Commercial Insurance Claims Account Executive

Marsh McLennan•Frederick, CO

2d•Hybrid

About The Position

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With 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 (NYSE: MRSH). As our Claim Account Executive on the McGriff Specialty Team, you will develop and foster strategic client relationships, understanding client's business sufficiently to provide studies and recommendations focused on specific client needs, ensuring accuracy, timeliness of client-related communications. You will handle all claims within the upper and Jumbo segments with little direct supervision. Enhance McGriff Insurance Services Inc.'s relations with key customers; and assist in the direction of carrier-provided claim adjusting services. Confirm coverage and accurately manage claims to positive outcomes for assigned clients. You will have the ability to develop and produce coherent and comprehensive written responses to reservation of rights letters and coverage denials. Provide educational presentations to both internal and external clients on various policies, coverages, management issues and emerging risk. Aide Claim Manager as a resource by mentoring and developing internal consultants. Conduct studies for clients in areas such as Cost of Risk Containment and Claim Mitigation. Communicate effectively with clients and service team, so as to maintain highest level of client satisfaction with McGriff. Participate in the development and review of service plans. Identify, pursue appropriate business development opportunities with new and existing clients. Maintain knowledge of insurance/risk management-related technical developments and claim trends ensuring that client studies reflect best current thinking. Support sales and service marketing efforts related to account renewals and new business opportunities.

Requirements

Bachelor's degree or equivalent work experience
Ten years of experience in a claim adjusters role or broker claim consulting role
Insurance Adjuster's License and licensed in accordance with local requirements
Multi-line claim experience
In-depth understanding of claim best practices and able to read and interpret complicated policies and insurance contract
Understand and apply computer and communications technology applicable to the position
Superior writing skills to convey and explain complex issues and ideas
Excellent deductive reasoning skills and problem solving ability

Nice To Haves

Experience in insurance carrier underwriting
Continuing Education and professional associations to stay abreast of insurance claims matters
Prior brokerage experience
Associate in Risk Management (ARM) or Associate in Claims (AIC) designation

Responsibilities

Develop, foster strategic client relationships, understanding client's business sufficiently to provide studies and recommendations focused on specific client needs, ensuring accuracy, timeliness of client-related communications.
Handle all claims within the upper and Jumbo segments with little direct supervision.
Enhance McGriff Insurance Services Inc.'s relations with key customers; and assist in the direction of carrier-provided claim adjusting services.
Confirm coverage and accurately manage claims to positive outcomes for assigned clients.
Develop and produce coherent and comprehensive written responses to reservation of rights letters and coverage denials.
Provide educational presentations to both internal and external clients on various policies, coverages, management issues and emerging risk.
Aide Claim Manager as a resource by mentoring and developing internal consultants.
Conduct studies for clients in areas such as Cost of Risk Containment and Claim Mitigation.
Communicate effectively with clients and service team, so as to maintain highest level of client satisfaction with McGriff.
Participate in the development and review of service plans.
Identify, pursue appropriate business development opportunities with new and existing clients.
Maintain knowledge of insurance/risk management-related technical developments and claim trends ensuring that client studies reflect best current thinking.
Support sales and service marketing efforts related to account renewals and new business opportunities.