Placement Specialist - Business Insurance
Placement Specialist – Business Insurance
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 an Account Manager 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).
A day in the life.
As our Placement Specialist on the Business Insurance team, you’ll:
- Work with Placement Team on assigned accounts from Marketing Manager and provides strategy during discussion for other accounts as requested.
- Work with service team to prepare submission and get all necessary documentation for marketing, including specifications, loss records and summary reports to better serve clients.
- Provide strategy to marketing team and producers for market placement, program design, market conditions and recommended coverages for the industry class. Participates in Strategy, Renewal, and Large Account Meetings and is available for client meetings as requested by producers.
- Submit documents to various markets or rates independently on their websites to secure quotes. Negotiates terms and conditions to provide the best coverage and price, and works to further the partnership relationship with all carriers.
- Assist with analyzing coverage, comparing quotes from markets, reviewing existing client insurance and risk programs and preparing proposal components to better serve clients.
- Communicate effectively with markets, producers, and teams to manage expectations and provide realistic timelines to teams and clients. Prepares marketing summary to provide information to clients and teams.
- Process necessary documentation and follows up on outstanding documentation with the appropriate party to ensure the smooth continuation of the Placement process.
- Request and oversee follow-up for changes from underwriters and reviews coverage specifications to be submitted to carriers/underwriters to ensure they are accurate.
- Assist on new and renewal placement, providing insight into retention strategy on renewal accounts to provide options to the clients and retain the business.
Our future colleague.
We’d love to meet you if your professional track record includes these skills:
- A minimum experience of 5+ years.
- Is a seasoned individual contributor.
- Works independently under moderate supervision for routine situations.
- Provides assistance and training to lower level employees.
- Handles problems that are not typically routine; they require analysis to understand.
- Makes minor adjustments to working methods and independently develops solutions to problems.
- Explains practices, procedures and policies to reach agreement with others outside of the job area.
- Presents well to clients and teams and is able to manage expectations effectively around marketing results and timeline.
- Maintains appropriate market knowledge for placement and conditions of market for recommendations.
- Works well within the marketing team to get all account duties completed in a timely manner.
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 work
- 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://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.
#MMAUMW
#LI-Onsite
#MMABI
