Jobs · Sales · Illinois

Account Executive - Business Insurance

Marsh McLennan Agency · Schaumburg, IL · 1 wk ago
HybridSales$98k–$182k/yrFull-time

About the role

MMA Midwest is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services. It is consistently recognized as a top workplace, attracting and retaining its insurance talent by rewarding expertise and investing in career development.

Responsibilities

  • Take charge of service execution, build a client base, and utilize sales methodologies and resources to effectively manage and expand your clients.
  • Evaluate risks, review loss experience, cash flow and financials, develop solutions, articulate impact of options, leverage prepared analytics, and make recommendations to clients across product lines.
  • Establish the growth and retention strategy for a book of business and monitor implementation.
  • Cultivate and expand relationships with new and existing clients.
  • Provide needed information, creative solutions, and resolution of client issues.
  • Prepare submission information as appropriate for the account and coordinate the marketing process.
  • Market and negotiate coverage, terms, and premium and foster carrier relationships.
  • Display a broad understanding of insurance coverages, their applicability, various exclusions, and basics of program design, premium rating methods, and policy audits.
  • Visit clients to discuss renewals and manage account service requirements.

Requirements

  • 7+ years previous insurance experience in applicable insurance products/lines.
  • Utilizing detailed risk expertise to perform critical client functions.
  • Establishing the growth and retention strategy for a book of business and monitoring implementation.
  • Cultivating and expanding relationships with new and existing clients.
  • Providing needed information, creative solutions, and resolution of client issues.
  • Displaying a high level of consistency between words and actions across all business situations.
  • Preparing submission information as appropriate for the account and coordinating the marketing process.
  • Marketing and negotiating coverage, terms, and premium and fostering carrier relationships.
  • Displaying a broad understanding of insurance coverages, their applicability, various exclusions, and basics of program design, premium rating methods, and policy audits.
  • Visiting clients to discuss renewals and managing account service requirements.

Qualifications

  • Property & Casualty license preferred, or the ability to obtain upon hire.
  • BS/BA in Business, Insurance or related field.
  • CIC, ARM, CRM, CPCU, CRIS or RPLU or other professional insurance designation related to Property & Casualty.
  • Experience working with Applied Epic, agency management system.
  • Available to travel to both local and long-distance client meetings as needed.

Skills

These additional qualifications are a plus, but not required to apply:

  • Property & Casualty license preferred, or the ability to obtain upon hire.
  • BS/BA in Business, Insurance or related field.
  • CIC, ARM, CRM, CPCU, CRIS or RPLU or other professional insurance designation related to Property & Casualty.
  • Experience working with Applied Epic, agency management system.
  • Available to travel to both local and long-distance client meetings as needed.

Benefits

  • Medical, dental, vision, 401K benefits and more.
  • The flexibility to work at home or an office, based on your discretion and schedule.
  • 20 days of paid time off.
  • Company-organized volunteer events.
  • Matching charitable donations up to $1,000 per year.
  • Wellness rewards up to $750 per year.
  • Nitro cold brew coffee and sparkling water.
  • Employee assistance programs.

Pay

The applicable base salary range for this role is $97,616 to $181,847. 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.

Schedule

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.

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