Placement Support Specialist

Posted 3 Hours Ago
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Lower Place, London, England, GBR
In-Office
Entry level
Fintech • HR Tech • Insurance • Consulting
The Role
Provides operational and placement support to insurance broking and client servicing teams. Responsibilities include maintaining placement documentation and records, supporting insurer and internal stakeholder collaboration, monitoring SLAs and KPIs, contributing to process improvements, preparing reports, and participating in projects. Requires insurance operations experience, organizational and analytical skills, insurance process knowledge, and strong communication. Lloyd’s market knowledge and Acturis experience are preferred.
Summary Generated by Built In
Company:

Description:

We are seeking a talented individual to join our Commercial Team at Marsh McLennan as a Placement Support Specialist. In this role, you will provide operational and placement support to our placement broking and client servicing teams, helping to deliver efficient, high-quality service to clients and insurers. You will contribute to continuous improvement across processes, support stakeholder engagement, and help ensure service delivery meets team and business objectives.

We will count on you to:

  • Drive operational support for management teams and processes, supporting continuous improvement in efficiency and quality within the team.

  • Contribute to the achievement of Operations team Service Level Agreements (SLA), Key Performance Indicators (KPI), and business objectives.

  • Act as focal point for operational and technical expertise for placement and client servicing teams

  • Maintain a basic understanding of the core aspects of relevant insurance products and related legislation.

  • Lead and/or participate in projects working in partnership with placement and the wider business on identified initiatives and complex issues

  • Support the placement process by assisting with market documentation, and maintenance of accurate records of quotations, terms, and conditions.

  • Work closely with internal placement and client servicing teams and insurers to help deliver effective placement outcomes and excellent service.

What you need to have:

  • Experience in Insurance operations is essential

  • Strong organizational skills with the ability to manage multiple priorities and meet deadlines.

  • Good analytical skills with the ability to interpret information and prepare clear reports or presentations.

  • A basic understanding of insurance processes, products, and relevant legislation.

  • Excellent communication and collaboration skills.

What makes you stand out:

  • Previous experience supporting operational teams, projects, or stakeholder initiatives.

  • An understanding of the Lloyds market and processes

  • A proactive approach to improving processes, efficiency, and service quality.

  • Experience of the Acturis system

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 make 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.

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 embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [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

  • Experience in insurance operations
  • Strong organizational skills and ability to manage multiple priorities and deadlines
  • Good analytical skills, including interpreting information and preparing reports or presentations
  • Basic understanding of insurance processes, products, and relevant legislation
  • Excellent communication and collaboration skills
  • Experience supporting operational teams, projects, or stakeholder initiatives
  • Understanding of the Lloyd's market and processes
  • Proactive approach to improving processes, efficiency, and service quality
  • Experience with the Acturis system

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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