Specialist I - Placement
About the role
This position is critical to successfully support mid-size to large middle market and risk management accounts. Remote and/or flexible work opportunities are available. You will receive on-the-job, computer-based and side-by-side training to be successful and productive in this role. You will learn about insurance, risk management, and building relationships within the business and with external partners. Work alongside senior-level, highly experienced colleagues to gain experience and skill sets for professional growth.
What’s in It for You
- A company with a strong brand and strong results to match
- Work with high-profile clients across diverse industries, gaining valuable exposure and experience
- Competitive pay (salary and performance bonus potential)
- Full benefits package starting day one (medical, dental, vision, short- and long-term incentives, life insurance, generous 401k match and contribution)
- Tuition reimbursement plan per year and participation in the Employee Stock Purchase Plan
- Thrive in a culture that encourages innovation, open communication, and work-life balance
- Engage in challenging and rewarding projects that sharpen your placement and negotiation expertise
Responsibilities
- Lead placement and advisory efforts on a diverse portfolio of client accounts
- Develop and execute renewal and placement strategies in collaboration with Placement Leaders and Client Executives, aligned with client goals
- Manage coverage reviews and negotiate terms with underwriters to ensure alignment with client requirements
- Ensure accurate documentation and timely follow-up of all placement activities within internal systems
- Assist in submitting coverage specifications and policy management for follow-up with underwriters and client team to provide cohesive client service
- Assist with invoicing, billing and service line tax activities
- Input placement data into system within specified timeframes and accurately
- Complete first check of policy and confirm policy language to support policy renewal process
- Document all placement activities in the system to ensure timely follow-up by client, carriers and client team
- Assist in special projects within team
- Build and maintain strong partnerships with carriers, underwriters, and market contacts to enhance placement opportunities
- Monitor market trends and regulatory changes, advising clients and internal teams on impacts and opportunities
- Collaborate across Marsh teams to deliver integrated, client-focused solutions
Requirements
- College degree
- 5+ years of relevant commercial lines insurance experience
- Experience dealing with risk management departments for restaurant and food and beverage industry segments
- Advanced proficiency in Microsoft Office applications (e.g., Word, Excel, PowerPoint, Outlook) and the ability to learn proprietary applications/databases
- Strong organizational and multi-tasking skills
- Excellent oral and written communication skills
- Ability to handle multiple priorities in a fast-paced team environment
What Makes You Stand Out
- High attention to detail and collaborative skill set
- Self-starter mentality
- Willingness to learn and succeed in the commercial insurance field
Pay
The applicable base salary range for this role is $120,500 to $256,700. 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.
Benefits
- Health and welfare benefits
- Tuition assistance
- 401K savings and other retirement programs
- Employee assistance programs