Marsh & McLennan Companies

Account Specialist, Business Insurance

Marsh & McLennan Companies

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

At Marsh & McLennan Companies, we believe that strong partnerships are the foundation for successful businesses. That's why we are seeking a highly motivated and experienced Account Specialist to join our Business Insurance team. As an Account Specialist, you will play a crucial role in developing and maintaining relationships with our clients, providing them with customized insurance solutions to protect their businesses. If you are a driven and client-focused individual with a deep understanding of the insurance industry, we would love to hear from you. Join us in our mission to help businesses thrive and grow.

  1. Develop and maintain strong relationships with clients to understand their business needs and provide customized insurance solutions.
  2. Serve as the main point of contact for assigned clients, proactively addressing any questions or concerns they may have.
  3. Conduct thorough risk assessments for clients and recommend appropriate insurance coverage options.
  4. Collaborate with internal teams to ensure timely and accurate delivery of insurance policies and related documents.
  5. Monitor and analyze client accounts to identify potential upsell opportunities and provide recommendations to increase coverage or add additional services.
  6. Stay up-to-date with industry trends and changes in insurance policies to provide clients with relevant and accurate information.
  7. Handle client inquiries and claims, providing timely and efficient resolution.
  8. Collaborate with sales and marketing teams to support business development efforts and generate new leads.
  9. Prepare and deliver presentations to clients on insurance products and services.
  10. Maintain accurate and organized client records and documentation.
  11. Meet or exceed individual and team sales targets.
  12. Continuously seek ways to improve processes and client satisfaction.
  13. Adhere to all company policies and procedures, as well as industry regulations.
  14. Represent Marsh & McLennan Companies in a professional and ethical manner at all times.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications
  • Bachelor's Degree In Business Administration, Finance, Or A Related Field.

  • Minimum Of 3-5 Years Experience In A Similar Role In The Insurance Industry.

  • Strong Knowledge Of Commercial Insurance Products And Coverage.

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

  • Proven Track Record Of Meeting Sales Targets And Driving Revenue Growth.

Required Skills
  • Data Analysis

  • Time Management

  • Negotiation

  • customer service

  • Policy Analysis

  • Claims Management

  • Risk assessment

  • Team collaboration

  • Client Relations

  • Problem-Solving

  • Insurance Knowledge

  • Sales Techniques

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 Specialist, Business Insurance in Chicago, IL, USA is between $55,000 and $80,000 per year. This may vary depending on the size and type of the company, as well as the specific responsibilities and experience of the individual. Additionally, factors such as bonuses, commissions, and benefits may also impact the overall salary range.

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 BeforeAugust 19th, 2025
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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