Placement Specialist - Business Insurance

Placement Specialist Business Insurance

Award-winning, inclusive, top workplace culture doesn't happen overnight. It's a result of hard work by extraordinary people. More than 11,000 of the industry's brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can thrive as an Account Manager at MMA.

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With 200 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).

A Day In The Life

As our Placement Specialist on the Business Insurance team, you'll :

• Work with Placement Team on assigned accounts from Marketing Manager and provides strategy during discussion for other accounts as requested.
• Work with service team to prepare submission and get all necessary documentation for marketing, including specifications, loss records and summary reports to better serve clients.
• Provide strategy to marketing team and producers for market placement, program design, market conditions and recommended coverages for the industry class. Participates in Strategy, Renewal, and Large Account Meetings and is available for client meetings as requested by producers.
• Submit documents to various markets or rates independently on their websites to secure quotes. Negotiates terms and conditions to provide the best coverage and price, and works to further the partnership relationship with all carriers.
• Assist with analyzing coverage, comparing quotes from markets, reviewing existing client insurance and risk programs and preparing proposal components to better serve clients.
• Communicate effectively with markets, producers, and teams to manage expectations and provide realistic timelines to teams and clients. Prepares marketing summary to provide information to clients and teams.
• Process necessary documentation and follows up on outstanding documentation with the appropriate party to ensure the smooth continuation of the Placement process.
• Request and oversee follow-up for changes from underwriters and reviews coverage specifications to be submitted to carriers / underwriters to ensure they are accurate.
• Assist on new and renewal placement, providing insight into retention strategy on renewal accounts to provide options to the clients and retain the business.

Our Future Colleague

We'd love to meet you if your professional track record includes these skills :

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 fulfillment outside of work.

Some benefits included in this role are : generous time off, including personal and volunteering; tuition reimbursement and professional development opportunities; hybrid work; charitable contribution match programs; stock purchase opportunities.

To learn more about a career at MMA, check us out online.