Captive Solutions Account Management Intern - Fall 2026

Posted Yesterday
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Spring Garden, IL, USA
In-Office
Internship
Professional Services • Consulting
The Role
Support account management for a portfolio of captive insurance companies by handling accounting, regulatory compliance, renewals, documentation, and client communications. Assist with drafting contracts, tracking quotes, processing insurance and claims data, and ensuring timely issuance of documents while maintaining records for reporting and audits.
Summary Generated by Built In
Company:Marsh Risk

Description:

Marsh Risk is a global leader in insurance broking and risk management. In more than 130 countries, our 45,000 colleagues work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world. 

Since 1871, clients have relied on Marsh Risk for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth. We are looking for talented professionals to join our team Captive Solutions Team.

The individuals will be responsible for accounting, regulatory compliance and administrative functions for a portfolio of captive insurance companies and other clients.

As an Account Management Coop, on a daily basis, the tasks are:

  • Helps Account Manager review information pertaining to client insurance programs and may help draft insurance and reinsurance contracts.

  • Assists Account Manager to drive business and retention and improve the client experiences throughout the proposal and renewal process.

  • Follows-up regarding endorsements, policy issuance, extensions and cancellations and escalates concerns to direct manager or client team, as appropriate.

  • Supports the renewal cycle by ensuring renewal protocol is completed (via tools available), gathering information, tracking quotes and ensuring documents are issued correctly and on-time in accordance with our professional standards.

  • Maintains proper records for reporting and audit purposes and processes insurance and claims details into the database.

  • Builds and maintains relationships with clients, prospects, client teams and producers to provide best in class service and drive growth and retention.

  • Responds directly to simple client questions and requests, and solicits assistance from Account Manager as needed.

  • Helps ensure all client information is collected, reviewed, updated and communicated to placement team for optimal program solutions and pricing.

As the ideal candidate, you will be working towards the completion of an undergraduate degree in business preferably specializing in accounting. You have experienced preparing financial statements and demonstrated the ability to excel in a fast-paced, team oriented environment and the ability to meet tight deadlines. You combine excellent organizational and prioritization skills with a strong attention to detail. You have outstanding interpersonal skills, confidence and communicate effectively with all levels of the organization and with external clients. Proficiency with MS Excel, Word and Outlook is required.

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, or any other characteristic protected by applicable law. In accordance with applicable legislation, Marsh will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact [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.

Skills Required

  • Pursuing an undergraduate degree in business (preferably accounting)
  • Experience preparing financial statements
  • Ability to work in a fast-paced, team-oriented environment and meet tight deadlines
  • Strong organizational and prioritization skills with high attention to detail
  • Outstanding interpersonal skills and effective communication with all organizational levels and external clients
  • Proficiency with MS Excel, MS Word and MS Outlook
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The Company
HQ: New York, New York
9,026 Employees

What We Do

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].

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