Marsh McLennan

Account Executive-Large Market

Marsh McLennan$140K — $180K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and 8+ years in Health and Welfare Consulting
  • 5+ years as an account lead with upper middle market clients
  • Demonstrated experience in C-level relationship management
  • Prior direct and matrix management experience required
  • Strong analytical, decision-making, and communication skills

Responsibilities

  • Ensure complete client satisfaction and retention
  • Manage complex, global client partnerships
  • Conduct strategic account planning meetings
  • Translate client needs into actionable plans
  • Serve as primary point of contact for client issues
  • Identify new revenue sources within assigned accounts
  • Collaborate with internal resources to address client challenges

Benefits

  • Health and welfare benefits
  • Tuition assistance
  • 401K savings and retirement programs
  • Employee assistance programs
  • Hybrid work environment options
Full Job Description
Company:
Marsh McLennan Agency

Description:

The Account Executive (AE) is the guardian of the strategic customer relationship and orchestrates the deployment of corporate-wide resources to provide comprehensive products, services and solutions to strategic key accounts. The AE is fully responsible for the retention, development, servicing and expansion of their assigned accounts.

ESSENTIAL DUTIES AND RESPONSIBILITIES include, but are not limited, to the following:

Account Management
  • Consistently ensure 100% complete and total client satisfaction
  • Manage a large, complex, functionally diverse and globally dispersed client partnership
  • Maintain strong relationships within client organizations at the decision maker and end-user levels; present a consistent MMA East image to those clients; build high levels of client satisfaction; execute proper client agreements
  • Demonstrate the ability to clearly articulate total cost of ownership and value contribution to assigned accounts within MMA East
  • Develop, implement and manage project plans in conjunction with the client
  • Prepare and conduct quarterly strategic account planning meetings and annual executive summits
  • Articulate needs and desires of the client and translate into actionable plans for the assigned Client Service team members
  • Act as communication conduit for MMA East organization to assigned accounts
  • Serve as the primary escalation contact for client resolution of issues
  • Initiate and promote continuous improvement of procedures, processes, standards and programs to gain cost-effectiveness and efficiency and execute implementation


Sales
  • Develop and execute account plans for assigned accounts to ensure retention
  • Continuously identify and capture new sources of revenue within assigned accounts
  • Develop and deliver detailed, accurate and timely revenue forecasts to sales management
  • Develop and negotiate contract terms, rates, plans, schedules, resources, involvement, and roles/responsibilities
  • Identify the factors which influence business performance and recommend actions to improve profitability and/or enhance revenue for MMA East


Client Services
  • Partner with team of resources dedicated to the assigned accounts - potential team members may include underwriting, client service, voluntary benefits, benefits administration and administrative resources
  • Provide clear communications so client team maintains a thorough understanding of the client's challenges, issues, expectations and goals
  • Coordinate with Client Service Director to provide education needed to support clients


Professional Development
  • Develop and maintain skills, knowledge and proficiencies required to be effective in sales techniques and in support of client strategies, goals and objectives
  • Continually build knowledge and skills to keep pace with market trends


Required Education and Experience
  • Bachelor's degree and a minimum of 8 years of experience in Health and Welfare Consulting required, with a minimum of 5 years as an account lead
  • Demonstrated experience with upper middle market clients (500-5,000 lives) required, with specific experience operating at the C-level regarding negotiations, business development and relationship management
  • Prior management experience, both direct and matrix, is required
  • Effective analytical, math and problem-solving skills, sound judgment, strong decision-making ability, confidence to make difficult decisions and excellent communication skills
  • Must be organized, detail oriented and able to translate big picture ideas into client objectives


Knowledge, Skills and Abilities
  • Strong organizational, management and account planning skills with analytical skills and strong attention to detail
  • Work in a high production team environment with a high degree of complexity
  • Operate independently and provide appropriate information and direction to other individuals
  • Provide effective, accurate, clear communication to internal company team members and clients
  • Ability to interact in a professional manner with clients, vendors, carriers and internal departments including sales, marketing, HR, Finance, IT and other functional areas within MMA East and designated key accounts
  • Ability to interact with and focus on information gathering and collaborative solution development in a proactive manner
  • Ability to handle sensitive and confidential information
  • Demonstrated track record of success in sales
  • Ability to lead team development and motivate others
  • Project management capability
  • Excellent troubleshooting, decision making and problem-solving skills
  • Solid interpersonal, verbal and written communication skills
  • Ability to work well independently and as a team member; multitask and successfully operate in a fast-paced work environment; prioritize projects and meet deadlines
  • Ability to follow through on and successfully execute tasks while adhering to specified quality standards
  • Must be proficient in the Microsoft Office Suite (Outlook, Word, Excel, PowerPoint, and Access)
  • Proficiency in use of PC such as keyboard skills and electronic folder/file organization and management
  • Aptitude for learning internal systems, applications and internal workflow of the department
  • Must be able to effectively interact and deal with people at all levels inside and outside of the company


Physical Demands and Work Environment
  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • While performing the duties of this job, the employee is:
    • Frequently required to sit; speak or hear; use hands to finger, handle, feel objects, and reach with hands and arms;
    • Occasionally required to stand and walk;
    • Extensive use of computer and keyboard and viewing of computer screen is required;
    • Specific vision abilities required by this job include vision, and ability to adjust focus.
  • Other working conditions are normal for an office environment.


Work Location
  • Work is typically performed either remotely or in a hybrid manner at MMA East's Conshohocken, PA office, or at various customer/MMA locations as required.


The applicable base salary range for this role is $140,000 to $180,000.

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.

#MMAE
#LI-Hybrid

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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