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Reinsurance Account Manager

American Agricultural
Posted a month ago, valid for 22 days
Location

Schaumburg, IL 60159, US

Salary

$150,000 - $200,000 per year

Contract type

Full Time

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Sonic Summary

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  • AmericanAg® is seeking a Reinsurance Account Manager for their Farm Bureau® Client Relations Team in Schaumburg, Illinois, offering a hybrid work model with at least three days in the office.
  • The role involves supporting the Account Executive in managing Farm Bureau® reinsurance accounts, focusing on operational execution, data coordination, and administrative support.
  • Candidates should have a Bachelor's degree and at least 5 years of experience in the insurance/reinsurance industry, along with strong organizational and communication skills.
  • The expected salary for this position ranges from $150,000 to $200,000, with eligibility for an annual bonus based on experience and job-related factors.
  • AmericanAg® emphasizes a collaborative work environment and encourages continuous learning and professional development among its employees.

AmericanAg®, a global provider of diversified reinsurance services, is looking for a client-focused Reinsurance Account Manager to join our Farm Bureau® Client Relations Team in our Schaumburg, Illinois office. This is a hybrid position working in the office a minimum of three days a week. 

The  Reinsurance Account Manager supports the Account Executive (AE), who serves as the team lead, in the day-to-day management and servicing of Farm Bureau® reinsurance accounts. This role is primarily responsible for operational execution, data coordination, and administrative support across Farm Bureau® reinsurance programs. There will be 15-25% travel for this position. 

The Reinsurance Account Manager works closely with the AE, internal teams, brokers, and reinsurers to support the delivery of accurate, timely, and high-quality client materials. This role provides an excellent opportunity to build a strong foundation in reinsurance operations and client management.

The Reinsurance Account Manager will be responsible for:

  • Assisting with servicing activities and coordinating with the account team, internal partners, and brokers
  • Participating in and assisting with coordinating annual renewal activities, including developing market visit materials, renewal submissions, presentations, and client placement documents
  • Preparing business materials by running reports, analyzing data, and assembling presentations
  • Coordinating and working closely with internal and external partners to meet client expectations and deliver on service commitments
  • Organizing and maintaining account documentation, correspondence, and records
  • Responding to internal and external inquiries with occasional guidance from other team members
  • Participating in corporate initiatives, training sessions, and process improvement projects
  • Gathering required documentation to support client requests for audit, compliance, and regulatory requests 
  • Attending and participating in client meetings, events, and industry conferences

What you will bring to this role: 

  • Bachelor’s degree in business, finance, insurance, risk management, or related field 
  • 5+ years of experience in insurance/reinsurance industry, or in a similar industry
  • Strong organizational skills, with the ability to manage multiple tasks and deadlines in a fast-paced environment
  • Ability to take directions, ask thoughtful questions, and learn from feedback
  • Detail-oriented, quality-focused approach, with a strong sense of accountability, follow-through, and accuracy in work product
  • Solutions-oriented mindset, with a willingness to problem-solve, identify continuous improvement opportunities, and support team objectives
  • Well-developed critical-thinking skills, with the ability to analyze information, identify issues, and escalate questions appropriately
  • Strong interpersonal and relationship-building skills; collaborative team player
  • Willingness and curiosity to learn technical reinsurance concepts and processes
  • Clear and professional written and verbal communication skills
  • Proficiency with Microsoft Office products, particularly Excel and PowerBI
  • Progress toward or completion of professional industry designations (ARe, CPCU, or similar) is preferred

The expected starting salary range for this position is between $150,000-$200,000. Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. This position is also eligible for an annual bonus. For information regarding our benefits, please click here.

We do not sponsor employment visas and are unable to take over an employment visa from another employer. Applicants must be authorized to work in the U.S. for ANY employer without the need for employment visa sponsorship.

Who We Are

Since 1948, AmericanAg® has provided reinsurance services that promote the financial strength and success of its clients. We are a direct provider of reinsurance to the Farm Bureau® insurance companies and also participate in assumed U.S. and international reinsurance programs through the broker marketplace. Learn more at aaic.com

Reasons to Consider AmericanAg®

At AmericanAg®, you’ll work alongside a diverse team of highly educated and experienced professionals. We foster a dynamic culture where innovative ideas are championed and brought to life and where employees are appreciated, engaged, and encouraged to reach their full potential. 

AmericanAg® participates in E-Verify. Learn more about applicant rights under Federal Employment Laws. 




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