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Account Executive, NY Construction Team (#MMANE)

US012 Marsh & McLennan Agency LLC
Melville, NY Full Time
POSTED ON 1/15/2025
AVAILABLE BEFORE 4/10/2025

Description :

Account Executive, NY Construction Team

The Account Executive is responsible for exceeding our Retention Goals and preventing E&O exposure by implementing the MMA-NE Service and Operational standards. This client-facing role requires building strong relationships with clients, intermediaries, and the insurance marketplace. The position involves interacting with clients, intermediaries, insurance markets, accounting, marketing, claims, loss control, and management to provide exceptional service. The Account Executive must maintain accounts proactively and collaborate professionally with producers, team members, and office staff. They possess a high level of expertise, can work independently, and are expected to provide supervision, assistance, leadership, and development to junior staff members.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Client interface at pre-renewal / stewardship, renewal proposal presentation, claim review and loss control meetings.
  • Carry out Service Calendar tasks.
  • Fully utilize MMA-NE resources, MMC and MMA Benchmarking, Risk Mapping and other Data Analytics tools .
  • Directly responsible for client contract review program.
  • Participate in the coordination of loss control, risk management, and Exposure Analysis services.
  • Trending and loss development analysis.
  • Interact with Insurance Carriers.
  • Carry out ongoing client service functions, including, but not limited to : Trending and loss development analysisContract reviewDraft Stewardship presentationReview ModMaster calculations Draft proposals and presentationsDirectly responsible for MMA-NE coverage standards and identifying any coverage deficiencies.Transmission of information to clients and insurance companies.Finalize and present Stewardship report.Review ModMaster calculations with Client.Finalize new / renewal proposals, charts and presentations.Ensure coverage standards and identify coverage deficiencies .Renewal Checklist ProceduresBinding Checklist ProceduresPolicy AuditsWC Dividend calculationsWC Retro LOC Loss Fund AdjustmentsSupervise billing and invoicing to include Bi monthly aging and discrepancy reports Transmission of information to clients and insurance companiesSupervise policy EndorsementsHigh level review of Certificates of Insurance issues
  • Working as directed with outside vendor services
  • Other duties assigned

QUALIFICATIONS

  • 10 years of insurance brokerage experience, ideally in a client servicing role.
  • Must have multiple years of experience working with New York Construction industry clients.
  • Must possess an active Property & Casualty Agent’s / Broker’s license.
  • Must be well organized with excellent math, written and oral communication skills and also possess strong technical skills.
  • High School Diploma required. A college degree in Business Administration, Risk Management, Finance, Insurance or other relevant program highly preferred.
  • Must be proficient with Microsoft Office (Word, Excel, PowerPoint)
  • 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
  • Tuition reimbursement and professional development opportunities
  • Hybrid work
  • Charitable contribution match programs
  • Stock purchase opportunities
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