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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Account Executive - Employee Health and Benefits

Insurance Sales & AgencyUpdated on Nov 7
Full-time

About the Job

Requirements

  • At least 7 years of industry experience, with in-depth working knowledge of employee benefit plans, current health care trends, underwriting, and financial techniques.
  • Demonstrated ability to establish growth and retention strategies for a book of business and monitor implementation.
  • Ability to cultivate and expand relationships with new and existing clients.
  • Ability to provide information, creative solutions, and resolution of client issues.
  • Ability to prepare submission information appropriate to the account and coordinate the marketing process.
  • Ability to market and negotiate coverage, terms, and premiums, and foster carrier relationships.
  • Broad understanding of insurance coverages, their applicability, exclusions, program design, premium rating methods, and policy audits.
  • Ability to visit clients to discuss renewals and manage account service requirements.
  • Ability to respond to clients on customer service matters including coverage review, analysis and recommendations, quoting and securing coverage, and claims assistance with minimal guidance.

Responsibilities

  • Take charge of service execution, build a client base, and use sales methodologies and resources to manage and expand clients.
  • Establish growth and retention strategies for a book of business and monitor their implementation.
  • Cultivate and expand relationships with new and existing clients.
  • Provide information, creative solutions, and resolution of client issues.
  • Prepare submission information appropriate to the account and coordinate the marketing process.
  • Market and negotiate coverage, terms, and premiums, and foster carrier relationships.
  • Visit clients to discuss renewals and manage account service requirements.
  • Respond to client service needs including coverage review, analysis and recommendations, quoting and securing coverage, and claims assistance with minimal guidance.

Desired Qualifications

  • A Life and Health license, or the ability to obtain one upon hire.
  • A Bachelor of Science or Bachelor of Arts degree in Business, Insurance, or a related field.
  • A GBA, CEBS, VBS, or other professional insurance designation related to Benefits.
  • Experience working with Applied Epic, an agency management system.
  • Availability to travel to local and long-distance client meetings as needed.

About the Company

Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company size
10,001+
Company stage
Not listed
Total funding
Not listed
Headquarters
New York, NY
Founded
1871

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