Contract Review Insurance Advisor - Austin, TX at Marsh & McLennan Companies in Austin, Texas

Posted in Other 7 days ago.

Job Description:

Marsh is seeking candidates for the following position based in the Austin Lakeline office:

Contract Review Insurance Advisor

Marsh USA is the world's largest insurance brokerage, and we strive to offer our clients innovative solutions to manage risk more effectively. With more than 30,000 employees worldwide and operations in more than 130 countries, Marsh serves more clients in more industries worldwide than any firm in our industry.

We are looking for talented professionals to join the growing Contract Review department based in our Austin office as a Contract Review Insurance Advisor.

What can you expect?
  • You will be an essential part of a highly-skilled team, directly advising clients and collaborating with other Marsh subject matter experts as necessary, to complete an insurance-focused review of contractual insurance requirements.
  • Contract Review Insurance Advisors identify and extract pertinent insurance information from contracts, determine implicated coverage lines, and perform a comparative analysis of the client's relevant policies and respective contractual requirements so as to provide appropriate guidance to the client.
  • The ideal candidate will have experience in an advisory role, be well-versed in insurance terminology, and possess a high degree of attention to detail. This position has no supervisory responsibilities and no direct reports.

What is in it for you?
  • The opportunity to leverage your expertise and directly advise the clients of a Fortune 500 company. Additionally, this role will expose you to many areas of the company, senior leaders, and multiple aspects of commercial insurance and risk management which will allow you to expand your network, gain valuable knowledge, and enhance your skills
  • Culture of internal mobility, diversity, inclusion, and collaboration in a relaxed environment with a casual dress code
  • A company-wide emphasis on Corporate Social Responsibility; all colleagues receive 8 hours of paid time off for volunteering, with the option to join our organized group activities
  • Opportunities to get involved with resource groups, guest speaker lectures, career development events, volunteering, social activities, and more
  • Benefits like Medical, Dental, Vision, STD/LTD and Life Insurance, a generous 401k match and PTO allowance, Employee Stock Purchase program, and Tuition Reimbursement, with benefits starting Day 1 (401k match starts after one year of service)
  • Flexible work opportunities to ensure a healthy work/life balance
  • A convenient North Austin location near the Lakeline MetroRail station with onsite amenities like a free fitness room, showers, indoor bicycle storage, jogging trails, and onsite food service

We will count on you to:
  • Review, interpret, and analyze contractual requirements regarding insurance, and compare against the insurance policies of designated Marsh clients for the purpose of determining whether the insured possesses the required coverage and limits of liability
  • Review, interpret, and analyze commercial insurance policies for the purpose of determining whether the insured maintains the contractually required coverage and limits of liability
  • Advise clients (and fellow Marsh colleagues, as necessary) on contract provisions related to insurance, providing recommendations and guidance as necessary, exercising independent professional judgment
  • Provide guidance to the Certificates team on certificates of insurance issued in connection with contractual requirements, when needed
  • Remain current by understanding and following all Marsh compliance, professional and transparency standards
  • Actively seek out opportunities to develop and expand your own knowledge, as well as the knowledge of fellow Contract Review colleagues
  • Actively seek out opportunities to create and improve standard processes
  • Exercise discretion and good judgment, with minimal supervision
  • Devote a moderate amount of time, as necessary, to self-study and research with respect to a variety of insurance-related issues and topics
  • Maintain an active Texas P&C license by participating in Continuing Education classes

What you need to have:
  • Bachelor's degree
  • Texas P&C license required at the time of hire, or the ability to obtain a Texas P&C license within 30 days of hire
  • 5-7 years of insurance, legal, financial services, or related industry experience (claims management, risk management, client management, insurance broking, contract review, etc.)
  • Proficient in Microsoft Office tools - Outlook, Word, PowerPoint and Excel
  • Proficient with PDF editing software
  • Excellent organization skills - ability to prioritize work and meet deadlines
  • Skilled at navigating complex and difficult scenarios, and providing appropriate guidance with discretion and good judgment
  • A self-starter, with the ability to work autonomously and make well-reasoned decisions
  • Ability to communicate clearly and concisely, both verbally and in writing
  • Outstanding interpersonal skills - ability to work within a team and with colleagues at all levels
  • Familiarity with common insurance and legal terminology and concepts
  • Experience drafting, revising, interpreting, or reviewing contracts
  • Demonstrated proficiency with reviewing and interpreting multiple types of commercial insurance policies, including Commercial General Liability and other casualty or property coverages
  • Extensive customer service experience
  • Ability to effectively communicate complex insurance concepts to others
  • Experience issuing or reviewing certificates of insurance

What makes you stand out?
  • Advanced degree, certificate, or training in law/paralegal, risk management, insurance, etc.; J.D. Advantage
  • Experience in commercial lines insurance
  • Experience in a professional and/or advisory position
  • Relevant professional designations

We Are Marsh

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.

Marsh & McLennan Companies and its Affiliatesare EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.