Placement Specialist
We are seeking a Placement Specialist role within our QSG FINPRO group. The role will be responsible for designing the placement strategy and negotiating with carriers to receive the best terms, conditions, coverage, and pricing for the client and making recommendations to the client and client team. This role will be a hybrid role located in New York City. We will count on you to :
Responsible for using risk expertise to analyze client's current and historical exposures, develop solutions, solicit quotes, negotiate with panel markets, analyze comparisons, articulate impact of options and make recommendations to the client team and client.
Delivers marketing results to Client Team. Involved in communications and presentations with clients in collaboration with Client Team as needed.
Collaborate with client team and client to develop strategy for insurance program structure and compliance.
Responsible for order bind & the accuracy of programs based on client direction.
Utilizing risk expertise and knowledge of industry and insurance marketplace, reviews clients' exposures and loss experience.
Assesses needs of clients and develops solutions to risk situations, across complexity spectrum.
Participates in pre-strategy meeting to create renewal strategy.
Responsible for following up for any open items and subjectivities.
Keeps abreast of changing global and international risk and insurance market conditions.
Builds and maintains relationships with carriers, underwriters, and client team to provide best in class service.
Manages and records all activities in workflow system to ensure timely follow up by client, carriers and client team.
General problem-solving of client issues.
Identifies the need for new products and suggests innovative solutions to Client Team / Client (Segment driven).
What you need to have :
Demonstrated ability to work collaboratively in a matrix team environment.
Ability to communicate with impact with clients, employees, and management across all levels of an organization.
Requires attention to detail, excellent analytical ability, and strong communication skills.
Ability to work with deadlines and changing priorities.
Strong problem solving and communication skills.
Possesses solid knowledge of market risk issues, insurance brokerage, account management, servicing and sales skills.
Proficient knowledge of business systems & technology.
What makes you stand out :
Prior insurance experience, with a broker or carrier.
Broker's License preferred, or ability to obtain.
BS / BA degree preferred.
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.
Marsh, a business of Marsh McLennan (NYSE : MMC), is the world's top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses : Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective.
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, veteran status, or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.
The applicable base salary range for this role is $92,500 to $197,100. 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.
Placement Specialist • New York, NY, US