Placement Specialist - Marine

Marsh is seeking candidates for the Placement Specialist position in our Seattle, Houston, New York City, or Chicago office. This is a hybrid role requiring at least three days a week in the office.

About the role

Build and maintain relationships with underwriters while placing sophisticated insurance programs. Identify the need for new products and develop innovative solutions for clients. Complete policy management activities, deliver reviewed policies to clients, and address client inquiries. Provide technical expertise in the delivery and presentation of marine portions of RFPs.

Responsibilities

• Manage and monitor the insured’s placement strategy using risk expertise and industry knowledge to develop solutions for complex client needs.
• Develop go-to-market strategies and provide input on pricing to support client retention and new business production.
• Build strong working relationships with carriers and underwriters to create innovative approaches for unique client needs.
• Audit and finalize commission structures with underwriters in accordance with client direction, Marsh Commission Yield Statements, and Facility agreements.
• Stay informed about changing insurance and risk market conditions, and communicate major developments affecting coverage to client teams, clients, and carriers.
• Contribute to the firm’s product lines through active participation in internal networks and devise new products to address complex client needs.
• Lead complex placement and technical support activities for large accounts, ensuring procedural compliance, reviewing data, updating renewal exhibits, and maintaining accurate placement system entries.
• Consult management on highly complex client issues or trends through clear and concise communication.
• Submit coverage specifications, obtain quotes from carriers, ensure coverage is bound, and verify the accuracy of bound programs.
• Analyze quotes from carriers and provide recommendations.

Requirements

• 5+ years of industry experience.
• Commercial Brokerage and/or Underwriting experience, preferably in marine lines of coverage.
• P&C license required, or ability to obtain one.
• Bachelor’s degree preferred.

Qualifications

• Ability to build strong relationships and rapport with internal colleagues, clients, and carriers.
• Self-starter with resourcefulness and the ability to bring solutions and ideas to the firm.
• Collaborative team player who can make an immediate impact.
• Interest in aligning with the practice’s goals and contributing to their achievement.
• Experience participating in and being part of a high-performing team.

Benefits

• Exposure to key stakeholders and opportunities to build strong business connections.
• Long-term growth potential within a dynamic and expanding business unit.
• Competitive total rewards package, including health and welfare benefits, tuition assistance, 401K savings, and other retirement programs.
• Employee assistance programs.

Pay

The applicable base salary range for this role is $92,500 to $197,100. The base pay offered will be determined based on factors such as experience, skills, training, location, certifications, and education. This position may also be eligible for performance-based incentives.

Schedule

Hybrid work schedule requiring at least three days per week in the office. Teams will identify at least one “anchor day” per week for in-person collaboration.