Surety Sr. Account Consultant

Company:
Marsh McLennan Agency

Description:

JOB TITLE: Sr. Account Consultant - Surety

JOB TYPE: FLSA Exempt

Responsibilities:

• Manage a portfolio of commercial surety accounts, including new business development and renewal activities.
• Build and maintain strong relationships with clients, understanding their unique surety bond needs and providing tailored solutions.
• Collaborate with underwriters to assess risk, determine bond eligibility, and negotiate terms and conditions.
• Conduct a thorough analysis of client financials and to ensure accurate underwriting and pricing.
• Prepare and present surety bond proposals to clients, addressing their specific requirements and provide clear explanations of terms and conditions.
• Monitor and manage the surety bond renewal process, ensuring timely and accurate renewals.
• Stay updated on industry trends, regulations, and market conditions related to commercial surety bonds.
• Collaborate with internal teams, such as Insurance Account Executives, to provide comprehensive service to clients.
• Maintain accurate and up-to-date client records, including bond information, financials, and communication history.
• Act as a trusted advisor to clients, providing guidance and support throughout the bond process and addressing any concerns or issues that may arise.

Qualifications:

• Bachelor's degree in Business, Finance, or a related field or equivalent industry experience.
• Minimum of five years of experience in the surety industry, with a focus on commercial surety bonds.
• Strong knowledge of commercial surety underwriting guidelines, risk assessment, and bond pricing.
• Proven track record in managing and growing a portfolio of commercial surety accounts.
• Excellent communication and interpersonal skills, with the ability to build rapport and establish trust with clients.
• Strong negotiation and problem-solving abilities.
• Detail-oriented with excellent organizational and time management skills.
• Ability to work independently and as part of a team in a fast-paced, deadline-driven environment.

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.

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