Reinsurance Placement Specialist

Company:Guy Carpenter

Description:

We are seeking a talented individual to join our team at Guy Carpenter. This role will be based in Edina, Minnesota. This is a hybrid role that has a requirement of working at least three days a week in the office.

This role serves as an intermediary between clients and reinsurers, handling the processing of technical transactions while ensuring compliance with contractual obligations, managing timely payment settlements, and securing year-end collateral. Additionally, it involves collaborating with colleagues to drive innovation and improve service delivery.

We will count on you to:

• Act as an intermediary between clients and reinsurers

• Responsible for processing technical transactions (e.g., invoicing and reporting) and ensuring they meet contractual obligations

• Manage the timely settlement of payments and secure year-end collateral

• Collaborate with peers to innovate and enhance service delivery. 

What you need to have:

• 3+ years of experience in reinsurance, claims, or accounting

• Bachelor's degree or equivalent work experience

• Proficiency with Word, Outlook, and Excel

• Strong communication, attention to detail, and problem-solving skills.

What makes you stand out:

• Experience in Pro Rata Reinsurance

• Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls, and general business trends.

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.

At Guy Carpenter, a Marsh business, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career.

Guy Carpenter 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 Guy Carpenter, visit guycarp.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 $61,300 to $103,500.

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.