About Marsh McLennan Agency Midwest
Marsh McLennan 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. MMA 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.
As a customer focused insurance expert, the Risk Analyst will drive successful policy delivery and service to clients while managing Adventurous Journeys Capital Partners (“AJCP”) property, liability, and construction insurance strategy. This role collaborates with cross-functional teams, including Acquisitions, Development, and Asset Management, to support AJCP’s rapid growth and ensure a cohesive client service experience.
Execution of Client Service
Collaborates with Producers, Account Executives, and service teams to plan, execute, and track customized service strategies for each client
Prepares insurance applications and renewal market submission documentation for property and casualty insurance lines
Builds personalized client-broker relationships through effective communication channels, including phone, email, and in-person meetings
Analyses risk, coverage, and program structure, recommending options and executing coverage changes as needed
Oversees the accuracy of information in client portals and consult with clients on access decisions
Manages the claims process, working directly with brokers and carriers to ensure optimal outcomes for losses
Broker Relationship Management
Conducts independent meetings with brokers to fulfil commitments made in the service strategy
Demonstrates knowledge of state regulations and carrier programs necessary for multi-state placements
Communicates with broker regarding insurance, claims, or administrative issues, acting as a liaison to resolve escalated matters
Prepare insurance applications and renewal market submission documentation for AJCP’S property and casualty insurance lines of coverage
Review policy terms and conditions, coverage, insurance limits and retention levels with the Head of Risk Management to make recommendations in support of the company’s risk management strategy
Manages relationships with third-party service providers including brokers, insurers, and consultants.
Develop, implement, and maintain tools to track COIs and key metrics, including insurable values, replacement cost estimates, annual premiums, key policy terms, etc.
Maintain a database of insurance policies and calendar of policy renewal dates and work across departments to understand timing of projects moving through the various phases of construction to completion
Manage the claims process on behalf of AJCP and work directly with brokers and carriers to ensure optimal outcomes when losses occur
Review contractual insurance requirements and make recommendations on appropriate insurance language to various business units
Work with AJCP department leaders and outside brokers to identify value-add opportunities, including cost efficiencies and ways to realize scale benefits as AJCP grows
Ensure premium invoices are properly coded and submitted for timely payment
Assist with compliance processes, including annual audits and construction audits
Respond to lender, JV, or other stakeholder insurance-related reporting requests
Perform any additional responsibilities that may be required to support AJCP’s rapid growth
Required
Upon hire, Producers License for Fire/Casualty or Life/Health, as appropriate for role
5+ years of relevant experience in a risk or insurance position such as an insurance brokerage firm, insurance carrier, property underwriter or in-house risk manager for a REIT, real estate developer, or other company with significant real estate holdings. Experience with strategic planning and implementation of complex accounts
Preferred
BS/BA in Business, Insurance or related field
CPCU, ARM, CEBS or other professional insurance designation related to discipline
Experience working with agency management systems
Advanced skill level in Microsoft Office suite
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, 401K benefits and more
The flexibility to work at home or an office
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
A company-wide mentality that you can never appreciate your co-workers too much
Who You Are is Who We Are
MMA Midwest has created an award-winning culture largely due to meeting our colleagues where they are, celebrating their differences and building an inclusive environment. We challenge ourselves to create a workplace where our colleagues feel not only welcomed, but feel they belong; where we not only embrace diverse perspectives and opinions but seek them out; and where we ask not how a colleague fits our culture, but what they add to it.
Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.
#MMAMW
#MMABI