Marsh McLennan

Benefits Account Executive

Marsh McLennan • $70K — $95K *
Houston, TX 77084In-Person
Finance & Insurance
Less than 5 years of experience
6 days ago
Job Overview by Ladders

Qualifications

  • Bachelor's Degree preferred
  • Group 1 License required
  • 3+ years managing a book of business in insurance brokerage or HR benefits experience
  • Proficient in Microsoft Word, Excel, and PowerPoint
  • Ability to travel for client meetings
  • Excellent public speaking skills
  • Knowledge of fully-insured and self-funded benefit products

Responsibilities

  • Act as primary contact with Producers, keeping them updated on deadlines
  • Delegate tasks to Account Manager and cross-functional teams
  • Manage client benefit program workflows effectively
  • Research and resolve inquiries about client benefit plans
  • Conduct wellness presentations to educate clients on vendor capabilities
  • Maintain vendor relationships and manage renewal negotiation processes
  • Ensure superior client service through effective problem-solving

Benefits

  • Health and welfare programs
  • Tuition assistance
  • 401K retirement plan
  • Employee assistance program
  • Opportunities for career mobility
  • Participation in employee network groups
  • Access to volunteer opportunities
Full Job Description
JOB TITLE: Benefits Account Executive

JOB TYPE: FLSA Exempt

ESSENTIAL DUTIES & RESPONSIBILITIES:

Primary Contact with the Producer

Manage the Client Insurance Program, utilizing agency management system. Duties include, but are not limited to, those below:
  • Point of contact with the Producer, informing Producer of upcoming deadlines and events
  • Responsible for sharing knowledge, providing instruction, and delegating tasks to the Account Manager, and cross-functional departments
  • Manage "workflows" and administration of client benefit programs, adhering to deadlines
  • Research and answer questions regarding client benefit plans, claims billings, etc.
  • Coordinate and/or Deliver Wellness Presentations so that client understands full scope of MMA vendor capabilities.


Primary Contact with the Market Place
  • Build and maintain vendor relationships.
  • Manage renewal bid/RFP strategy and process.
  • Manage ongoing carrier/TPA/Vendor renewal negotiations on clients' behalf.


Primary Contact with the Client
  • Ensure appropriate level of service to client.
  • Oversee development and preparation of communication booklets
  • Ability to service our clients effectively through problem solving, appropriate confidentiality, diplomacy, sensitivity and tactfulness
  • Responsible for visibility with client through occasional lunches and on-site visits.
  • Schedule Mid-year and Renewal Meetings -Prepare materials used in these meetings
  • Enrollment Meetings - Coordinate meeting agenda and times with Client and Carriers and conduct meetings as necessary.


Teamwork

Function as team member of the Client Services team to ensure superior service to MMA Clients. These activities include but are not limited to:
  • Begin to demonstrate appropriate judgement regarding what tasks are managed at their level or those that need to be delegated
  • Begin to delegate tasks to Account Manager, as well as outsourcing teams, as appropriate, and ensuring tasks are completed as delegated
  • Perform other duties as assigned by the Director of Client Services as needed


REQUIREMENTS:
  • Education: Bachelor's Degree preferred
  • Maintain Group 1 License
  • 3+ years of experience as managing a book of business at an insurance brokerage OR 3+ years of HR benefits experience preferred
  • Proficient in Microsoft Word, Excel, Power Point
  • Ability to travel as needed for client meetings
  • Ability to speak professionally and comfortably in front of others
  • Demonstrate ability to prioritize & multi-task when needed
  • Bilingual Spanish is a plus
  • Ability to service our clients, vendors and co-workers effectively through problem solving, appropriate confidentiality, diplomacy, sensitivity and tactfulness
  • Ability to be pro-active (Does not have to be asked or reminded of tasks. Demonstrates a leadership role with the client in the overall administration of the Benefits Program).
  • Working knowledge of fully-insured and/or self-funded benefits products, services, market dynamics, carriers/vendors
  • Functional knowledge of wellness programs and client advocacy concepts.


Marsh & McLennan Agency offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, career mobility, employee network groups, volunteer opportunities, and other 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
Finance & Insurance
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ
MMC
* Ladders Estimates

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