Marsh McLennan

Specialist II - Broking

Marsh McLennan$175K — $275K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

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

Responsibilities

  • Manage client interactions in medium to large transactions with innovative solutions.
  • Analyze risk reports and articulate value propositions to clients.
  • Build and maintain strong relationships with stakeholders including insurers and reinsurers.
  • Contribute to internal knowledge sharing for enhanced client service.
  • Oversee timely responses to client queries and concerns.
  • Participate in revenue and budget planning with management.
  • Review and clarify contract documents and bond terms.

Benefits

  • Professional development opportunities.
  • Supportive work culture with talented colleagues.
  • Range of career opportunities and enhanced benefits.
  • Health and welfare benefits, including tuition assistance and 401K programs.
Full Job Description
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.

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.

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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