Property Placement Consultant

Marsh McLennan Agency; Houston (TX); On-site; USD 70,000 - 110,000; Full time

Job summary

Marsh & McLennan Agency in Houston, TX is seeking a Property Placement Consultant to guide the insurance placement process from submission to bind. You will collaborate with the Service Team, review market submissions, and coordinate strategy calls with advisors and clients.

The role requires a Texas P&C license (or ability to obtain), 4–6 years in middle market business insurance, and proficiency with Sagitta and EPIC.

Qualifications

• Licensed as a Texas P&C Agent or able to obtain Texas P&C license.
• 4-6 years of experience in middle market Business Insurance.
• Ability to multi-task and prioritize with minimal direction.
• Proficient with Sagitta, EPIC, Word, Excel and current internet technologies.
• Proactive work style and client-focused approach.
• Ability to learn, analyze and comprehend various lines of insurance.
• Able to service clients effectively through problem solving and diplomacy.

Responsibilities

• Collaborate with the Service Team to complete processes.
• Oversee and manage new business and renewal accounts.
• Maintain timelines to ensure timely processing.
• Serve as main contact for the Service Team during placement.
• Review submissions for accuracy and completeness.
• Familiarize with account details to negotiate effectively.
• Schedule and conduct strategy calls with the Service Team and Advisor.
• Prepare and submit documentation to the insurance market.
• Follow up with markets to ensure progress.
• Negotiate coverage, terms, and pricing; explore creative solutions.
• Review quotes, terms, and conditions for client needs.
• Provide quote comparisons and professional final proposals.
• Create schematics for shared/layered programs.
• Execute bind orders and review binder/invoices for accuracy.
• Understand Agency Management System and document the process.
• Maintain ongoing communication with the Service Team throughout the process.
• Attend Insurance Placement Team meetings and collaborate with colleagues.

Skills

Client communication

Negotiation

Multi-tasking

Tools

Sagitta

EPIC

Word

Excel

Job description

JOB TITLE:

Property Placement Consultant

JOB TYPE:

FLSA Exempt

ESSENTIAL DUTIES & RESPONSIBILITIES:

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.


• Create other presentations as needed.

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

• 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

• 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, EPIC, 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 . #MMASW