Business Insurance Account Executive jobs in United States
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Marsh McLennan · 4 months ago

Business Insurance Account Executive

Marsh McLennan Agency is a leading provider of business insurance solutions, fostering an inclusive and award-winning workplace culture. They are seeking a Business Insurance Account Executive to manage client relationships, assess coverage needs, and negotiate insurance terms to ensure optimal client satisfaction and agency profitability.

Financial ServicesProfessional ServicesService Industry

Responsibilities

Makes appointments and follows-up with clients/prospects obtaining sufficient information to prepare complete submissions/applications, supplemental applications, spreadsheets, etc
Performs a review of each line of business to determine possible coverage gaps and recommended enhancements
Underwrites risk per MMA’s marketing procedures, utilizing agency resources and relationships to fully identify all available standard and non-standard carriers, programs, etc. for each line of business
Submits account to viable markets and negotiates best coverage, price, terms and conditions assuring reasonable profitability to the agency and company while providing the best coverage to suit client’s needs
Compiles quotations, proposals, schedules of insurance and applications/required forms
Makes recommendations, based on client’s exposures and quotes being presented to client/prospect, suggesting changes, additions, and/or deletions when appropriate
Presents proposal and discusses coverage(s) with client when appropriate
Keeps producer informed and abreast of problems, changes in price, coverage, etc. on an on-going basis
Ensures proper payment arrangements are agreed to by purchaser in-line with policies and procedures of agency and/or company
Keeps abreast of competitive posture of agency and changes in marketplace
Delivers or oversees delivery of policy and subsequent endorsements, additions, etc. within a reasonable time of receipt at Agency

Qualification

Active 2-20 insurance license7+ years commercial lines insuranceProperty knowledgeMicrosoft Office proficiencyInsurance terminology knowledgeMarketingPlacement knowledgeCustomer-service skillsLarge Property SchedulesSagitta/Image RightClear communication skills

Required

High school diploma or equivalent
Active 2-20 insurance license
7+ years commercial lines insurance marketing of middle market and/or risk management accounts
Strong property knowledge
Strong proficiency in Microsoft Office Products
Excellent customer-service skills
Ability to communicate clearly (in writing and verbally)
Thorough knowledge of insurance terminology and insurance products and their usage
Thorough knowledge of marketing and placement
Experience with Large Property Schedules and one or more of the following sectors: Healthcare and Non-Profits, Golf and Country Clubs, Technology

Preferred

Bachelor's degree or higher
Experience with Sagitta and/or Image Right

Benefits

Generous time off, including personal and volunteering
Tuition reimbursement and professional development opportunities
Hybrid and flexible work
Charitable contribution match programs
Stock purchase opportunities
Competitive compensation
Entrepreneurial leadership
Unmatched, scalable resources
Committed to core values
Inclusive culture
Health and welfare benefits
Tuition assistance
401K savings and other retirement programs
Employee assistance programs

Company

Marsh McLennan

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Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.

Funding

Current Stage
Public Company
Total Funding
$11.2B
2024-10-30Post Ipo Debt· $7.25B
2024-02-14Post Ipo Debt· $1B
2023-09-06Post Ipo Debt· $1.6B

Leadership Team

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Joe Hayes
Senior Vice President, COO Private Client Services
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Katherine Brennan
SVP & General Counsel
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Company data provided by crunchbase