Senior Casualty Placement Specialist - Education and Public Entity at Marsh & McLennan Companies in Los Angeles, California

Posted in Other 14 days ago.

Job Description:

Marsh is seeking candidates for our Sr. Casualty Placement Specialist position for the Education and Public Entity industries based on the West Coast.

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 institutions and municipalities 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
  • Opportunity to become the West Zone Practice Lead in our Education industry.

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:
  • 10+ years industry experience and success working collaboratively in a matrix team environment
  • Casualty experience lines needed, Education and Public Entity experience a nice to have
  • Attention to detail, excellent analytical ability and strong communication skills
  • 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:
  • Experience in loss sensitive polices
  • 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 over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US $17 billion and 76,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.