Marsh McLennan

Associate II - Placement

Marsh McLennan$83K — $133K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of placement support experience in insurance, especially in construction
  • Knowledge of insurance markets with the ability to apply risk management expertise
  • Proven strong communication abilities to work effectively with clients and colleagues
  • Ability to maintain detailed and accurate entries in placement systems
  • High competency in digital tools including MS Office Suite, particularly Word and Excel

Responsibilities

  • Review and process new project applications, providing indications, quotes, and reports
  • Bind insurance coverage and ensure accuracy in policy documentation
  • Manage extensions and final adjustments for ongoing project placements
  • Develop expertise with underwriting authority and requirements
  • Maintain quality controls to check and ensure accuracy of work
  • Build and sustain relationships with internal teams and insurance markets
  • Investigate account queries and escalate complex items to team leaders

Benefits

  • Professional development opportunities to advance your career
  • Engaging and diverse work environment
  • Supportive leadership fostering collaboration and innovation
  • Broad range of career paths within the company
  • Comprehensive benefits to enhance overall well-being
Full Job Description
We are seeking a talented individual to join our Construction Placement team at Marsh. This role would be based in Toronto or Vancouver or additional locations. This is a hybrid role that has a requirement of working at least three days a week in the office, in line with Marsh's hybrid working approach. In this role, you will support the underwriting and delivery of construction project portfolio solutions that meet client needs by partnering closely with client teams and insurance markets. You will apply strong technical underwriting knowledge and contribute to retention and new business outcomes through accurate, timely, and compliant placement activity. We will count on you to: • Review and process new project applications and issue indications, quotes and reports as required. • Bind coverage and be responsible for the accuracy of policy documentation and transmittal • Manage extensions and final adjustments for ongoing project placements. • Develop proficiency with delegated underwriting authority and underwriting requirements. • Maintain quality controls and checking work for accuracy. • Create and maintain relationships with internal client service teams and insurance markets to provide cohesive client service. • Investigating and reconciling account queries. • Raising complex items to team leaders. What you need to have: • Experience supporting placement activities, including submissions, marketing to carriers, and binding coverage, with strong attention to detail and accuracy. • Knowledge of insurance markets/carriers and the ability to apply risk and industry expertise to develop appropriate placement solutions. • Strong communication skills to interface closely with client executives and client teams in support of retention and new business production. • Ability to follow placement procedures and maintain accurate placement system entries. • High level of digital literacy, focusing on MS Word, Excel, Outlook and Teams. What qualifications are necessary to have for the role? • Demonstrated ability to drive placement/technical support activities across all placements (e.g., procedural compliance, reviewing data, updating exhibits, maintaining accurate system entries). • Ability to communicate clearly and concisely and participate in developing solutions. • Strong organizational and analytical skills, with the ability to manage a large volume of placements, competing deadlines, prioritize effectively and adapt to changing needs What makes you stand out: • Strength in building and sustaining relationships across practice teams and markets to deliver cohesive client service. • Experience in underwriting, particularly including Lloyd's capacity and Coverholder arrangements • Technical underwriting knowledge of construction projects 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. This is a Replacement position.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

Similar Jobs

More Jobs at Marsh McLennan

  • Marsh McLennan
    SVP, Actuary
    $150K — $200K *
    Toronto, ON M3C 0E3
    Finance & Insurance
    In-Person
  • Marsh McLennan
    Associate II - Placement
    $83K — $133K *
    Toronto, ON M3C 0E3
    Finance & Insurance
    In-Person
  • Marsh McLennan
    Associate II - Placement
    $83K — $133K *
    Vancouver, BC V5K 5J9
    Finance & Insurance
    In-Person
  • Marsh McLennan
    H&B Consultant
    $70K — $95K *
    Houston, TX 77084 (Harris County)
    Finance & Insurance
    Hybrid
  • Marsh McLennan
    H&B Consultant
    $70K — $95K *
    Dallas, TX 75217 (Dallas County)
    Healthcare
    In-Person

More Finance & Insurance Jobs

Find similar Associate II - Placement jobs: