Specialist II - Broking

Posted 16 Days Ago
Be an Early Applicant
Wacker, IL, USA
In-Office
175K-275K Annually
Senior level
Professional Services • Consulting
The Role
Manage client relationships for medium-to-large broking transactions, analyze risk and financial statements, design innovative insurance and surety solutions, oversee contract/bond reviews, contribute to internal knowledge sharing, and participate in revenue and budget planning.
Summary Generated by Built In
Company:Guy Carpenter

Description:

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

As a Senior Vice President (SVP) in Broking, you will manage overall interaction with clients in medium to large client transactions. You will utilize your knowledge of client industries to analyze risk reports and develop innovative approaches to meet complex client needs, articulating the value to clients. You will contribute to the firm’s body of knowledge through active internal communication, helping colleagues better serve clients. Building and solidifying strong relationships with insurers, reinsurers, clients, and colleagues will be key, as well as leveraging specialists across the firm to deliver best-in-class solutions.

We will count on you to:

  • Manage overall client interactions in medium to large transactions, ensuring client needs are met with innovative solutions.
  • Analyze risk reports using industry knowledge and articulate value propositions to clients.
  • Build and maintain strong relationships with insurers, reinsurers, clients, and internal colleagues.
  • Contribute to internal knowledge sharing to enhance client service capabilities.
  • Oversee responses to client queries and concerns, ensuring timely and complete resolution.
  • Participate in revenue and budget processes with the management team.
  • Review and clarify contract documents, bond forms, and banking terms and conditions.
  • Guide clients on General Agreement of Indemnity terms for surety transactions.
  • Review financial statements across industries, applying specific industry financial metrics.

What you need to have:

  • Extensive experience managing client relationships in broking or related insurance services.
  • Deep understanding of coverage lines, insurance markets, and specialized products.
  • Strong analytical skills with the ability to interpret financial statements and risk reports.
  • Proven ability to develop innovative client solutions and generate revenue.

What makes you stand out:

  • Experience in revenue and budget planning processes.
  • Expertise in surety transactions and indemnity agreements.
  • Strong internal communication skills to contribute to firm knowledge sharing.

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 $175,000 to $275,000.

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

  • Extensive experience managing client relationships in broking or related insurance services.
  • Deep understanding of coverage lines, insurance markets, and specialized products.
  • Strong analytical skills with the ability to interpret financial statements and risk reports.
  • Proven ability to develop innovative client solutions and generate revenue.
  • Based in Chicago, IL (role location).
  • Hybrid work with at least three days per week in the office.
  • Experience in revenue and budget planning processes.
  • Expertise in surety transactions and General Agreement of Indemnity terms.
  • Strong internal communication skills to contribute to firm knowledge sharing.
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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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