Employee Benefits Account Executive

Marsh McLennanOrland Park, IL
Hybrid

About The Position

Marsh McLennan Agency (MMA) is seeking an Employee Benefits Account Executive. MMA is a leading provider of business insurance, employee health & benefits, retirement, and private client insurance solutions. With a strong emphasis on a Top Workplace culture, MMA combines local service with global resources. This role is crucial in understanding client needs, developing solutions, and fostering strong relationships within the insurance industry.

Requirements

  • Upon hire, Producers License (in state of residence) for Fire/Casualty or Life/Health as appropriate
  • Proven track record for accomplishing specific tasks
  • Ability to travel to attend client and internal meetings, as needed

Nice To Haves

  • BS/BA in business, management, insurance or related field
  • Proven success in Account Executive or client-facing position
  • CPCU, CEBS, ARM or other professional designation

Responsibilities

  • Understand the client industry niche(s) served and recognize typical business problems faced by clients.
  • Maintain proactive awareness of industry changes and their impact on clients.
  • Represent MMA Midwest in client and insurance industry through writing, speaking, and networking.
  • Advocate for changes and additions to the service platform to increase client value.
  • Build and cultivate relationships with clients and stakeholders.
  • Use the MMA Midwest sales process to analyze client exposures and opportunities.
  • Create compelling presentations to convince decision-makers to select MMA Midwest.
  • Understand each client’s decision process, business goals, and issues.
  • Recognize and act to retain clients by addressing risks.
  • Close new business and renewals through a methodical approach.
  • Uncover opportunities to add new product and coverage lines and cross-sell clients.
  • Understand business drivers of individual clients and their success metrics.
  • Analyze coverage, program financials, claims, and loss rates to recommend improvements.
  • Engage other MMA Midwest teams for specialized analysis and service.
  • Oversee the placement of insurance products within own discipline.
  • Monitor client satisfaction through personal relationships and engagement.
  • Support an effective team by creating a climate where people want to do their best.
  • Conduct regular meetings with the client service team.
  • Support processes, procedures, and agency best practices.
  • Mentor client service team members and new producers.
  • Recruit potential employee candidates to MMA Midwest.
  • Leverage technology, tools, resources, and information to maximize efficiency.
  • Conduct business planning to set goals for results and activities.

Benefits

  • Generous time off, including personal and volunteering
  • Tuition reimbursement and professional development opportunities
  • Hybrid work
  • Charitable contribution match programs
  • Stock purchase opportunities
  • Health and welfare benefits
  • Tuition assistance
  • 401K savings and other retirement programs
  • Employee assistance programs
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