Commercial Insurance Market Specialist - R_287948-6153

MMC • Orland Park, IL • 8h ago

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12807091 **Commercial Insurance Market Specialist

Our not-so-secret sauce.**

Award-winning, inclusive, Top Workplace culture doesn\'t happen overnight. It\'s a result of hard work by extraordinary people. More than 11,000 of 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 thrive as a Marketing Analyst at Horton, a Marsh McLennan Agency (MMA).

MMA provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With 200 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).

What You Do

Maintain current and relevant knowledge of the insurance marketplace

and act as an internal market resource and liaison. Meet with carriers to learn of new products, appetites and service enhancements. Build strong and mutually beneficial relationships with carriers and wholesalers.

Meet with the account team to evaluate account needs and select

appropriate markets. Act as a consultant to the team to offer up to date market intelligence on products and services, programs, carrier appetites and guide the marketing strategy for assigned accounts. Provide creative solutions for coverage placement.

Evaluate risks and determine appropriate coverage and pricing terms

to meet client needs. Discuss risks with relevant markets to gauge interest. Create specifications in appropriate systems and order submission creation within agreed upon service levels time frames.

Control and oversee the submission process. Review drafts of

submissions until all corrections and updates have been addressed. Ensure that all current term policy changes occurring during the renewal cycle are captured in submissions.

Send submissions to selected markets. Follow up quotes. Answer

questions and obtain additional information required by underwriters to generate quotes. Negotiate best terms and prices on behalf of clients and favorable commissions on behalf of the agency.

Obtain revised and final quotes. Compare and evaluate quotes in

conjunction with the account team. Select those suitable for presentation to clients.

Order proposals within service level time frames. Provide all

information necessary for the completion of the proposal. Review and order final corrections and revisions to the template. Approve final version. Give instructions for the assembly of proposals as needed, including additional inserts, exhibits, brochures, reports, etc.

Document all marketing activities in accordance with established

procedures so that all account stakeholders can access status reports.

Order binders from winning markets and alert losing markets of

outcome of proposal meetings in a manner that will enhance and demonstrate respect that will foster continued good market relationships. Alert internal service teams about orders to bind. Update all systems to document and finalize marketing cycle.

Perform other duties as requested, including exercising discretion

and judgment in prioritizing workload.

Your Education and Experience

Required

Property and Casualty License must be obtained within 75 days of the

first day of New Hire Onboarding

Demonstrate commitment to continuous learning by advancing insurance

knowledge via training and obtaining insurance designations

Must maintain current intel on insurance markets in general and

specifically to provide a competitive advantage

Excellent negotiation and relationship management skills

At least five years of similar experience

Must have strong commercial lines technical and market knowledge.

Must understand a broad range of coverage and risk alternatives.

Highly proficient with Microsoft Word and Excel

Applied Systems - Epic agency management system experience preferred

Extremely organized

A strong sense of urgency with a strong attention to detail & follow

through

Must be able to work independently on a team and under pressure

Analytical-technically oriented

Strong attention to detail and follow through

The employee is responsible for adherence to the stated expectations

of the E&O Plus Quality Management Program

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

Tuit

MMC

Go to Apply

Share this job

Similar Jobs

Accounting Assistant

Robert Half • Downers Grove, IL • 3d ago

Finance & Accounting

Description We are looking for a detail-oriented Accounting Assistant to join our team on a contract basis in Downers Grove, Illinois. In this role, you will play a crucial part in ensuring the accuracy and efficiency of...

3d ago

Go to Apply

Merchandising Finance Coordinator

Ace Hardware • Oak Brook, IL • 4d ago

Finance & Accounting

Compensation Details: $23.89 - $29.90 per hour Why should you join our team? We live our values - W.E.L.I.G.H.T (Winning, Excellence, Love, Integrity, Gratitude, Humility, and Teamwork). Gratitude. Humility. Love. You do...

4d ago

Go to Apply

Tax Sr. - Corporate

Robert Half • Oak Brook, IL • 5d ago

Finance & Accounting

Description We are seeking an experienced Tax Supervisor to join our growing firm. In this vital role, you will oversee tax preparation, review, and consulting services, mentor junior staff, and work closely with clients...

5d ago

Go to Apply

Business Insurance Senior Client Service Representative - R_305442-6153

MMC • Orland Park, IL • 6d ago

Finance & Accounting

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12795363 **Senior Client Service Representative Our not-so-secret sauce.** Award-w...

6d ago

Go to Apply

Business Insurance Senior Client Service Representative - R_305442-6153

MMC • Orland Park, IL • 6d ago

Finance & Accounting

6d ago

Go to Apply

Mortgage Banker

Peoples Bank • Orland Park, IL • 6d ago

Finance & Accounting

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12798092 We have exciting opportunities for a Mortgage Banker in Southwest Chicago...

6d ago

Go to Apply

Accounting Manager - j3p5fk6dnc-5085

The HEICO Companies, LLC • Downers Grove, IL • 6d ago

Finance & Accounting

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12795399 The Company Stenograph LLC is a world leader in the court reporting indus...

6d ago

Go to Apply

Relationship Banker - Chicago Far South Market - Frankfort, IL

JPMorgan Chase • Frankfort, IL • 1w ago

Finance & Accounting

You have a passion for helping customers, building relationships, and delivering extraordinary customer service. You are energetic and enthusiastic as the face of Chase to our retail branch customers. From a personal sta...

1w ago

Go to Apply

Senior Accountant

Robert Half • Oak Brook, IL • 1w ago

Finance & Accounting

Description We are looking for an experienced Senior Accountant to join our team in Oak Brook, Illinois. This role is ideal for a detail-oriented individual with a strong background in accounting and a passion for ensuri...

1w ago

Go to Apply

Staff Accountant

ManpowerGroup • Alsip, IL • 1w ago

Finance & Accounting

Our client, a leading player in the agricultural industry, is seeking a Staff Accountant to join their team. As a Staff Accountant, you will be part of the Finance Department supporting the Accounting Manager and other k...

1w ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.