Associate I - Placement

Company:Marsh

Description:

Description:

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X.

Placement Representative

 If you’re looking to expand your career with a global leader in Insurance Broking and Risk Management, this position is for you!  Marsh has an exciting opportunity to join our organization as a Placement Specialist supporting the US Product Recall practice.

What can you expect?

• This position is critical to successfully support mid-size to large middle market and risk management accounts
• Remote and/or flexible work opportunities
• You will receive on the job, computer based and side-by-side training to be successful and productive in this role
• You will learn about insurance, risk management as well as building relationships within the business and outside with our partners.
• Work alongside senior level highly experienced colleagues to gain experience and skill sets for professional growth

What’s in It for You?

• A company with a strong brand and strong results to match
• Work with high-profile clients across diverse industries, gaining valuable exposure and experience
• Competitive pay (salary and performance bonus potential), Full benefits package – starting day one (medical, dental, vision, STI/LTI, life insurance, generous 401k match AND contribution).
• Tuition Reimbursement plan per year and participation in our Employee Stock Purchase Plan
• Thrive in a culture that encourages innovation, open communication, and work-life balance
• Engage in challenging and rewarding projects that sharpen your placement and negotiation expertise

We will count on you to:

• Lead placement and advisory efforts on a diverse portfolio of client accounts.
• Develop and execute renewal and placement strategies in collaboration with Placement Leaders and Client Executives, aligned with client goals.
• Manage coverage reviews and negotiate terms with underwriters to ensure alignment with client requirements.
• Ensure accurate documentation and timely follow-up of all placement activities within internal systems.
• Assist in submitting coverage specifications and policy management for follow up with underwriters and client team to provide cohesive client service.
• Assist with invoicing, billing and service line tax activities.
• Input placement data into system within specified timeframes and accurately.
• Complete first check of policy and confirms policy language to support policy renewal process.
• Document all placement activities in the system to ensure timely follow up by client, carriers and client team.
• Assist in special projects within team.
• Build and maintain strong partnerships with carriers, underwriters, and market contacts to enhance placement opportunities.
• Monitor market trends and regulatory changes, advising clients and internal teams on impacts and opportunities.
• Collaborate across Marsh teams to deliver integrated, client-focused solutions.

What you Need to Have:

• College degree
• 2+ years of relevant commercial lines insurance experience in a support capacity
• Advanced Proficiency in Microsoft Office applications (e.g., Word, Excel, Power Point, Outlook) and the ability to learn proprietary applications/database
• Strong organizational/multi-tasking skills
• Excellent oral and written communication skills
• Ability to handle multiple priorities in a fast-paced team environment

What Makes You Stand Out?

• High attention to detail and collaborative skill set
• Being a self-starter
• Willingness to learn and be successful in the commercial insurance field

Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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 (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected].

Marsh 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 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.

The applicable base salary range for this role is $72,500 to $154,300.

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.