JobsAccount ExecutiveChicagoAccount Executive - Employee Health and Benefits
Marsh
Posted today · Jobs at Marsh
Account Executive - Employee Health and Benefits
Marsh · Chicago, Illinois, United States · also Schaumburg, Illinois, United States, Louisville, Kentucky, United States, Dayton, Ohio, United States
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In short
The Account Executive is responsible for managing and expanding a book of business by providing creative solutions and expert advice on employee benefit plans. They will lead client service execution, negotiate coverage terms, and maintain strong relationships with both clients and carriers.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
Candidates must have at least 7 years of industry experience with deep knowledge of employee benefits and financial techniques. A bachelor's degree and professional insurance designations are preferred, along with proficiency in agency management systems.
About the employer
Marsh Risk
hiring as Marsh
We help our clients and colleagues grow — and our communities thrive — by protecting and promoting possibility. We seek better ways to manage risk and define more effective paths to the right outcome. We go beyond risk to rewards for our clients, our company, our colleagues, and the communities in which we serve.
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Marsh Risk is a part of Marsh. Together with Mercer, Guy Carpenter, and Oliver Wyman, we help organizations build resilience and competitive advantages from every angle. With annual revenue over $24 billion and more than 90,000 colleagues in 130 countries, Marsh helps build the confidence to thrive through the power of perspective.
- INDUSTRY
- Insurance
- COMPANY
- Public Company
- HEADQUARTERS
- New York, New York
- SIZE
- 10,001+
- OFFICES
- 4 on LinkedIn
- OPEN HERE
- 7 roles
KNOWN FOR
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Questions about this role
- Is this Marsh role remote?
- Tagged hybrid.
- What does it pay?
- The posting lists $97,616–$181,847 a year.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 5-10 years.
The posting, in full
About Marsh Agency Midwest Marsh Agency’s Midwest Region is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the country. We take a client-centric approach that anticipates our client needs, delivers personalized solutions, and builds trusted, long-lasting relationships. Marsh Agency Midwest is consistently recognized as a top workplace, attracting and retaining its insurance talent by rewarding expertise and investing in career development. Colleagues enjoy an award-winning culture that fosters a highly productive and results-driven working environment.
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About Marsh Agency Midwest
Marsh Agency’s Midwest Region is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the country. We take a client-centric approach that anticipates our client needs, delivers personalized solutions, and builds trusted, long-lasting relationships. Marsh Agency Midwest is consistently recognized as a top workplace, attracting and retaining its insurance talent by rewarding expertise and investing in career development. Colleagues enjoy an award-winning culture that fosters a highly productive and results-driven working environment.
A day in the life.
As an Account Executive, you are a leader in the industry and client niches, with a deep understanding of business risks and financial implications. You will take charge of service execution, build a client base, and utilize sales methodologies and resources to effectively manage and expand your clients.
Our future colleague.
We’d love to meet you if your professional track record includes these skills:
- 7+ years industry experience with an in-depth working knowledge of employee benefit plans, current health care trends, and underwriting and financial techniques.
- Establishing the growth and retention strategy for a book of business and monitoring implementation
- Cultivating and expanding relationships with new and existing clients
- Providing needed information, creative solutions and resolution of client issues
- Demonstrating a high level of consistency between words and actions across all business situations. Accepts ultimate responsibility for results
- Preparing submission information as appropriate for the account and coordinating the marketing process
- Marketing and negotiating coverage, terms and premium and fostering carrier relationships
- Demonstrating a broad understanding of insurance coverages, their applicability, various exclusions, and basics of program design, premium rating methods and policy audits
- Visiting clients to discuss renewals and managing account service requirements
- Responding to client on all facets of customer service including coverage review, analysis and recommendations, quoting and securing coverage, and claims assistance with minimal guidance
These additional qualifications are a plus, but not required to apply:
- Life & Health license preferred, or the ability to obtain upon hire
- BS/BA in Business, Insurance or related field
- GBA, CEBS, VBS or other professional insurance designation related to Benefits
- Experience working with Applied Epic, agency management system
- Available to travel to both local and long-distance client meetings as needed
We know there are excellent candidates who might not check all these boxes. Don’t be shy. If you’re close, we’d be very interested in meeting you.
A Great Place to Work. A Great Place to Perk.
Recognized for workplace culture by the likes of Fortune Magazine, The Chicago Tribune and more, our colleagues enjoy an environment that fosters creativity as well as individual and organizational growth. A small sampling of the benefits our colleagues enjoy include:
- Medical, dental, vision, Employer-paid HSA contributions and 401k match and more
- The flexibility to work at home or an office, based on your discretion and schedule, for most positions
- Start with 20 days of paid time off
- Tuition reimbursement and a culture of learning that offers designation/certification support and bonuses
- A paid day off to volunteer and company-organized volunteer events
- Up to $1,000 per year in matching charitable donations
- Up to $750 per year in wellness rewards
- All the nitro cold brew coffee and sparkling water you can drink
- A company-wide mentality that you can never appreciate your co-workers too much
To learn more about a career at Marsh Agency, check us out our website or flip through our recruiting brochure and sales recruiting brochure.
- X
Who you are is who we are.
We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.
Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law.
Marsh and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.
If you require an accommodation during the application or interview process, please let us know by contacting reasonableaccommodations@marsh.com.
#MarshAgencyMW
#MarshAgencyEHB
#LI-Hybrid
The applicable base salary range for this role is $97,616 to $181,847.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
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