Senior Account Manager, Insurance Broking

Reposted One Month Ago
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Tsim Sha Tsui Clock Tower, HKG
In-Office
Senior level
Professional Services • Consulting
The Role
Manage client insurance programmes including renewals, new business and expansions. Design, market and negotiate terms with carriers, prepare proposals, bind coverage, and provide day-to-day client service. Prepare renewal requests, loss summaries and reports, maintain client records, and support service executives. Act as primary contact for clients, carriers and service teams, mentoring staff and ensuring timely delivery of high-quality service.
Summary Generated by Built In
Company:Mercer

Description:

We are seeking a talented individual to join our MMB team at Mercer. This role will be based in Hong Kong. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Senior Account Manager will handle accounts, including designing the insurance program, marketing the account to insurance carriers, proposing renewal terms to clients and interacting with clients on their day to day service needs.

We will count on you to:

  • Manage renewals, new businesses and expansion of business.
  • Act as the initial point of contact for clients, carriers and other members of the service team.
  • Solicit and follows up for renewal information from the client.
  • Design, market and negotiate client renewals and new business with the insurance carriers.
  • Prepare proposal and attend client meetings to discuss the renewal proposal.
  • Bind insurance terms as directed by the client.
  • Transmit binders to the client in a timely manner.
  • Provide the client with day to day service:
  • Consult with clients on day-to-day inquiries about their insurance program.
  • Advise the client and carrier of any changes necessary to their insurance program.
  • Maintain client information.
  • Summarize and schedules of insurance.
  • Support client service executive on renewals and new business.
  • Prepare renewal information request.
  • Prepare loss summaries and large loss reports.

What you need to have:

  • University degree in a related discipline or other relevant qualifications.
  • 7+ years' experience in the insurance broking space.
  • Commercially astute and strong business sense. Strong negotiation skills.
  • Strong track record in client and vendor management.
  • Ability to mentor and grow teams.
  • Self-initiative and curiosity in health and benefits sector. Self-motivated to seek out knowledge, test ideas and ways to contribute to the team.
  • Ability to build relationships by communicating, influencing and negotiating effectively with team members.
  • Outstanding project management skill, in planning ahead the different milestones to achieve and execute in a timely manner with strong commitment on quality.
  • Computer literacy especially in Microsoft Office.
  • Strong language capabilities in English, Cantonese and Mandarin.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.

Marsh is committed to creating 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, family duties, 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, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Skills Required

  • University degree or relevant qualification
  • 7+ years experience in insurance broking
  • Strong negotiation skills
  • Proven client and vendor management experience
  • Ability to mentor and grow teams
  • Self-initiative and curiosity in health and benefits sector
  • Strong communication, influencing and relationship-building skills
  • Outstanding project management skills
  • Computer literacy, especially Microsoft Office
  • Fluent in English, Cantonese and Mandarin
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The Company
HQ: New York, New York
9,026 Employees

What We Do

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].

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