Marsh McLennan

Senior Surety Advisor (Multiple Positions)

Marsh McLennan$209K — $328K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Marketing and Management, or related field required.
  • 10 years of progressive experience in a relevant position required.
  • 5 years of experience with legal fundamentals of surety bonds.
  • Proficient with S&P Cap IQ or Moody's Analytics for research and sales targeting.
  • Experience analyzing financial statements and assessing creditworthiness.
  • Proven ability to build relationships with clients and industry stakeholders.
  • Familiarity with the London insurance market required.

Responsibilities

  • Assess and monitor financial health of a portfolio of US Multinational clients.
  • Design customized surety bond programs to meet clients' needs.
  • Collaborate with senior colleagues to identify decision-makers and assess account risks.
  • Conduct research to identify expansion opportunities and align offerings with market trends.
  • Analyze quantitative and qualitative data to develop viable proposals.
  • Craft custom solutions for complex accounts and support presentations.
  • Lead global growth strategies with stakeholders primarily in London and New York.

Benefits

  • Health and welfare benefits.
  • Tuition assistance program.
  • 401K savings and retirement programs.
  • Employee assistance programs.
Full Job Description
Marsh USA LLC is seeking candidates for the following full-time positions based in the New York, NY office: Senior Surety Advisor (Multiple Positions) We will count on you to: Responsible for assessing and monitoring the financial health and business requirements of a portfolio of US Multinational clients in order to design customized surety bond programs with favorable terms and conditions. Working with clients, and occasionally banks, to de-risk clients' letters of credit portfolios by shifting risks into the surety insurance market. Collaborate with senior colleagues and project specialists to identify key decision-makers, assess account needs and underlying risks, and determine the optimal combination of services and products to meet clients' business objectives and compliance requirements-ultimately driving account expansion. Conduct research and analysis to identify new buyer hubs and new product applications in order to uncover expansion opportunities by aligning internal offerings with market trends, with the goal of institutionalizing accounts within the business. Analyze and conceptualize quantitative and qualitative data from projects, accounts, and markets to develop viable proposals for personal or senior colleagues' accounts. Assist in crafting custom solutions to address the needs of complex accounts and support or lead presentations of these solutions to senior colleagues or clients. This role requires working on and leading global growth strategies with stakeholders largely based between London and New York. What you need to have: Must have a Bachelors degree or foreign equivalent in Finance, Marketing and Management, or a related field plus ten (10) years of progressively responsible post baccalaureate experience in the position offered, or a related position. Must have five (5) years of experience, with all of the following: Utilizing knowledge of the legal fundamentals of surety bonds, including the roles and responsibilities of contractors, beneficiaries, and surety companies to effectively negotiate transactions between clients and sureties' legal counsels. Using S&P Cap IQ, or Moody's Analytics platform to conduct screening, research and development and sales targeting of clients and prospective clients. Analyzing and interpreting company balance sheets, financial statements and project metrics to assess creditworthiness and inform bond-related decisions. Building and nurturing relationships with clients, underwriters, and key stakeholders across a range of industry sectors including, financial institutions, technology and energy to ensure trust and long-term engagement. Managing a diverse client bonding portfolio with attention to performance, renewal cycles, and risk exposure. Working with both banks and insurance companies to facilitate the syndicating and sharing of risk exposures. Experience working with the London insurance market. 10% domestic and 10% international travel is required to various and unanticipated company and client sites. The applicable base salary range for this role is $209,000.00-$328,400 per year. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. 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. #LI-DNI

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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