Business Insurance Placement Specialist
Oliver Wyman, LLC
Placement Specialist Business Insurance
Award-winning, inclusive, Top Workplace culture doesn't happen overnight. It's a result of hard work by extraordinary people. 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 make your mark as a Placement Specialist 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 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 Business Insurance Placement Specialist on our Business Insurance team, you'll provide support to the marketing operations within the Dakotas offices, ensuring the retention and acquisition of quality clients. Additionally, you'll be responsible for preparing submissions for our carrier partners, preparing client presentation materials and ensuring complete and consistent documentation in system of record.
- Review submissions from Service Team to ensure necessary information is received
- Prepare draft submission documents and finalize submissions for delivery
- Review quotes against specifications and develop side-by-side comparisons
- Record and maintain all information accurately on the appropriate systems
- Prepare program proposals, review program binders for accuracy against quotes, complete file reviews, and assist marketing team with bind orders to carriers
- Participate in regular marketing meetings with team members to discuss and review marketing opportunities for both new and renewal business
- Work with producers and service staff in the day-to-day marketing of new & renewal commercial lines business
- Collect, Distribute and Track Agency Performance with Carrier Partners
- Keep team informed of carrier personnel, underwriting and appetite changes
- Participate in prospect and client calls and provide expertise with producers
- Provide direct customer service to the client on accounts
- Gather information and analytics to assess and evaluate client risks in order to support the placement of client risks into the market
- Ensure that quality and compliance procedures and processes are adhered to
- Participate in discussions on renewal strategy and gather renewal information from client
- Become efficient in online rating with the carriers, and be the point person for online rating with the marketing team
Our future colleague.
We'd love to meet you if your professional track record includes these skills:
- Bachelor's degree in business or related field
- Property and casualty coverage and risk management knowledge
- Strong interpersonal and sales-related skills in dealing with Producers, Client Executives, Carriers, and Clients
- Must have the ability to work under pressure and multi-task
These additional qualifications are a plus, but not required to apply:
- Insurance placement & marketing experience
- Property & Casualty License
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 of work. Our culture promotes colleague well-being through robust benefits programs and resources, professional and personal development opportunities, and fulfillment through meaningful 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
We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.
Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.
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