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Marsh McLennan

Insurance / Employee Benefits Placement Specialist

Marsh McLennan is seeking candidates for the following position based in Porto or Lisbon:

Insurance / Employee Benefits Placement Specialist

What can you expect?

  • Reporting to the Placement Leader, this role aims to develop and execute various initiatives to implement the Placement strategy defined for Marsh and Mercer.
  • The chosen person will be responsible for negotiating with national and international insurance markets for insurance programs for clients and prospects, ensuring the best solutions that meet the specific needs of each client, with a special focus on solutions related to the Employee Benefits area.
  • The Placement Specialist will work closely with the entire Marsh McLennan Group structure (particularly with the Client Management and Sales teams) to create the best value proposition for their clients.

What is in it for you?

  • Flexible work environment.
  • A permanent contract and generous benefits package, including pensions plan, health and life insurance.
  • For the initial 3 months it's required to work from the office. After that, you can opt for the hybrid working model, which allows you to work from home 2 days per week.

We will count on you to:

  • Define and implement a market strategy for each placement.
  • Conduct detailed analysis of existing insurance programs, identifying improvement opportunities and recommendations for optimization.
  • Negotiate the best solutions in terms of pricing, coverage, and limits with insurance markets.
  • Develop close and trust based relationships with insurance markets.
  • Implement various initiatives that are part of the Placement strategic plan.
  • Support and liaise with other internal teams by finding the best solutions for client needs, provide insights and recommendations for continuous improvement.
  • Stay updated on market trends and best practices, especially in the Employee Benefits area, and share knowledge, information, and insights with the other teams/departments.

What you need to have:

  • Proven experience of 3 to 5 years in the Insurance sector (Broker/Insurer), with a focus on the Employee Benefits area.
  • Bachelor's degree in a relevant field.
  • Strong knowledge of the insurance market, particularly in social benefits policies, including Health, Life, and Personal Accident Insurance.
  • Fluent English level (minimum C1); knowledge of Spanish is considered a plus.
  • Critical thinking and problem-solving attitude.
  • Excellent negotiation and communication skills.
  • Analytical skills with the ability to interpret data and communicate it in a clear way.
  • Team-player, being able to collaborate with colleagues from different areas and hierarchical levels.

About Marsh McLennan

Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s more than 85,000 colleagues advise clients in over 130 countries. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com, or follow us on LinkedIn and X.

Marsh and McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, and gender identity.

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