Marsh McLennan
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9 days ago
Casualty Placement Specialist - Life Sciences 2 Locations
Marsh McLennan
Chicago, ILUSRemote HybridNew York, NYRemote
Company:
MarshDescription:
We are seeking a talented individual to join our Life Science Casualty team at Marsh. This role will be based in New York City, NY or Chicago, IL. This is a hybrid role that has a requirement of working at least three days a week in the office.
We will count on you to:
- Devises the go-to-market strategy, advocates for the value of placement function and participates within pricing of services as applicable.
- Instructs the submission of coverage specifications and obtains quotes from carriers based upon the “assist, advise, and assume” transaction model
- Consults with client executives and client teams to support client retention and new business production
- Inspects the binding of coverage and is responsible for the accuracy of placement binders
- Drives and builds relationships with practice, insurance markets, clients, carriers and/or underwriters to provide cohesive client service.
- Consults management on complex client issues or trends through clear and concise communication and participates in development of solutions.
- Solid knowledge of market risk issues, insurance brokerage, account management, servicing and sales skills
- Masters a detailed understanding of changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage
- Formulates Placement strategy by utilizing substantial risk expertise and knowledge of industry and carriers to develop solutions that meet difficult client needs
What you need to have:
- 8+ years industry experience and success working collaboratively in a matrix team environment
- Strong problem solving including critical thinking and communication skills
- P&C license, or ability to obtain
- Bachelors degree preferred, but not required
What makes you stand out:
- Ability to build strong relationships and build rapport with internal colleagues, clients and carriers
- Self-starter, resourcefulness with the ability to bring solutions and ideas to the firm
- Being able to be part of a collaborative team and feel that you can make an immediate impact
- Having an interest in how you fit in with achieving the practice’s goals and an interest in how to meet those goals
Why join our team:
- Be an integral member of a world leader’s best in class placement team that delivers expert broking & strategic solutions to help manage risk with confidence
- Build and maintain relationships with underwriters to manage the placement of insurance programs
- Make an impact- your work will help people and businesses become more safe, secure and successful and you can create a career that matters
- Take lead on complex placement/technical support activities on big accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required