Marsh McLennan

Account Executive - Business Insurance

Marsh McLennan$97K — $181K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years insurance experience in applicable products/lines
  • Knowledgeable in evaluating risks and reviewing financials
  • Experience in developing growth and retention strategies
  • Strong relationship-building skills with clients
  • Ability to provide creative solutions to client issues
  • Consistency in actions and accountability for results
  • Coordination of marketing processes and account submissions

Responsibilities

  • Lead service execution for client accounts
  • Build and manage a client base through effective sales techniques
  • Evaluate and articulate risks and financial impacts for clients
  • Cultivate relationships with new and existing clients
  • Prepare submission information and coordinate marketing efforts
  • Negotiate coverage terms and maintain strong carrier relationships
  • Visit clients to discuss renewals and service requirements

Benefits

  • Medical, dental, vision, and 401K benefits
  • Flexible work options, including remote work
  • 20 days of paid time off at start
  • Paid day off for volunteering and matching donations
  • Wellness rewards up to $750 per year
  • Unlimited nitro cold brew and sparkling water
  • Strong team culture with an emphasis on appreciation
Full Job Description
Company:
Marsh McLennan Agency

Description:

A day in the life.

As an Account Executive, you are a leader in the industry and client niches, with a deep understanding of business risks and financial implications. You will take charge of service execution, build a client base, and utilize sales methodologies and resources to effectively manage and expand your clients.

Our future colleague.

We'd love to meet you if your professional track record includes these skills:
  • 7+ years previous insurance experience in applicable insurance products/lines
  • Utilizing detailed risk expertise to perform critical client functions, including evaluating risks; reviewing loss experience, cash flow and financials; developing solutions; articulating impact of options; leveraging prepared analytics and making recommendations to client across product lines
  • Establishing the growth and retention strategy for a book of business and monitoring implementation
  • Cultivating and expanding relationships with new and existing clients
  • Providing needed information, creative solutions and resolution of client issues
  • Demonstrating a high level of consistency between words and actions across all business situations. Accepts ultimate responsibility for results
  • Preparing submission information as appropriate for the account and coordinating the marketing process
  • Marketing and negotiating coverage, terms and premium and fostering carrier relationships
  • Demonstrating a broad understanding of insurance coverages, their applicability, various exclusions, and basics of program design, premium rating methods and policy audits
  • Visiting clients to discuss renewals and managing account service requirements


These additional qualifications are a plus, but not required to apply:
  • Property & Casualty license preferred, or the ability to obtain upon hire
  • BS/BA in Business, Insurance or related field
  • CIC, ARM, CRM, CPCU, CRIS or RPLU or other professional insurance designation related to Property & Casualty
  • Experience working with Applied Epic, agency management system
  • Available to travel to both local and long-distance client meetings as needed

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

A Great Place to Work. A Great Place to Perk.

Recognized for workplace culture by the likes of Fortune Magazine, The Chicago Tribune and more, our colleagues enjoy an environment that fosters creativity as well as individual and organizational growth. A small sampling of the benefits our colleagues enjoy include:
  • Medical, dental, vision, 401K benefits and more
  • The flexibility to work at home or an office, based on your discretion and schedule
  • Start with 20 days of paid time off
  • A paid day off to volunteer and company-organized volunteer events
  • Up to $1,000 per year in matching charitable donations
  • Up to $750 per year in wellness rewards
  • All the nitro cold brew coffee and sparkling water you can drink
  • A company-wide mentality that you can never appreciate your co-workers too much


The applicable base salary range for this role is $97,616 to $181,847.

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.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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