Marsh & McLennan Companies

Account Manager - Business Insurance

Marsh & McLennan Companies

Schaumburg, IL, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Welcome to Marsh & McLennan Companies, a global professional services firm dedicated to helping clients navigate the ever-changing risk landscape. We are seeking a talented and motivated individual to join our team as an Account Manager for our Business Insurance division. In this role, you will have the opportunity to work closely with clients, build strong relationships, and develop customized insurance solutions that meet their unique needs. We are looking for a candidate with a strong background in insurance and a passion for delivering exceptional client service. If you are a driven and dynamic individual with a deep understanding of the insurance industry, we want to hear from you. Join us in our mission to protect and empower businesses around the world.

  1. Act as the primary point of contact for clients within the Business Insurance division.
  2. Develop and maintain strong relationships with clients to understand their needs and provide personalized insurance solutions.
  3. Conduct thorough risk assessments for clients and identify potential areas of vulnerability.
  4. Collaborate with internal teams and external partners to deliver comprehensive insurance solutions that meet client needs.
  5. Proactively monitor and analyze industry trends and changes in regulations to ensure clients are adequately protected.
  6. Provide exceptional customer service by promptly addressing client inquiries and concerns.
  7. Conduct regular reviews of client accounts and make recommendations for coverage adjustments as needed.
  8. Prepare and present insurance proposals and reports to clients.
  9. Stay updated on industry developments and continuously improve knowledge of insurance products and services.
  10. Meet or exceed sales targets and contribute to the growth and success of the division.
  11. Maintain accurate and up-to-date client records and documentation.
  12. Adhere to all company policies, procedures, and ethical standards.
  13. Represent the company in a professional and positive manner at all times.
  14. Attend industry events and networking opportunities to promote the company and expand client base.
  15. Collaborate with team members to share knowledge and best practices.
Where is this job?
This job is located at Schaumburg, IL, USA
Job Qualifications
  • Bachelor's Degree In Business Administration, Finance, Or A Related Field.

  • Excellent Communication And Interpersonal Skills, With The Ability To Build And Maintain Relationships With Clients.

  • Minimum Of 3-5 Years Of Experience In Account Management Or Sales Within The Insurance Industry.

  • Strong Knowledge Of Business Insurance Products And Market Trends.

  • Proven Track Record Of Meeting And Exceeding Sales Targets And Managing A Portfolio Of Accounts.

Required Skills
  • Financial Analysis

  • Communication Skills

  • Contract Negotiation

  • Relationship Building

  • Risk assessment

  • Risk Mitigation

  • Business Strategy

  • Market analysis

  • Client management

  • Sales strategies

  • Insurance Policies

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Account Manager - Business Insurance in Schaumburg, IL, USA is $65,000 - $85,000 per year. However, this can vary depending on factors such as the size and type of company, level of experience, and specific job responsibilities. Additionally, bonuses and commission may also play a role in the overall salary for an Account Manager in this field.

Additional Information
Marsh & McLennan Companies is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedFebruary 19th, 2024
Apply BeforeJune 9th, 2026
This job posting is from a verified source. 
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About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.

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