Placement Specialist

Posted 3 Days Ago
Be an Early Applicant
Wacker, IL, USA
In-Office
93K-197K Annually
Mid level
Fintech • HR Tech • Insurance • Consulting
The Role
The Placement Specialist will lead operations and logistics for client projects, implement strategies, manage relationships, and advise on market conditions while ensuring compliance and client satisfaction.
Summary Generated by Built In
Company:Marsh

Description:

We are seeking a talented individual to join our team at Marsh as a Placement Specialist. This is a hybrid role that requires working at least three days a week in the office. The successful candidate will lead daily operations from a support and administrative level, coordinating complex logistics and task assignments for client relationship projects while ensuring effective communication and problem resolution.

We will count on you to:

  • Develop and implement placement strategies to meet client needs and achieve growth goals, providing exceptional client service.

  • Facilitate submission of coverage specifications, obtain quotes from carriers, and bind coverage with accuracy and compliance.

  • Build and maintain strong relationships with practice teams, insurance markets, clients, carriers, and underwriters to deliver cohesive client service.

  • Advise clients and internal teams on changing insurance and risk management market conditions, supporting client retention and new business production.

  • Drive senior placement and technical support activities, ensuring procedural compliance, accurate data management, and contract execution.

What you need to have:

  • Significant risk expertise and deep knowledge of the insurance industry and carriers.

  • Experience in placement strategy development and execution.

  • Strong communication skills to advise management and clients on market trends and client issues.

  • Ability to manage complex logistics and coordinate across multiple stakeholders.

  • Proven track record in client service and relationship management.

What makes you stand out:

  • Experience participating in pricing of services and go-to-market strategy development.

  • Familiarity with assist, advise, and assume transaction models.

  • Ability to work collaboratively with senior leadership and client teams to develop innovative solutions.

  • Strong problem-solving skills and proactive approach to client issue resolution.

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 $92,500 to $197,100.

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

  • Significant risk expertise and deep knowledge of the insurance industry and carriers
  • Experience in placement strategy development and execution
  • Strong communication skills to advise management and clients on market trends and client issues
  • Ability to manage complex logistics and coordinate across multiple stakeholders
  • Proven track record in client service and relationship management

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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