Account Analyst

Graham Company, a division of Marsh McLennan Agency, is an insurance brokerage and consulting firm committed to creating a healthy, safe, and prosperous tomorrow.

We value empathy, discipline, integrity, courage, and tenacity - and we are seeking professionals who share these values to join our team.

Under the guidance of the Account Executive, the Account Analyst handles the annual account renewal process and delivers value-added service to our clients.

JOB FUNCTIONS & RESPONSIBILITIES:

Coordinating the Renewal Process with the Team

• Collects and Organizes Renewal Information Exercises independent discretion and judgment in interpreting loss runs and preparing /updating loss summaries.
• Creates a Submission Document to send out to the insurance marketplace for renewal insurance quotes.
• Helps prepare charts/exhibits for “Pre-renewal” Meeting.
• Participates in quote negotiations, including independently analyzing and interpreting policy coverages and endorsements, pricing, and other terms and conditions to get the best result for the client.
• Creates account income forms and Pricing Pages.
• Reviews renewal insurance certificate templates and finalizes other items as part of the insurance renewal.

Servicing the Client

• Conducts contract reviews, including but not limited to analyzing insurance requirements in light of existing coverage, developing bid rates, reviewing indemnification agreements in the preparation of contract review letters.
• Processes and dictates money and non-money endorsements and audits.
• Maintains pendings by following-up on the issuance of policies and endorsements.
• Updates working exposures schedules.
• Projects Experience Modification Factors (mod) and reviewing rating calculations. Identifies classification codes and rates and verifying policy rating.
• Coordinates the issuance of Certificates of Insurance, reviewing the requested wording and understanding the impact of additional insured and primary/non-contributory wording.
• Develops and maintain relationships with insurance company underwriters and client contacts.
• Responsible for all billing activities in the unit including: Invoicing new business, renewals and money endorsements/audits.
• Coordinating installment billing.
• Correcting billing differences with insurance companies.
• Obtaining premium financing quotes and completing financing agreements.

JOB SPECIFICATIONS:

• At least 3+ years of work experience (insurance, business, accounting, paralegal background) or relevant education experience.
• Ability to exercise independent discretion and judgment to research and analyze problems and develop a solution.
• Must be focused and detail-oriented.
• Holds required and appropriate insurance agent’s license.
• Good time management, organizational abilities; multi-tasking abilities.
• Show initiative and drive demonstrated by being able to work independently and being a self-starter; ability to independently exercise the judgment required to develop the solution—problem solver.
• Good written, oral communication and analytical skills are essential.
• Must have a professional demeanor, be poised under pressure.
• Proficient in Graham standard computer applications.
• Regular and predictable attendance in accordance with the limitations and reporting procedures established by The Graham Company from time to time.
• Employees are required to be fit-for-duty which includes not being under the influence of drugs and/or alcohol. This includes any drugs that might impact an employee’s ability to safely perform their job

The applicable base salary range for this role is $59,900 - $78,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected]

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