Placement Specialist – Business Insurance
Our not-so-secret sauce.
Award-winning, inclusive, Top Workplace culture doesn’t happen overnight. It’s a result of hard work by extraordinary people. The industry’s brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can make your mark as a Placement Specialist at MMA.
Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With offices across North America, we combine the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh McLennan (NYSE: MMC).
A day in the life.
As our Placement Specialist on our Business Insurance team, you’ll provide support to the marketing operations within the Dakotas offices, ensuring the retention and acquisition of quality clients. Additionally, you’ll be responsible for preparing submissions for our carrier partners, preparing client presentation materials and ensuring complete and consistent documentation in system of record.
- Review submissions from Service Team to ensure necessary information is received
- Prepare draft submission documents and finalize submissions for delivery
- Review quotes against specifications and develop side-by side comparisons
- Record and maintain all information accurately on the appropriate systems
- Prepare program proposals, review program binders for accuracy against quotes, complete file reviews, and assist marketing team with bind orders to carriers
- Participate in regular marketing meetings with team members to discuss and review marketing opportunities for both new and renewal business
- Work with producers and service staff in the day-to-day marketing of new & renewal commercial lines business
- Collect, Distribute and Track Agency Performance with Carrier Partners
- Keep team informed of carrier personnel, underwriting and appetite changes
- Participate in prospect and client calls and provide expertise with producers
- Provide direct customer service to the client on accounts
- Gather information and analytics to assess and evaluate client risks in order to support the placement of client risks into the market
- Ensure that quality and compliance procedures and processes are adhered to
- Participate in discussions on renewal strategy and gather renewal information from client
- Become efficient in online rating with the carriers, and be the point person for online rating with the marketing team
Our future colleague.
We’d love to meet you if your professional track record includes these skills:
- Bachelor’s degree in business or related field
- Property and casualty coverage and risk management knowledge
- Strong interpersonal and sales-related skills in dealing with Producers, Client Executives, Carriers, and Clients
- Must have the ability to work under pressure and multi-task
These additional qualifications are a plus, but not required to apply:
- Insurance placement & marketing experience
- Property & Casualty License
We know there are excellent candidates who might not check all of these boxes. Don’t be shy. If you’re close, we’d be very interested in meeting you.
Valuable benefits.
We value and respect the impact our colleagues make every day both inside and outside of work. Our culture promotes colleague well-being through robust benefits programs and resources, professional and personal development opportunities, and fulfillment through meaningful work.
Some benefits included in this role are:
- Generous time off, including personal and volunteering
- Tuition reimbursement and professional development opportunities
- Hybrid work
- Charitable contribution match programs
- Stock purchase opportunities
To learn more about a career at MMA, check out our website or flip through our recruiting brochure.
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Who you are is who we are.
We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.
Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.
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Skills Required
- Bachelor's degree in business or a related field
- Property and casualty coverage and risk management knowledge
- Strong interpersonal and sales-related skills when dealing with producers, client executives, carriers, and clients
- Ability to work under pressure and multitask
- Insurance placement and marketing experience
- Property and Casualty license
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.
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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.
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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.
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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
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.
