Placement Consultant

Marsh McLennan Agency; Houston (TX); On-site; USD 70,000 - 105,000; Full time

Job summary

Marsh & McLennan Agency in Texas is seeking a skilled Insurance Placement Associate to coordinate the end-to-end placement process for new and renewal accounts. You will work closely with the Service Team to submit, negotiate, and bind policies while ensuring accurate market submissions and timely communications.

This role requires 4–6 years of middle-market experience, a Texas P&C license or eligibility, and proficiency with Sagitta, ImageRight, Word, Excel, and internet tools.

Qualifications

• Licensed Texas P&C agent or eligible to obtain license.
• 4–6 years of middle market business insurance experience.
• Able to multi-task and prioritize with little direction.
• Proficient with Sagitta, ImageRight, Word, Excel and internet technologies.

Responsibilities

• Collaborate with the Service Team to ensure processes are completed.
• Act as primary contact for Service Team during the placement process.
• Review submissions for accuracy and completeness.
• Prepare and conduct strategy calls with Service Team/Advisor.
• Submit submissions to the insurance market and follow up.
• Negotiate coverage, terms, and pricing with markets.
• Review quoted exposures, forms, terms, and conditions.
• Provide quote comparisons and final proposals.
• Bind orders and review binder/invoices for accuracy.
• Understand Agency Management System and document the process.
• Maintain ongoing communication with the Service Team.
• Attend Insurance Placement Team meetings and collaborate with colleagues.
• Build strong relationships within the insurance market.

Skills

Multi-tasking

Proactive work style

Problem solving

Client service

Education

Texas P&C license

Tools

Sagitta

ImageRight

Microsoft Word

Excel

Internet

Job description

Collaborate with the Service Team to ensure the following processes are completed

Oversee and Manage the Process:

• Ensure you have a clear understanding of the new business and renewal accounts assigned to you.
• Keep track of all accounts and their respective timelines to ensure timely processing.

Primary Contact with Service Team:

• Act as the main point of contact for the Service Team during the insurance placement process to ensure smooth communication and coordination.

Review Submissions to the Insurance Market:

• Thoroughly review submissions to ensure accuracy and completeness.
• Familiarize yourself with account details to negotiate effectively.

Facilitate Insurance Placement Strategy Calls:

• Schedule and conduct strategy calls with the Service Team and/or Advisor to align on goals and strategies for each account

Submit submissions to market

• Prepare and submit all necessary documentation to the insurance market.
• Follow up with markets in a timely manner to ensure progress

Negotiate Coverage, Terms, and Pricing:

• Engage with the insurance market to negotiate the best coverage, terms, and pricing for your clients.
• Explore creative solutions to meet client needs effectively

Review Exposures, Forms, Terms, and Conditions:

• Carefully review all quoted exposures, forms, terms, and conditions as they are received to ensure they meet client needs.

Provide Quote Comparisons and Proposals:

• Prepare and present quote comparisons to the Service Team and/or Advisor to support decision‑making.
• Generate a professional final proposal with the best recommendation(s) for the client
• Create schematics for shared/layered programs

Bind Orders:

• Finalize and complete bind orders once terms are agreed upon.
• Review binder and invoices for accuracy.

Management Systems

• Understand Agency Management System and document the placement process

Ongoing Communication:

• Maintain ongoing communication with the Service Team throughout the insurance placement process to address any issues or changes promptly.

Teamwork

Act as a collaborative member of the Agency to ensure superior service to all MMA clients. Responsibilities include, but are not limited to:

• Attend Insurance Placement Team meetings as appropriate
• Collaborate with producers/account managers and other placement colleagues on market strategy for accounts
• Communicate the status of the Insurance Placement process and daily correspondence between the company, account executive, client, and producer
• Build and maintain strong working relationships within the insurance market
• Participate in carrier meetings to stay informed about current market conditions and appetites
• Treat clients, prospects, and company employees with courtesy and respect.
• Contribute to development and education of colleagues
• Support other offices/regions as needed

Technical Expertise

Demonstrate the technical expertise required to maintain the Client Insurance Program and lead the insurance placement process, including, but not limited to:

• Analyze insurance quotes and recommend terms and conditions
• Communicate and negotiate with insurance markets through strategy
• Ability to pivot when faced with challenges
• Maintain and develop knowledge of policy forms and endorsements
• Design insurance program for client based on defined needs
• Identify and address any coverage gaps with account service teams and insurance markets
• Become a subject matter expert and resource in areas of interest or technical capability

REQUIREMENTS:

• Must be licensed as a Texas P&C Agent or able to obtain Texas P&C license
• Minimum of 4-6 years of experience in middle market Business Insurance
• Demonstrate ability to multi-task, prioritize work effectively with little to no direction.
• Proficient at Sagitta, ImageRight, Word, Excel, and current internet technologies.
• Demonstrate proactive work style
• Ability to learn, analyze and comprehend various lines of insurance and communications
• Demonstrate ability to service clients effectively through problem solving, appropriate confidentiality, and exercising diplomacy, sensitivity and tactfulness

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. Marsh & McLennan Agency offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://marshmma.com/careers.