Senior Placement Specialist

Posted 2 Hours Ago
Be an Early Applicant
New York, NY, USA
In-Office
154K-328K Annually
Senior level
Professional Services • Consulting
The Role
Lead placement strategy and broking for complex insurance programs, build underwriter and client relationships, design innovative coverages, manage policy delivery and commissions, present RFPs, and monitor market conditions to inform clients and internal teams.
Summary Generated by Built In
Company:Marsh

Description:

Marsh is seeking candidates for our open Senior Placement Specialist position based in our NYC office. This is a hybrid schedule and will be in the office 3x per week.

What can you expect:

  • Becoming a member of Marsh's best in class Placement team who delivers expert broking & strategy solutions to help manage risk with confidence.

  • In this Sr. Placement Specialist role, you will develop an understanding of the clients' business strategic priorities, risk strategies and risk management needs to help provide knowledge and advice to complex clients.

  • Builds and maintains relationships with underwriters, and is involved in the placement of sophisticated insurance programs

  • Helps identify the need for new products and develops innovative solutions for clients.

  • Completes policy management activities and delivery of reviewed policy to client and helps address client inquiries as necessary.

  • Delivers technical expertise in the delivery and presentation of RFP’s

What's in it for you?

  • Gain exposure to key stakeholders and have the ability to make strong business connections.

  • An opportunity for long term growth within a dynamic and growing business unit.

  • Ability to make an immediate impact to support our book of business and growth of the organization.

  • Exceptional benefits, great time off and additional perks that come with working at Marsh.

We will count on you to:

  • Instruct placement strategy by utilizing risk expertise and knowledge of industry and carriers to develop placement solutions that meet complex client needs.

  • Develop methods for the go-to-market strategy and provides input on pricing of services supporting client retention and new business production.

  • Guide strong working relations with carriers and or underwriters to create innovative approaches to unique client needs and provide cohesive client service.

  • Audit and finalizes commission structure with underwriter in accordance with client direction and agreement.

  • Achieve a thorough understanding of changing insurance, risk market conditions, and informs client teams, clients and carriers of major developments affecting various types of coverage.

  • Applies advanced knowledge to the firm’s product lines by active participation in internal networks.

  • Devise new products and innovative solutions that address complex client needs.

What you need to have:

  • 10+ years industry experience

  • Excess Casualty experience a must

  • P&C license a must, or ability to obtain

  • Bachelors' degree preferred

What makes you stand out?

  • Ability to build strong relationships and build rapport with internal colleagues, clients and carriers.

  • Self-starter, resourcefulness with the ability to bring solutions and ideas to the firm.

  • Being able to be part of a collaborative team and feel that you can make an immediate impact.

  • Having an interest in how you fit in with achieving the practice’s goals and an interest in how to meet those goals.

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 $154,200 to $328,400.

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

  • 10+ years industry experience
  • Excess Casualty experience
  • P&C license or ability to obtain
  • Bachelor's degree
  • Ability to build strong relationships with colleagues, clients, and carriers
  • Self-starter with resourcefulness and solution-oriented mindset
  • Collaborative team player able to make immediate impact
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The Company
HQ: New York, New York
9,026 Employees

What We Do

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].

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