Associate Placement Specialist

Posted 2 Hours Ago
Be an Early Applicant
5 Locations
In-Office
73K-154K Annually
Junior
Fintech • HR Tech • Insurance • Consulting
The Role
Manage international casualty insurance placements by obtaining carrier quotes, negotiating coverage terms, binding programs, and ensuring accurate policy documentation. Build relationships with underwriters, clients, and internal teams; analyze complex multinational risks, develop placement strategies, support renewals and RFPs, and provide coverage recommendations. The role requires casualty insurance expertise, strong analytical and communication skills, and a P&C license or ability to obtain one.
Summary Generated by Built In
Company:Marsh

Description:

Marsh is seeking candidates for our International Associate Casualty Placement Specialist position based in one our office listed. This is a hybrid role and will be in the office 3x per week.


What can you expect?

  • Be an integral member of a world leader’s best in class placement team that delivers expert broking & strategic solutions to help manage risk with confidence
  • Build and maintain relationships with underwriters to manage the placement of insurance programs
  • Make an impact- your work will help people and businesses become more safe, secure and successful and you can create a career that matters
  • Take lead on complex placement/technical support activities on risk management accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required

What is in it for you?

  • Work in an inclusive, collaborative and innovative culture that embraces diversity
  • Exposure to key stakeholders and senior leadership and the opportunity to make strong business connections
  • Tremendous opportunity for long term growth within a dynamic and growing business

We will count on you to:

  • Submit coverage specifications and obtain international casualty quotes from carriers, bind coverage and be responsible for the accuracy of programs bound.
  • Develop strong working relationships with carriers, underwriters, colleagues (both domestic and abroad) and clients.  
  • Possesses strong knowledge of insurance and risk marketplace including financial strength and risk appetite to successfully navigate the nuances of non-U.S. casualty coverage.
  • Prepare client differentiation/marketing message for carriers/underwriters.  Participate in Requests for Proposals (RFP’s), peer reviews and other business opportunities as assigned.
  • Assess the risk management and insurance needs of clients with complex multi-country risk spread across the globe.
  • Utilize risk expertise and industry knowledge, develop international casualty strategies and solutions according to clients risk appetite, unique exposure and loss experience. 
  • Work closely with advisory colleagues to structure and design the appropriate insurance program. 
  • Assume lead responsibility to work directly with foreign casualty underwriters to negotiate and obtain the most comprehensive terms, conditions and cost effective pricing available for the client.
  • Receives and analyzes foreign casualty quotes from carriers and provides analysis and recommendations to Client Team/Client.   Responsible for reviewing, confirming coverage and providing appropriate binding and policy documents to advisory colleagues and/or clients.

What you need to have: 

  • 2+ years industry experience and success working collaboratively in a matrix team environment
  • Casualty Insurance experience a must
  • Strong problem solving including critical thinking and communication skills
  • P&C license, or ability to obtain
  • Bachelors' degree preferred

What makes you stand out:

  • International Casualty experience would be very beneficial in this role
  • Ability to build strong relationships and build rapport with internal colleagues, clients and carriers
  • Self-starter, resourcefulness with the ability to bring solutions and ideas to the firm
  • Being able to be part of a collaborative team and feel that you can make an immediate impact
  • Attention to detail, excellent analytical ability and strong communication skills

Marsh (NYSE: MRSH) is 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, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to 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 require an accommodation during the application or interview process, 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.

Skills Required

  • 2+ years of industry experience working collaboratively in a matrix team environment
  • Casualty insurance experience
  • Strong problem-solving, critical-thinking, and communication skills
  • P&C license or ability to obtain one
  • Bachelor's degree
  • International casualty experience
  • Ability to build strong relationships with colleagues, clients, and carriers
  • Self-starter with resourcefulness and ability to develop solutions and ideas
  • Collaborative teamwork and ability to make an immediate impact
  • Attention to detail and excellent analytical and communication skills

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth — Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength — Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support — Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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