regular audits and reviews to maintain compliance and operational integrity.

Marketing and Community Engagement:

Develop and execute marketing plans to enhance the agency’s brand and visibility.

Participate in community events, networking opportunities, and industry associations.

Utilize digital marketing tools and social media to promote the agency and engage with clients.

Innovation and Improvement:

Continuously seek opportunities for innovation and improvement within the agency.

Implement new technologies and processes to enhance efficiency and client service.

Stay informed about industry developments and incorporate best practices.

Requirements

Education: Bachelor’s degree in Business, Finance, Marketing, or a related field. Advanced degrees or professional certifications (e.g., CPCU, CLU) are a plus.

Experience: Extensive experience in the insurance industry, including senior management or executive roles. Proven track record of driving business growth and managing teams.

Licensing: Must hold or be willing to obtain relevant state insurance licenses (Property & Casualty, Life & Health).

Skills: Strong leadership, strategic planning, and decision-making abilities. Excellent communication, negotiation, and interpersonal skills. Proficiency in financial management and operational oversight.

Attributes: Entrepreneurial mindset, results-oriented, and customer-focused. Ability to build and maintain relationships with clients and the community. High level of integrity and professionalism.

Technical Skills: Proficiency with insurance software, CRM systems, and digital marketing tools.