Surety Account Executive

Job description

Company: Marsh McLennan Agency Description: Bonds/Surety Insurance Account Executive Summary: The primary focus of the Account Executive is to provide technical support to Client Executives and to clients in maintaining Business Insurance policies in accordance with the objectives and procedures outlined by the Director, Client Services. Essential Duties & Responsibilities: - Process paperwork for new and renewal business to include: - Expiration Lists - Applications - Binders - Riders and Consents of Surety - Indemnity Agreements - Preparation of surety bonds (bid, performance, payment, and various Business Insurance bonds) - Invoices - Letters of Bondability - Perform account and premium reconciliation. - Coordinates underwriting requests with insurance company and client - Assists in obtaining bond approvals and authorizations from insurance carrier - Maintain client files. - Image files into electronic file keeping system. - Document files with action items and their completed status. - Participate in Errors & Omission audits - Reviews client accounting history, responds to accounting inquiries, corrects discrepancies, and contacts client on receivable collections; - Provides t...