Placement Consultant at MMC in Dallas, Texas

Job Description:

JOB TITLE: Placement Consultant



JOB TYPE: FLSA Exempt



REPORTS TO: Director of Commercial Marketing



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

Complete Bind Orders:

• Finalize and complete bind orders once terms are agreed upon.

Management Systems

• Maintain 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


• Utilize carrier online rating programs, as necessary.


• 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 and prioritize work effectively


• Proficient at Sagitta, ImageRight, Word, Excel, and current internet technologies.


• Demonstrate proactive work style


• Ability to learn, analyze and comprehend various business lines of insurance.


• 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: http://marshmma.com/careers.


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