Business Insurance Account Executive

Reposted 5 Days Ago
Be an Early Applicant
2 Locations
In-Office
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
The Account Executive will handle client interactions, prepare insurance submissions, underwrite risks, negotiate coverage, and provide recommendations based on client needs.
Summary Generated by Built In
Company:Marsh McLennan Agency

Description:

Award-winning, inclusive, Top Workplace culture doesn’t happen overnight. It’s a result of hard work by extraordinary people. More than 11,000 of the industry’s brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can thrive as a Business Insurance Account Executive at MMA.

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With 200 offices across North America, we combine the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh McLennan (NYSE: MMC).

This position is hybrid from our Doral, Fort Lauderdale or Palm Beach Gardens locations.

A day in the life.

As our Account Executive on the Business Insurance team, you’ll

  • 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.

Our future colleague.

We’d love to meet you if your professional track record includes these skills:

  • 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

These additional qualifications are a plus, but not required to apply:

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

We know there are excellent candidates who might not check all of these boxes. Don’t be shy. If you’re close, we’d be very interested in meeting you.

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside our organization. We’ve built a culture that promotes colleague well-being through robust benefit programs and resources, encourages professional and personal development, and celebrates opportunities to pursue the projects and causes that give colleagues fulfilment outside of work.  

Some benefits included in this role are:

  • 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

To learn more about a career at MMA, check us out online: http://marshmma.com/careers or flip through our recruiting brochure: https://bit.ly/3Qpcjmw

Follow us on social media to meet our colleagues and see what makes us tick:

  • https://www.instagram.com/lifeatmma/
  • https://www.facebook.com/LifeatMMA
  • https://twitter.com/marsh_mma
  • https://www.linkedin.com/company/marsh-mclennan-agency/

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.

Who you are is who we are.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.

Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

#MMABI

#MMAFL

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries.

Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity.

Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics.

Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people.

Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society.

Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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