Associate Placement Specialist

Company:Marsh Risk

Description:

Marsh is seeking candidates to join our Casualty Healthcare Placement team based in our New York or Chicago office location. This is a hybrid role that has a requirement of working at least three days a week in the office.

What can you expect:

• Work alongside a senior placement broker to assist in all aspects of a client’s insurance program including the development of a renewal strategy; ensuring a completed submission and sending to market; negotiating broad coverage terms; documenting all placement activities to ensure timely follow up by client, carriers and client team.

• Build relationships within your team, colleagues, insurance markets, clients, carriers and/or underwriters to provide cohesive client service.

We will count on you to:

• Consult management on complex client issues or trends through clear and concise communication and participate in development of solutions

• Ensure client renewal transactions are compliant with professional standards.

• Assist in special projects within team.

• Consult with client executives and client teams to support client retention and new business production

• Assist in submitting coverage specifications and policy management for follow up with underwriters and client team to provide cohesive client service.

• Input placement data into system within specified timeframes and accurately.

• Complete first check of policy and confirm policy language to support policy renewal process.

• Inspect the binding of coverage and is responsible for the accuracy of placement binders

• Work towards:

  • A solid knowledge of market risk issues, insurance brokerage, account management, servicing and sales skills

  • A detailed understanding of changing insurance and risk management market conditions

What you need to have: 

• College degree

• Insurance industry experience preferred

• P & C licensed preferred, OR able to obtain within 12 months of employment

• Proficiency in Microsoft Office applications (e.g., Word, Excel, Power Point, Outlook) and the ability to learn proprietary applications/databases

What makes you stand out:

• Ability to work in teams and cultivate relationships.

• Analytical thinker and problem solver.

• Intellectual curiosity and a growth mindset

• Demonstrated leadership skills or has taken initiative within school, work and/or community

• Ability to handle multiple priorities in a fast-paced team environment

• Strong ability to forge relationships

• Attention to detail

• Strong organizational/multi-tasking skills

• Excellent oral and written communication 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, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected].

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.

The applicable base salary range for this role is $72,500 to $154,300.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.