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Executive Risk Coordinator

Company: Assurance Agency Ltd
Location: Schaumburg
Posted on: May 16, 2023

Job Description:

The Executive Risk Coordinator supports the Executive Risk Team by providing support to production teams in the placement of Executive Risk coverages for our clients and prospects. He or she supports the Executive Risk Specialist and the SVP, Executive Risk ensuring the execution of the service platform. - -The Executive Risk Coordinator builds effective, personalized working relationships with production teams and carrier partners by following our 11 best and brightest characteristics. - He or she works closely with the Executive Risk team to answer questions and access and deploy resources. - The Executive Risk Coordinator displays initiative by proactively building knowledge in the Executive Liability marketplace, coverage forms, and the various industries we serve.

  • Collaborates with the SVP, Executive Risk and the Executive Risk Specialist in the placement of executive liability coverages
  • Assists with incoming submissions; reviewing to ensure we have a complete submission before presenting the risk to carrier partners
  • Sets up/organizes the marketing file with the pertinent information needed to complete analysis and placement in the market place
  • Manages policy changes with the carrier on behalf of the service teams by following process and best practice
  • Assists the Executive Risk Specialist with the creation of quote deliverable of proposed coverages to the service team by providing accurate quotes for use in proposals presented to our clients and prospects
  • Builds personalized internal client relationships through demonstrated ownership of the service plan and multiple channels of communication such as phone, email, and in-person meetings
  • Leverages insurance knowledge and communication skills to explain coverage terms, program options, and other items to clients as needed
  • Collaborates with internal departments to ensure cohesiveness and timeliness of service execution
  • Manages time effectively to prioritize workload, client service requests, and service parameters on business processes
  • Remains current on forms, coverage, insurance carriers, industry trends, and legislation


    • Consistently follows client service workflows and appropriately engages internal resources such as process support team, procedure manuals, and reporting tools to ensure efficiency and accuracy of execution
    • Accurately maintains complete client files including all activities, attachments and correspondence
    • Achieves desired levels of data completeness and process integrity by consistently meeting activity timeliness, quality metrics and goals


      • Participates and collaborates as needed in ongoing scheduled meetings with service team to discuss accounts, renewals, and new business
      • Communicates effectively with service teams and provides timely and complete information to allow them to establish positive client relationships and efficiently manage their processes and workload
      • Develops successful and effective working relationships with Producers, Account Executives, service team members, managers, carriers, and members of other departments


        • Upon hire, Producers License for Fire/Casualty or Life/Health, as appropriate for role


          • BS/ BA in Business, Insurance or related field
          • Experience working with agency management systems
          • Proficient skill level in Microsoft Office Suite

            About AssuranceAssurance, a Marsh & McLennan Agency LLC, company, is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the country. Assurance operates as Marsh & McLennan Agency's Midwest regional headquarters. Consistently recognized as a top workplace, Assurance attracts and retains its insurance talent by rewarding expertise and investing in career development. Assurance employees enjoy an award-winning culture that fosters a highly productive and results-driven working environment.
            Services: Business Insurance, Employee Benefits, Financial Services, Private Insurance, SuretyAwards: Assurance is continually named a "Best Place to Work" by leading publications and organizations such as -Fortune -magazine, the National Association for Business Resources, -The Chicago Tribune, -Crain's Chicago Business -and -Business Insurance -magazine (check out all of our -accolades).Culture: Our employees enjoy an environment that fosters success and creativity and provides countless opportunities for growth. We make sure our employees are happy and motivated by offering enviable benefits, rewards programs, celebrations, perks and a few surprises around every corner. Together, it all adds up to a company that develops and retains passionate individuals who deliver superior performance and measurable results to our clients.
            Fun Fact: 31% of Assurance experts agree the best -Saturday Night Live -skit of all time is "More Cowbell".
            Assurance has won over a hundred workplace awards largely due to our intentional and caring approach that begins with meeting our people where they are, celebrating their differences and creating an inclusive environment.
            Assurance is a proud equal opportunity employer. We celebrate diversity and we are committed to equal employment opportunities regardless of age, race, ethnicity, color, religion, creed, sex, sexual orientation, gender identity, gender expression, national origin, marital status or civil partnership/union status, veteran status, citizenship, pregnancy, genetic information, physical or mental disability, or any other status or characteristic protected by federal, state or local law.
            Harassment or discrimination based upon any of the above is inconsistent with our values and will not be tolerated; this includes harassment or discrimination for being associated with or knowing someone that identifies with any of the above.
            Marsh & McLennan Agency (MMA) provides colleagues the freedom to make a career and difference. We encourage you to explore your curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. 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. More than just insurance brokers, we believe that a business culture that supports a healthy, safe work environment does so by offering the right benefits, programs, policies and opportunities to keep employees engaged and productive including: health and welfare, tuition assistance, 401K, employee assistance program, volunteer opportunities, and other programs.

Keywords: Assurance Agency Ltd, Schaumburg , Executive Risk Coordinator, Other , Schaumburg, Illinois

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