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Associate Placement Specialist

Job summary

Chicago

Work model

Hybrid · 2 days home
1 month ago
Job description

Marsh is seeking candidates to join our Casualty Healthcare Placement team based in our New York or Chicago office location.

What can you expect:

  • Work alongside a senior placement broker to assist in all aspects of a client's insurance program including the development of a renewal strategy; ensuring a completed submission and sending to market; negotiating broad coverage terms; documenting all placement activities to ensure timely follow up by client, carriers and client team.
  • Build relationships within your team, colleagues, insurance markets, clients, carriers and/or underwriters to provide cohesive client service.

What is in it for you?

  • Work in a dynamic and energetic team environment
  • Fast pace, exciting and friendly culture
  • Competitive compensation and time off
  • Attractive flex benefits package (medical/dental/vision insurance, life insurance, retirement plan)
  • Career development opportunities

We will count on you to:

  • Consult management on complex client issues or trends through clear and concise communication and participate in development of solutions
  • Ensure client renewal transactions are compliant with professional standards.
  • Assist in special projects within team.
  • Consult with client executives and client teams to support client retention and new business production
  • Assist in submitting coverage specifications and policy management for follow up with underwriters and client team to provide cohesive client service.
  • Input placement data into system within specified timeframes and accurately.
  • Complete first check of policy and confirm policy language to support policy renewal process.
  • Inspect the binding of coverage and is responsible for the accuracy of placement binders
  • Work towards:
    • A solid knowledge of market risk issues, insurance brokerage, account management, servicing and sales skills
    • A detailed understanding of changing insurance and risk management market conditions

What you need to have:

  • College degree
  • Insurance industry experience preferred
  • P & C licensed preferred, OR able to obtain within 12 months of employment
  • Proficiency in Microsoft Office applications (e.g., Word, Excel, Power Point, Outlook) and the ability to learn proprietary applications/databases

What makes you stand out:

  • Ability to work in teams and cultivate relationships.
  • Analytical thinker and problem solver.
  • Intellectual curiosity and a growth mindset
  • Demonstrated leadership skills or has taken initiative within school, work and/or community
  • Ability to handle multiple priorities in a fast-paced team environment
  • Strong ability to forge relationships
  • Attention to detail
  • Strong organizational/multi-tasking skills
  • Excellent oral and written communication skills

About Marsh

Marsh Risk 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.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We are committed to hybrid work, with colleagues expected to be in the office at least three days per week.

Compensation

The applicable base salary range for this role is $72,500 to $154,300. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. This position may be eligible for performance-based incentives.