Marsh McLennan

Placement Specialist - International Casualty

Marsh McLennan$92K — $197K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of industry experience, preferably in international casualty lines
  • P&C license or ability to obtain soon
  • Strong problem-solving, critical thinking, and communication skills
  • Experience working collaboratively within a team environment
  • In-depth knowledge of market risk issues and insurance brokerage

Responsibilities

  • Devise go-to-market strategy and advocate for placement function
  • Instruct on submission of coverage specifications and obtain quotes from carriers
  • Consult with client executives to support retention and new business
  • Inspect binding of coverage and ensure accuracy of placement binders
  • Build relationships with clients, underwriters, and insurance markets
  • Communicate complex client issues to management and participate in solution development
  • Stay informed on market conditions affecting insurance and risk management

Benefits

  • Inclusive, collaborative, and innovative workplace culture
  • Opportunity to build strong business connections with key stakeholders and senior leadership
  • Significant potential for long-term growth within a dynamic business
  • Comprehensive health and welfare benefits
  • Tuition assistance and retirement savings programs
Full Job Description
Description:

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

What can you expect?
  • Be an integral member of a world leader's best in class placement team that delivers expert broking & strategic solutions to help manage risk with confidence
  • Build and maintain relationships with underwriters to manage the placement of insurance programs
  • Make an impact- your work will help people and businesses become more safe, secure and successful and you can create a career that matters
  • Take lead on complex placement/technical support activities on big accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required


What is in it for you?
  • Work in an inclusive, collaborative and innovative culture that embraces diversity
  • Exposure to key stakeholders and senior leadership and the opportunity to make strong business connections
  • Tremendous opportunity for long term growth within a dynamic and growing business


We will count on you to:
  • Devise the go-to-market strategy, advocates for the value of placement function and participates within pricing of services as applicable.
  • Instruct the submission of coverage specifications and obtains quotes from carriers based upon the "assist, advise, and assume" transaction model
  • Consult with client executives and client teams to support client retention and new business production
  • Inspecs the binding of coverage and is responsible for the accuracy of placement binders
  • Drive and build relationships with practice, insurance markets, clients, carriers and/or underwriters to provide cohesive client service.
  • Consult management on complex client issues or trends through clear and concise communication and participates in development of solutions.
  • Solid knowledge of market risk issues, insurance brokerage, account management, servicing and sales skills
  • Master a detailed understanding of changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage
  • Formulate Placement strategy by utilizing substantial risk expertise and knowledge of industry and carriers to develop solutions that meet difficult client needs


What you need to have:
  • 5+ years industry experience and success working collaboratively in a team environment
  • International Casualty experience lines needed
  • Strong problem solving including critical thinking and communication skills
  • P&C license, or ability to obtain


What makes you stand out:
  • Experience in loss sensitive polices
  • 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


This role will be based in San Francisco, Chicago, Houston or NYC. This is a hybrid role that has a requirement of working at least three days a week in the office.

The applicable base salary range for this role is $92,500 to $197,100.

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.

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

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