Associate Placement Specialist

Marsh is seeking candidates to join our Healthcare Placement team focused on medical professional liability based in our New York or Chicago office locations. This is a hybrid role that requires working at least three days a week in the office.

About the role

Work in conjunction with Marsh’s healthcare client team to develop and execute medical professional liability renewal strategy, select (re)insurers to approach, negotiate broad coverage terms, produce and present program recommendations, and complete documentation of all placement activities. Foster relationships within your team, colleagues, clients, and carriers to provide cohesive client service.

Responsibilities

• Consult management on complex client issues or trends through clear and concise communication and participate in the development of solutions.
• Ensure client renewal transactions are compliant with professional standards.
• Assist in special projects within the team.
• Consult with client executives and client teams to support client retention and new business production, such as active participation in RFPs and coverage reviews.
• Develop coverage expertise to negotiate and drive optimal terms on behalf of our healthcare clients.
• Conduct thorough reviews of all quotes, binders, and policies to ensure accuracy of coverage placed.
• Work towards a solid knowledge of market risk issues, insurance brokerage, account management, servicing, and sales skills.
• Develop a detailed understanding of changing insurance and risk management market conditions.

Requirements

• College degree.
• 3-6 years of insurance industry or relevant experience.
• P&C licensed, or ability to obtain within 3 months of employment.
• Proficiency in Microsoft Office applications (e.g., Word, Excel, PowerPoint, Outlook) and the ability to learn proprietary applications/databases.

Qualifications

• Medical professional liability experience.
• Ability to work in teams and cultivate relationships.
• Analytical thinker and problem solver.
• Intellectual curiosity and a growth mindset.
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools.
• Demonstrated leadership skills or has taken initiative within school, work, and/or community.
• Attention to detail.
• Strong organizational/multi-tasking skills.
• Excellent oral and written communication skills.

Benefits

• Professional development opportunities, interesting work, and supportive leaders.
• Vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities.
• Career opportunities, as well as benefits and rewards to enhance your well-being, including health and welfare benefits, tuition assistance, 401K savings, and other retirement programs, and employee assistance programs.

Pay

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.