Associate II - Placement
As a global leader in insurance broking and risk management, Marsh helps clients succeed by defining, designing, and delivering innovative, industry-specific solutions to effectively manage risk.
We are looking for a Associate II - Placement to join our team.
What can you expect?
- Use your P&C risk expertise, combined with industry and carrier knowledge, to instruct placement strategy and to develop placement solutions that meet complex client needs.
- Manage a book of high profile, highly complex, insurance and risk management portfolios.
- Join a tenured team of placement experts and noted industry leaders, known for their ability to deliver high-end, professional and technically strong brokerage services to clients across various industries.
- Access to Marsh’s word-class resources, training curriculum, and mentoring program.
What is in it for you?
- A company with a strong Brand and strong results to match
- Culture of internal mobility, collaboration and valued partnership with HR from the business.
- Employee Resource Groups, which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations.
- Competitive pay (salary and bonus potential), Full benefits package – starting day one (medical, dental, vision, STI/LTI, life insurance, generous retirement match AND contribution to our defined contribution plan).
- Generous Parental Leave and Tuition Reimbursement plan per year.
We will count on you to:
- Develop methods for the go-to-market strategy and provide input on pricing of services supporting client retention and new business production.
- Guide strong working relations with carriers and/or underwriters to create innovative approaches to unique client needs and provide cohesive client service.
- Audit and finalize commission structure with underwriter in accordance with client direction and agreement.
- Achieve a thorough understanding of changing insurance and risk market conditions and inform client teams, clients and carriers of major developments affecting various types of coverage.
- Apply advanced knowledge to the firm’s product lines by active participation in internal networks.
- Devise new products and innovative solutions that address complex client needs.
- Lead complex placement/technical support activities on big accounts to ensure contract execution as required.
What you need to have:
- Risk Management experience, an understanding of Risk concepts, and strong technical knowledge
- 3-5 years insurance experience on the Broker or Insurer side
- Broker License (or willingness to obtain)
What makes you stand out:
- An in-depth knowledge of changing market conditions to contribute to the firm’s body of knowledge within placement
- Multinational, International and complex account experience
Marsh is the world’s leading insurance broker and risk adviser. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and X.
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.
In accordance with applicable legislation, Marsh McLennan will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact [email protected].
Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
