Marsh McLennan

Business Insurance Vice President

Marsh McLennan$120K — $180K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in business insurance required
  • Bachelor's degree or equivalent work experience necessary
  • Advanced designations (CIC, ARM, CRM, CPCU, AIDA) preferred
  • Experience managing large, complex risks essential
  • Strong prioritization, organizational, and project management skills needed
  • Expertise in Microsoft Office Products required
  • Property & Casualty License is mandatory

Responsibilities

  • Guide and support account teams with data entry into management systems
  • Demonstrate effective negotiation skills with carrier partners
  • Drive client service delivery and strategic outcomes
  • Build and maintain relationships with clients at all levels
  • Coordinate projects with account team while setting deadlines
  • Prepare materials for client meetings and ensure timely delivery
  • Assist in new business production and renewal processes

Benefits

  • Medical, dental, and vision insurance
  • 401K with company match
  • Company-paid life and disability insurance
  • Generous paid time off policies
  • Employee assistance and volunteer time off programs
  • Tuition reimbursement and professional development opportunities
  • Career mobility and networking groups
  • Charitable contribution matching
  • Stock purchase options
Full Job Description
Applicants must be within driving distance to our Columbus, GA office to be considered for this role and have the ability to commute to the office five days per week.

A day in the life.

As a Business Insurance Vice President, you will:
  • Provide guidance, direction and support to account team as needed for data entry into Agency Management System
  • Tactful demonstration to carrier partners of the timing, art and understanding of the underwriter mindset in order to obtain the most desirable outcome for client. Rate and coverage negotiation for renewal and competitive quotes prior to presenting to Producer.
  • Drives strategy and ownership of client deliverables & meeting client expectations (including proposals, stewardship, meetings, special projects etc.).
  • Partnership: Builds client relationships at all levels (HR, Finance, Decision-makers and C-Suite).
    Informs account team of any significant changes relating to the client. Understands and adapts to style of client to best suit their needs.
  • Coordinates with Client Team to review tasks, status of deliverables, provide guidance on upcoming projects
    Strategize on project details and give direction to the Client Team on needed tasks and sets / monitors deadlines
  • Prepares or coordinates preparation of deliverables for all client meetings throughout the year, including scheduling meetings, working within the parameters of the client's expectations on timing and deliverables. Drives coordination of assignments with Producer feedback. Together with Producer, attends and presents deliverables to the client.
  • Advanced understanding of available tools (Reference Connect, Playbook, MMA U)
    Oversight for the delivery of other resources where applicable: Subject Matter Experts (Loss Control, Communications, Claims, etc.) Provides client insight as needed to make these areas more effective & tailored to the client's strategic direction. An internal resource for team to rely on for questions related to carriers, clients for solutions.
  • Provides New Business and Renewal Support based on the following tasks:
  • Assists Producer in New Business Production to include:
    • Triage (qualification of opportunity and team set up)
    • Strategy Meeting
    • Program Design
    • Coordinate Preparation of RFP with Internal Resources
    • Develop Service Plan
    • Presentation to Prospect
  • Renewal Strategy Meetings (Internal and External)
  • Renewal Exposure Analysis
  • Perform Benchmarking, loss analysis/stratification, reserve analysis
  • Sends Submission to Market
  • Performs Non-Admitted Carrier Due Diligence
  • Performs Premium, Rate and Coverage Comparisons
  • Finalizes Proposal and Presentation to client / prospect
  • Submits Bind Order to Carrier
  • Performs Premium Allocations
  • Provides General Service Support based on the following tasks:
  • Assists in coordination of Carrier Loss Control Recommendation Compliance
  • Collateral Reviews
  • Risk Management Consulting
  • Provides complex Contract Review
  • Stewardship Review and Preparation


Our future colleague.

We'd love to meet you if your professional track record includes these skills:
  • Minimum 10+ years prior experience
  • Bachelor's Degree or Equivalent Work Experience Required
  • Advanced Degree (RMIN, Finance, Accounting) experience a plus
  • Advanced Designation Preferred (CIC, ARM, CRM, CPCU, AIDA)
  • Large, multi-layer & complex risks
  • Manages a book of business; a portion is independently managed by the Senior Client Executive, and a portion includes Sales collaboration.
  • Advanced application of prioritization & organizational skills
  • Advanced project management including delegation
  • Advanced carrier relationships
  • Networks with Sales Directors, Sales Executives and Centers of Influence
  • Extensive knowledge of products/lines and marketing techniques.
  • Extensive knowledge of how products are utilized and administered.
  • In-depth understanding of program design: Guaranteed Cost, Loss Sensitive, Captive/Self-Funded Programs, Layered/Quota Share
  • Up to date with current trends, regulations, etc.
  • Expert use of tools & resources
  • Expert application in Microsoft Office Products (Excel, Powerpoint, Word, and Outlook)
  • Exemplifies MMA Core Values: Collaboration, Passion, Innovation, Accountability
  • Property & Casualty License Required
  • Annual CE Requirement


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:
  • Medical, dental and vision insurance
  • 401K and company match program
  • Company-paid life and disability
  • Generous paid time off programs
  • Employee assistance program (EAP)
  • Volunteer paid time off (VTO)
  • Career mobility
  • Employee networking groups
  • Tuition reimbursement and professional development opportunities
  • 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://twitter.com/marsh_mma
  • https://www.linkedin.com/company/marsh-mclennan-agency/

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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