Assistant Vice President

Company:Marsh

Description:

We are seeking a talented individual to join our Employee Health & Benefits team at Marsh Risk India, a Marsh business. This role will be based in Chennai. This is a hybrid role that has a requirement of working at least three days a week in the office.

Assistant Vice President – Employee Health & Benefits

We will count on you to:

• Prepare and present detailed reports and presentations to clients, showcasing findings and recommendations.

• Build and maintain strong relationships with clients, acting as a trusted advisor and point of contact.

• Stay updated on industry trends, regulatory changes, and best practices to provide informed guidance.

• Conduct comprehensive market research and analysis to identify trends, opportunities, and risks for clients.

• Develop and implement strategic plans tailored to client needs, ensuring alignment with their business objectives.

• Benchmark survey data for client plans, summarize and validate reviewed information.

• Collaborate with cross-functional teams to deliver integrated solutions that address client challenges.

• Support business development efforts by identifying potential clients and contributing to proposal development.

• Identify opportunities to cross sell products and services to current clients.

• Participate in prospecting opportunities with new clients aiding the sales team.

• Collaborate with other teams such as "EB Practice", "Placement" for Client RFP, Plan Renewal and Implementation processes.

• Identify and understand negotiable elements of underwriting calculations for all lines of coverage.

• Contribute to the development of new value proposition, products, tools and approaches.

• Support the Flexible benefits function and spearhead the consulting for the same for Chennai region.

• Support the OPD function and spearhead the consulting for the same for Chennai region.

What you need to have:

• 10+ years of experience in insurance industry, insurance broking or TPA.
• Ability to manage diverse client Cultures of Indian Corporate, MNC Corporation and PSU clients.
• Domain knowledge preferred.
• MBA from a reputed B – School/Post Graduate with industry experience in Insurance Sector

What makes you stand out?

• Proven Leadership skill traits (elected leader in community, school & college). Background of having leadership role.
• Strong Analytical skills
• Attention to detail
• Good Networking skills and Relationship Management skills.
• Strong Communication / Presentation skills

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.