Account Executive, NY Construction Team (#MMANE)

Company:

Description:

Account Executive, NY Construction Team

The Account Executive is responsible for exceeding our Retention Goals and preventing E&O exposure by implementing the MMA-NE Service and Operational standards. This client-facing role requires building strong relationships with clients, intermediaries, and the insurance marketplace. The position involves interacting with clients, intermediaries, insurance markets, accounting, marketing, claims, loss control, and management to provide exceptional service. The Account Executive must maintain accounts proactively and collaborate professionally with producers, team members, and office staff. They possess a high level of expertise, can work independently, and are expected to provide supervision, assistance, leadership, and development to junior staff members.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Client interface at pre-renewal/stewardship, renewal proposal presentation, claim review and loss control meetings.
• Carry out Service Calendar tasks.
• Fully utilize MMA-NE resources, MMC and MMA Benchmarking, Risk Mapping and other Data Analytics tools .
• Directly responsible for client contract review program.
• Participate in the coordination of loss control, risk management, and Exposure Analysis services.
• Trending and loss development analysis.
• Interact with Insurance Carriers.
• Carry out ongoing client service functions, including, but not limited to:
  • Trending and loss development analysis
  • Contract review
  • Draft Stewardship presentation
  • Review ModMaster calculations
  • Draft proposals and presentations
  • Directly responsible for MMA-NE coverage standards and identifying any coverage deficiencies.
  • Transmission of information to clients and insurance companies.
  • Finalize and present Stewardship report.
  • Review ModMaster calculations with Client.
  • Finalize new/renewal proposals, charts and presentations.
  • Ensure coverage standards and identify coverage deficiencies .
  • Renewal Checklist Procedures
  • Binding Checklist Procedures
  • Policy Audits
  • WC Dividend calculations
  • WC Retro LOC Loss Fund Adjustments
  • Supervise billing and invoicing to include Bi monthly aging and discrepancy reports 
  • Transmission of information to clients and insurance companies
  • Supervise policy Endorsements
  • High level review of Certificates of Insurance issues
• Working as directed with outside vendor services
• Other duties assigned

QUALIFICATIONS

• 10+ years of insurance brokerage experience, ideally in a client servicing role.
• Must have multiple years of experience working with New York Construction industry clients.
• Must possess an active Property & Casualty Agent’s/Broker’s license.
• Must be well organized with excellent math, written and oral communication skills and also possess strong technical skills.
• High School Diploma required.  A college degree in Business Administration, Risk Management, Finance, Insurance or other relevant program highly preferred.
• Must be proficient with Microsoft Office (Word, Excel, PowerPoint)

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside our organization. We’ve built a culture that promotes colleague well-being through robust benefit programs and resources, encourages professional and personal development, and celebrates opportunities to pursue the projects and causes that give colleagues fulfilment outside of 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

To learn more about a career at MMA, check us out online: http://marshmma.com/careers or flip through our recruiting brochure: https://bit.ly/3Qpcjmw

Follow us on social media to meet our colleagues and see what makes us tick:

• https://www.instagram.com/lifeatmma/
• https://www.facebook.com/LifeatMMA
• https://www.linkedin.com/company/marsh-mclennan-agency/

The applicable base salary range for this role is $130,000 to $200,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other wellbeing programs as well as employee assistance programs.

Who you are is who we are.

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.

The applicable base salary range for this role is $90,100 to $167,900.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.