Casualty Placement Specialist - Life Sciences

Company:

Marsh

Description:

Marsh is seeking candidates for our Life Science Casualty Placement Specialist position based in the New York City office:

What can you expect?

• 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

What is in it for you?

• Work in an inclusive, collaborative and innovative culture that embraces diversity
• Exposure to key stakeholders and senior leadership and the opportunity to make strong business connections
• Tremendous opportunity for long term growth within a dynamic and growing business

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

Marsh is the world’s leading insurance broker and risk adviser. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us 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 TANA@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 $110,600 to $235,900.

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.

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