Marsh & McLennan Companies

Insurance Property Broker

Marsh & McLennan Companies

Chicago, IL, USA
Full-TimeDepends on ExperienceMid-LevelHigh school or equivalent
Job Description

Are you a driven and ambitious individual looking for a rewarding career in the insurance industry? We at Marsh & McLennan Companies are seeking a knowledgeable and experienced Insurance Property Broker to join our team. As a Property Broker, you will have the opportunity to work with a diverse portfolio of clients, providing them with tailored insurance solutions to protect their valuable assets. This is a fast-paced and dynamic role that requires strong communication and negotiation skills, as well as a deep understanding of the insurance market. If you are ready to take your career to the next level and have a passion for helping clients mitigate risks, we want to hear from you.

  1. Develop and maintain relationships with clients to understand their insurance needs and provide appropriate solutions.
  2. Analyze and assess clients' risks and assets to determine appropriate coverage and insurance strategies.
  3. Negotiate with insurance carriers to obtain the best terms and conditions for clients.
  4. Stay updated on industry trends and changes in the insurance market to provide accurate and relevant advice to clients.
  5. Prepare and present insurance proposals and recommendations to clients.
  6. Collaborate with other team members and departments to ensure seamless delivery of insurance services to clients.
  7. Manage and maintain client accounts, including renewals, endorsements, and claims.
  8. Adhere to company and industry policies and regulations to ensure compliance.
  9. Attend networking events and actively participate in business development activities to expand the client base.
  10. Continuously strive to improve knowledge and skills through training and professional development opportunities.
  11. Provide exceptional customer service and support to clients, addressing any questions or concerns in a timely and professional manner.
  12. Document all client interactions and maintain accurate records of policies and coverage.
  13. Collaborate with underwriters and other insurance professionals to negotiate and secure competitive insurance rates and terms.
  14. Communicate effectively with clients, colleagues, and insurance carriers to ensure a smooth and efficient insurance process.
  15. Uphold company values and promote a positive and inclusive work environment.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications
  • A Minimum Of 2-3 Years Of Experience In The Insurance Industry, Particularly In Property Insurance.

  • A Bachelor's Degree In A Related Field Such As Business, Finance, Or Risk Management.

  • Strong Knowledge Of Insurance Policies, Regulations, And Market Trends In The Property Insurance Sector.

  • Excellent Communication And Negotiation Skills, With The Ability To Build And Maintain Relationships With Clients And Insurance Carriers.

  • Professional Certifications Such As Certified Insurance Counselor (Cic) Or Chartered Property Casualty Underwriter (Cpcu) Are Preferred.

Required Skills
  • Risk Management

  • Underwriting

  • Market Research

  • Contract Negotiation

  • customer service

  • Policy Analysis

  • Relationship Building

  • Claims Management

  • Risk assessment

  • Client communication

  • Sales Strategy

  • Industry Knowledge

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Insurance Property Broker in Chicago, IL, USA is between $80,000 and $120,000 per year. However, this can vary depending on the specific company, experience level, and other factors. Some property brokers may also receive commission or bonuses on top of their base salary.

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 PostedDecember 5th, 2023
Apply BeforeMay 22nd, 2025
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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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