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Associate II
2 months ago
Associate II - Placement
Join our team at Marsh, a global leader in insurance broking and risk management, as we seek a talented Associate II - Placement to help our clients succeed by defining, designing, and delivering innovative, industry-specific solutions to effectively manage risk.
About the Role
- Utilize your P&C risk expertise, combined with industry and carrier knowledge, to develop placement strategies and solutions that meet complex client needs.
- Manage a book of high-profile, highly complex, insurance and risk management portfolios.
- Collaborate with a tenured team of placement experts and industry leaders to deliver high-end, professional, and technically strong brokerage services to clients across various industries.
- Access to Marsh's world-class resources, training curriculum, and mentoring program.
What We Offer
- A company with a strong brand and strong results to match.
- A 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 compensation and benefits package, including medical, dental, vision, STI/LTI, life insurance, and generous retirement match.
- Generous parental leave and tuition reimbursement plan.
Your Responsibilities
- 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.
Requirements
- 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 Sets You Apart
- 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, serving commercial and individual clients with data-driven risk solutions and advisory services. With over 45,000 colleagues advising clients in over 130 countries, Marsh helps clients navigate an increasingly dynamic and complex environment through its four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman.
Marsh is committed to embracing a diverse, inclusive, and flexible work environment, aiming to attract and retain the best people and embracing 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.
