Placement Manager

Company:Mercer

Description:

We are seeking a talented individual to join our Placement team at Mercer Marsh Benefits. This role will be based in Philippines. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Placement Manager will play a crucial role in matching clients' insurance needs with appropriate carrier coverage by utilizing market practices, pricing, and underwriting policies.

We will count on you to:

• Prepare Terms of Reference (TOR) of benefits to be used for Request for Proposals (RFP) for new and existing clients
• Secure and compare submission of bids by the insurers and HMO providers
• Handle the negotiation with the insurers and medical providers on behalf of clients
• Possess technical insurance knowledge on life insurance products
• Run analytics and evaluate clients' insurance programs to provide tailored solutions.
• Cultivate a thorough understanding of insurance markets to enhance client service.
• Prepare proposal components for Client Relationship Managers (CRM) and Sales Professionals (SP)for both existing and new clients to support winning new business opportunities.

What you need to have:

• A few years of experience in insurance placement or a related field.
• Strong analytical skills and the ability to evaluate insurance programs effectively.
• Excellent communication skills to coordinate with CRMs and SPs

What makes you stand out:

• Familiarity with market practices, pricing, and underwriting policies.
• Experience in negotiating with insurance carriers.
• A proactive approach to problem-solving and a willingness to learn from senior team members.

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 an 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.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.Marsh McLennan is committed to creating 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.

Marsh McLennan 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 McLennan 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.