Business Insurance Placement Specialist

Business Insurance Placement Specialist

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With over 300 offices across North America, we combine the personalized service model of a local consultant with the global resources of the world's leading professional services firm, Marsh McLennan (NYSE : MMC).

We are looking for a Business Insurance Placement Specialist to market property / casualty insurance risks.

A Day In The Life :

• Responsible for marketing the new business and renewal accounts
• Develop and maintain professional relationship with underwriters and brokers
• Understand the regulatory, legislative and legal issues surrounding critical business insurance situations, including understanding of marketplace and market conditions.
• Analyze the needs of clients' risks to determine proper amounts and type of insurance coverage appropriate to treat those exposures.
• Evaluate insurance coverage available in the marketplace to recommend options to producers and account managers on existing accounts and new business.
• Negotiate with underwriters and brokers to achieve the most desirable combination of cost and coverage.
• Provide technical assistance to producers and account managers regarding policy forms and endorsements, rating plans, and risk retentions options.
• Review and evaluate losses, safety inspections and recommendations offered by insurance carriers.
• Utilize Agency Management System to track quotes in process and coverage bound and / or declined by carriers / brokers.
• Prepare proposal from the quotes received from the insurance company to be used by producers.

Our Future Colleague :

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 :

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.

Marsh McLennan and its affiliates are EOE Minority / Female / Disability / Vet / Sexual Orientation / Gender Identity employers.