Business Insurance Sr. Vice President

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Nashville, TN, USA
In-Office
Fintech • HR Tech • Insurance • Consulting
The Role
Company:

Description:

Our not-so-secret sauce.

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 Senior Vice President at Marsh McLennan Agency (MMA).

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 (NYSE: MRSH).

Applicants must be within driving distance to our Nashville, TN office to be considered for this role and have the ability to commute to the office a minimum of three days per week.

A day in the life.

As a Business Insurance Senior Vice President, you will:

  • Maintain a Book of Business of $1 Million to $2 Million in annual revenue 

  • Obtain new clients, retain existing clients, and build long term relationships with all clients, both produced and assigned 

  • Develop and achieve maximum sales volume consistent with sales projections 

  • Actively generate new leads through community activities, attending association meetings, cold calling, obtaining expiration dates, and other means to turn leads into prospects and clients 

  • Know available markets for various industries and coverages, effectively negotiate placement with carriers, develop relationships with carriers, evaluate coverages/cost 

  • Present proposals to prospects and clients, ensure all needed coverages are included to protect the client, close the sale, deliver policies 

  • Handle complex processing and claim situations with client and/or company personnel 

  • Assist clients with policy, coverage, and service issues as needed 

  • Collect all premiums, including audits made subsequent to policy issuance, on all new accounts produced 

  • Actively promote referral and cross-selling opportunities 

  • Maintain production reports and attend sales meetings 

  • Promote agency and insurance industry in the community 

  • Maintain professional, technical and industry knowledge by pursuing designations, attending educational classes, reviewing professional publications, establishing personal networks, participating in professional societies and company training meetings on new products

Our future colleague.

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

  • Effective negotiation, persuasion, and sales skills, including closing the sale 

  • Ability to effectively prospect, including cold calls 

  • Good communication, presentation, and interpersonal skills 

  • Ability to develop lasting client relationships 

  • Ability to work well on your own and also as part of a team 

  • Resilience to deal with customer rejection 

  • Ability to develop in-depth knowledge of products and markets 

  • Must be able to travel as necessary for client meetings, agent conventions, and other industry meetings as needed 

  • College degree preferred 

  • Must learn the Agency Management System and Document Imaging System 

  • A shared commitment to company values; Integrity, Collaboration, Passion, Innovation, Accountability 

  • Must have Property & Casualty License or obtain within 90 days of employment

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:

  • Medical, dental and vision insurance

  • 401K and company match program

  • Company-paid life and disability

  • Generous paid time off programs

  • Employee assistance program (EAP)

  • Volunteer paid time off (VTO)

  • Career mobility

  • Employee networking groups

  • Tuition reimbursement and professional development opportunities

  • Charitable contribution match programs

  • Stock purchase opportunities

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/

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.

#MMASE

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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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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