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Property Placement Consultant

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1 Vacancy
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Job Location drjobs

Dallas - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Company:

Marsh McLennan Agency

Description:

JOB TITLE: Property Placement Consultant

JOB TYPE: FLSA Exempt


ESSENTIAL DUTIES & RESPONSIBILITIES:

Collaborate with the Service Team to ensure the following processes are completed

Oversee and Manage the Process:

  • Ensure you have a clear understanding of the new business and renewal accounts assigned to you.
  • Keep track of all accounts and their respective timelines to ensure timely processing.

Primary Contact with Service Team:

  • Act as the main point of contact for the Service Team during the insurance placement process to ensure smooth communication and coordination.

Review Submissions to the Insurance Market:

  • Thoroughly review submissions to ensure accuracy and completeness.
  • Familiarize yourself with account details to negotiate effectively.

Facilitate Insurance Placement Strategy Calls:

  • Schedule and conduct strategy calls with the Service Team and/or Advisor to align on goals and strategies for each account

Submit submissions to market

  • Prepare and submit all necessary documentation to the insurance market.
  • Follow up with markets in a timely manner to ensure progress

Negotiate Coverage Terms and Pricing:

  • Engage with the insurance market to negotiate the best coverage terms and pricing for your clients.
  • Explore creative solutions to meet client needs effectively

Review Exposures Forms Terms and Conditions:

  • Carefully review all quoted exposures forms terms and conditions as they are received to ensure they meet client needs.

Provide Quote Comparisons and Proposals:

  • Prepare and present quote comparisons to the Service Team and/or Advisor to support decision-making.
  • Generate a professional final proposal with the best recommendation(s) for the client
  • Create schematics for shared/layered programs

Bind Orders:

  • Finalize and complete bind orders once terms are agreed upon.
  • Review binder and invoices for accuracy.

Management Systems

  • Understand Agency Management System and document the placement process

Ongoing Communication:

  • Maintain ongoing communication with the Service Team throughout the insurance placement process to address any issues or changes promptly.

Teamwork

Act as a collaborative member of the Agency to ensure superior service to all MMA clients. Responsibilities include but are not limited to:

  • Attend Insurance Placement Team meetings as appropriate
  • Collaborate with producers/account managers and other placement colleagues on market strategy for accounts
  • Communicate the status of the Insurance Placement process and daily correspondence between the company account executive client and producer
  • Build and maintain strong working relationships within the insurance market
  • Participate in carrier meetings to stay informed about current market conditions and appetites
  • Treat clients prospects and company employees with courtesy and respect.
  • Contribute to development and education of colleagues
  • Support other offices/regions as needed

Technical Expertise

Demonstrate the technical expertise required to maintain the Client Insurance Program and lead the insurance placement process including but not limited to:

  • Analyze insurance quotes and recommend terms and conditions
  • Communicate and negotiate with insurance markets through strategy
  • Ability to pivot when faced with challenges
  • Maintain and develop knowledge of policy forms and endorsements
  • Design insurance program for client based on defined needs
  • Identify and address any coverage gaps with account service teams and insurance markets
  • Become a subject matter expert and resource in areas of interest or technical capability

REQUIREMENTS:

  • Must be licensed as a Texas P&C Agent or able to obtain Texas P&C license
  • Minimum of 4-6 years of experience in middle market Business Insurance
  • Demonstrate ability to multi-task prioritize work effectively with little to no direction.
  • Proficient at Sagitta ImageRight Word Excel and current internet technologies.
  • Demonstrate proactive work style
  • Ability to learn analyze and comprehend various lines of insurance and communications
  • Demonstrate ability to service clients effectively through problem solving appropriate confidentiality and exercising diplomacy sensitivity and tactfulness

We embrace a culture that celebrates and promotes the many backgrounds heritages and perspectives of our colleagues and clients. Marsh & McLennan Agency offers competitive salaries and comprehensive benefits and programs including: health and welfare tuition assistance 401K employee assistance program career mobility employee network groups volunteer opportunities and other programs. For more information about our company please visit us at: Experience:

Contract

Employment Type

Full-Time

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