Will “Strategic Account Executive” be Replaced By Robots? 🤔
92% Chance of Automation
“Strategic Account Executive” will probably be replaced by robots.
This job is ranked #565 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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Job Description
Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.
Job Details
- The SOC (Standard Occupational Classification) code is 41-3021.00
- The Mean Annual Wage in the U.S. is $ 67,760.00
- The Mean Hourly Wage is $ 32.00
- Currently, there are 385,700 people on this job
☝️ Information based on the reference occupation “Insurance Sales Agents”.
Also Known As…
- Insurance Sales Agents
- Underwriting Sales Representative
- Sales Representative
- Sales Agent
- Producer
- Insurance Sales Agent
- Insurance Broker
- Insurance Agent
- Agent
- Account Manager
- Account Executive
- Surety Bond Agent
- Solicitor
- Service Representative
- Selling Underwriter
- Sales Specialist
- Sales Special Agent
- Sales Associate
- Representative
- Policy Writer, Sales
- Placer
- Pension Agent
- Outside Sales Representative
- Organizer
- Network Contractor
- Life Insurance Salesperson
- Life Insurance Agent
- Licensed Insurance Sales Agent
- Insurance Underwriter, Sales
- Insurance Special Agent
- Insurance Solicitor
- Insurance Salesperson
- Insurance Salesman
- Insurance Representative
- Inside Sales Representative
- Home Office Representative
- Health Insurance Specialist
- Health Insurance Sales Agent
- Group Leader
- Group Insurance Specialist
- Group Insurance Special Agent
- Financial Representative
- Field Service Representative
- Field Representative
- Field Marketing Representative
- Estate Planner
- Enrollment Specialist
- District Sales Coordinator
- District Agent
- Debit Agent
- Customer Service Representative (CSR)
- Contact Worker
- Contact Person
- Compensation Agent
- Commercial Lines Insurance Agent
- Business Account Leader
- Burial Agent
- Broker
- Bond Writer
- Accounts Executive
- Account Specialist
- Account Representative
- Account Leader
Tasks for “Strategic Account Executive”
- Explain necessary bookkeeping requirements for customer to implement and provide group insurance program.
- Sell various types of insurance policies to businesses and individuals on behalf of insurance companies, including automobile, fire, life, property, medical and dental insurance, or specialized policies, such as marine, farm/crop, and medical malpractice.
- Ensure that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms.
- Interview prospective clients to obtain data about their financial resources and needs, the physical condition of the person or property to be insured, and to discuss any existing coverage.
- Monitor insurance claims to ensure they are settled equitably for both the client and the insurer.
- Call on policyholders to deliver and explain policy, to analyze insurance program and suggest additions or changes, or to change beneficiaries.
- Confer with clients to obtain and provide information when claims are made on a policy.
- Seek out new clients and develop clientele by networking to find new customers and generate lists of prospective clients.
- Attend meetings, seminars, and programs to learn about new products and services, learn new skills, and receive technical assistance in developing new accounts.
- Contact underwriter and submit forms to obtain binder coverage.
- Inspect property, examining its general condition, type of construction, age, and other characteristics, to decide if it is a good insurance risk.
- Develop marketing strategies to compete with other individuals or companies who sell insurance.
- Install bookkeeping systems and resolve system problems.
- Customize insurance programs to suit individual customers, often covering a variety of risks.
- Calculate premiums and establish payment method.
- Plan and oversee incorporation of insurance program into bookkeeping system of company.
- Select company that offers type of coverage requested by client to underwrite policy.
- Perform administrative tasks, such as maintaining records and handling policy renewals.
- Explain features, advantages, and disadvantages of various policies to promote sale of insurance plans.
Related Technology & Tools
- Pen-based computers
- Desktop computers
- Laptop computers
- Laser printers
- Personal computers
- Laser facsimile machines
- Notebook computers
- Postage meters
- Digital cameras
- G2X Agility:Insurance
- Skywire Software Policyware
- NaviSys Front Office
- Microsoft Word
- Hoffman Computer Systems Amsoft
- Microsoft Office
- Online Database Solutions Agent Intelligence
- United Systems and Software Individual Life and Health Administration System
- Spreadsheet software
- Vulcan Solutions Vulcan Insurance
- FINEOS Insure
- YouTube
- Underwriting software
- CoVirt VirtGate
- Insurance analysis software
- Insurance Technology Consultants WOW
- E-Z Data SmartOffice
- Special Agent
- North American Software Associates Eclipse
- Web browser software
- MI-Assistant MI Management System
- Fiserv FSC Manager
- Infospectrum Quick Insure
- Tritech Financial Systems General Insurance Management System GIMS
- Microsoft PowerPoint
- Insurance Systems WebWriter BackOffice
- Insurance Technologies Corporation InsurancePro
- Agency Software AgencyPro
- Word processing software
- Microsoft Excel
- CPU Tracker Software CPU Tracker
- GBS Agency Expert
- Insurance rating software
- Results International Systems Artius Suite
- QuickQuote QuickFile Agency Management System
- LIDP Consulting Services The Administrator
- Tangle S Creations Your Insurance Office
- Cygnus Software IncomeMax
- InStar Orion
- Applied Systems Vision
- Advantage Information Systems The Agency Advantage
- AMS Services AMS 360
- Agency management software
- Insurance Technologies ForeSight Enterprise
- Benefits Technology Group SalesLogix
- Healthcare common procedure coding system HCPCS
- Agency Master
- Allied Financial Software Act4Advisors
- Medical procedure coding software
- Adobe Systems Adobe AfterEffects
- Allstar Software Systems Kofax
- Terrace Consulting AgencyInsight
- Microsoft Outlook
- Applied Systems The Agency Manager
- AMS Services AMS Sagitta
- DORIS FILESERVERonline
- irs-aims MARS
- Scheduling software