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Marsh & McLennan Companies
New York, United States
(on-site)
Posted
2 days ago
Marsh & McLennan Companies
New York, United States
(on-site)
Job Function
Other
D& O Placement Specialist
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
D& O Placement Specialist
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
We are seeking a talented individual to join our Placement team at Marsh.This role will be based in NYC. This is a hybrid role that has a requirement of working at least three days a week in the office. In this role, you will leverage significant risk expertise and deep knowledge of industry and carriers to design and execute placement solutions that meet complex client needs. You will work as part of a highly collaborative placement and client advisory team, partnering closely with client executives and broader client teams to support both client retention and new business growth. You will also play a key role in articulating the value of our placement function in the market. We will count on you to:
- Use significant risk expertise and knowledge of industry and carriers to develop placement solutions that align with client needs and objectives.
- Implement the placement strategy to achieve growth goals while delivering exceptional client service and supporting client retention and new business production.
- Develop the go-to-market strategy for assigned accounts, articulating the value of the placement function and contributing to pricing of services as applicable.
- Facilitate the submission of coverage specifications and obtain quotes from carriers based on the "assist, advise, and assume" transaction model, binding coverage and ensuring accuracy of placement binders.
- Create and maintain strong relationships with practice teams, insurance markets, clients, carriers and underwriters, advising on changing insurance and risk management market conditions and key developments affecting products and coverage.
- Drive senior placement and technical support activities on assigned accounts, including ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, and advising management on client issues or trends through clear and concise communication.
What you need to have:
- Proven experience in insurance placement, broking, underwriting, or a related risk advisory role with exposure to complex commercial clients.
- Strong knowledge of insurance markets, products, and coverage, with the ability to interpret market conditions and explain implications to internal stakeholders and clients.
- Demonstrated ability to manage the placement lifecycle end-to-end, including marketing to carriers, securing terms, binding coverage, and ensuring documentation accuracy.
- Excellent relationship management, communication and organizational skills, with the ability to collaborate effectively with internal teams and external partners.
What makes you stand out:
- Advanced technical expertise in a relevant line of business or specialty area and experience leading placement strategy for complex or marquee accounts.
- Professional designations or progress toward relevant qualifications (e.g., insurance, risk management or related credentials).
- Experience advising senior stakeholders on market trends and contributing to the development of placement strategies, solutions and best practices.
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. For more information, visit marsh.com, or follow 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, 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 reasonableaccommodations@mmc.com.
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.
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.
Job ID: 81990584
Please refer to the company's website or job descriptions to learn more about them.
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