Business Development Executive - Private Client Insurance

Marsh McLennan Agency; San Francisco (CA); Hybrid; USD 93,100 - 173,400; Full time

Benefits offered by this job

Generous time off

Tuition reimbursement

Health and welfare benefits

Stock purchase opportunities

Job summary

Marsh McLennan Agency is seeking a Business Development Executive for Private Client Services in San Francisco. This role involves developing new business across regions, where you’ll lead sales calls and presentations, and perform market research to pursue key opportunities.

The successful candidate will need a Broker License, ideally a Bachelor's degree, and a minimum of five years' relevant experience in the insurance industry. The role offers hybrid work and a comprehensive compensation package.

Qualifications

• Broker License is required.
• Minimum of five years’ experience in new business development.
• Proven experience in individual and group insurance products.

Responsibilities

• Complete sales calls and presentations to manage a portfolio.
• Utilize networks and research to generate interest from potential accounts.
• Conduct market research to identify opportunities.
• Collaborate with stakeholders and attend industry conferences.

Skills

Business Development

Sales presentations

Market research

Client Account Management

Education

Bachelor's degree

Job description

Job Overview

Business Development Executive – Private Client Services National at Marsh McLennan Agency (MMA). This role focuses on developing new business across multiple regions, conducting sales calls, presentations, and market research to identify and pursue key opportunities.

About the Company

Marsh McLennan Agency (MMA) offers business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals. With 170 offices across North America, MMA combines the personalized service model of a local consultant with the global resources of Marsh (NYSE: MRSH).

Key Responsibilities

• Consistently complete sales calls and presentations to cultivate and manage a portfolio of potential accounts.
• Utilize existing networks, lead lists, and research insights to generate interest from small and nuanced potential accounts.
• Conduct in‑depth, targeted market research and maintain competitive awareness to identify opportunities.
• Collaborate with internal and external senior stakeholders and senior colleagues in specialized markets.
• Serve as a member of professional and industry organizations, attending conferences to expand professional network.

Qualifications

• Broker License.
• Bachelor’s degree strongly preferred.
• Minimum of five years’ experience with new business development, ideally with large group insurance experience.
• Proven insurance industry experience with individual and group insurance products.

Benefits & Compensation

• Base salary range: $93,100 to $173,400, determined by experience, skills, training, location, certifications, education, and any applicable minimum wage requirements.
• Performance‑based incentives potential.
• Generous time off, including personal and volunteering.
• Tuition reimbursement and professional development opportunities.
• Hybrid work.
• Charitable contribution match programs.
• Stock purchase opportunities.
• Health and welfare benefits, 401(K) savings, and employee assistance programs.

EEO Statement

Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.