Marsh & McLennan Companies-posted 3 months ago
Full-time • Mid Level
Metairie, LA
Insurance Carriers and Related Activities

The Private Client Account Executive is responsible for maintaining the Client Insurance Program by processing necessary documents and acting as the primary contact for clients and producers. This role involves new business placement, cross-selling, and ensuring proper processing of requests to maintain positive client relationships. The Account Executive will prepare proposals, issue insurance binders, manage accounts receivables, and provide guidance to team members. Additionally, the role requires teamwork to ensure superior service to all clients, including mentoring Account Managers and coordinating client meetings. Technical expertise is essential for analyzing insurance quotes, communicating with clients and carriers, and designing insurance programs based on client needs.

  • Process documents necessary to maintain the Client Insurance Program using agency management system.
  • Act as the primary contact with the Producer and/or Client.
  • Conduct new business placement and cross-selling as needed.
  • Initiate correspondence with the marketplace.
  • Maintain positive client relationships and analyze situations to make proactive decisions.
  • Prepare and obtain pre-renewal updates for all clients.
  • Create Acord applications for submissions to carriers.
  • Utilize carrier websites to price policies.
  • Prepare proposals or summaries for renewal terms.
  • Issue Acord Insurance Binders for renewal terms.
  • Initiate premium payment requests.
  • Prepare policies for delivery to clients.
  • Identify and resolve accounting discrepancies.
  • Manage accounts receivables and direct billing.
  • Process mail and phone requests daily.
  • Prepare documents for renewal terms.
  • Adhere to document retention software guidelines.
  • Check all insurance policies in their entirety.
  • Provide direction and guidance to team members when appropriate.
  • Delegate tasks to Account Manager and outsourcing teams.
  • Coordinate and monitor usage and quality of outsourcing teams.
  • Build and maintain carrier and broker relationships.
  • Negotiate with carriers on cost and program design.
  • Assist in plan recommendations for clients.
  • Coordinate, present, and attend client meetings.
  • Analyze insurance quotes and make recommendations.
  • Comprehend and interpret insurance contract requirements.
  • Become proficient using premium analysis software.
  • Stay up to date on carrier plans and websites.
  • Identify and address any coverage gaps.
  • Licensed: Louisiana P&C Agent.
  • Education: Bachelor's Degree preferred.
  • Minimum of 2-4 years of Private Client Account Executive experience preferred.
  • Obtain relevant insurance designations or have 6 years of experience as an Account Executive.
  • Demonstrate ability to multi-task and prioritize work.
  • Willingness to work beyond scheduled hours to meet client needs.
  • Proficient at Word, Excel, and current internet technologies.
  • Demonstrate proactive work style.
  • Ability to learn, analyze, and comprehend commercial lines of insurance.
  • Demonstrate ability to service clients effectively.
  • Demonstrated experience in client-facing roles.
  • Ability to interact and support employees in various roles.
  • Ability to speak professionally in front of others.
  • Maintain a positive, professional attitude.
  • Ability to travel to meet client service needs when necessary.
  • Health and welfare programs.
  • Tuition assistance.
  • 401K.
  • Employee assistance program.
  • Career mobility.
  • Employee network groups.
  • Volunteer opportunities.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service