Placement Consultant

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

• Oversee and Manage the Process:
  • Understand the new business and renewal accounts assigned to you.
  • Keep track of all accounts and their 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.

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

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

• 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, Image Right, 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: