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

• Builds and maintains relationships with underwriters, involved in the placement of sophisticated insurance programs.
• Helps identify the need for new products and develops innovative solutions for clients.
• Completes policy management activities, delivers reviewed policies to clients, and addresses client inquiries.
• Delivers 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.
• Guide strong working relations with carriers and underwriters to create innovative approaches for unique client needs.
• Audit and finalize commission structures with underwriters in accordance with client direction and Marsh agreements.
• Achieve a thorough understanding of changing insurance and risk market conditions, informing client teams, clients, and carriers of major developments.
• Contribute advanced knowledge to the firm’s product lines through active participation in internal networks.
• Devise new products and innovative solutions addressing complex client needs.
• Lead complex placement and technical support activities on large accounts, ensuring procedural compliance and contract execution.
• Consult management on highly complex client issues or trends through clear communication.
• Develop strong working relations with carriers and underwriters, submit coverage specifications, obtain quotes, and ensure coverage is bound accurately.
• 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.
• Bachelor’s degree preferred.

Qualifications

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

Benefits

• Exposure to key stakeholders and strong business connections.
• Opportunity for long-term growth within a dynamic and expanding business unit.
• Competitive total rewards package including health and welfare benefits, tuition assistance, 401K savings, and 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 role requiring at least three days per week in the office. Office-based teams will identify at least one “anchor day” per week for in-person collaboration.