Associate II - Transactional Services

Marsh McLennan•Edina, MN

5d•$97,700 - $162,700•Hybrid

About The Position

Marsh Re is seeking an Associate II - Transactional Services based in Edina, Minnesota. This hybrid role requires working in the office at least three days per week. The position manages an assigned client portfolio, ensuring timely follow-up, accurate activity entry, and premium collection. It also collaborates with other departments on collections and fund settlements while meeting service-level requirements. The role provides accounting and claims information to support sales, builds relationships with brokers, clients, and markets, and contributes to team efforts.

Requirements

At least 5 years of experience in excess of loss reinsurance and accounting.
Bachelor’s degree in accounting, finance, or risk management.
Proficiency in Microsoft Office applications, including Word, Excel, and PowerPoint.
Strong attention to detail and ability to manage workload effectively.
Teamwork skills and a positive attitude.
Proactive approach to offering and implementing process-improvement ideas in a dynamic environment.
Excellent written and verbal communication and negotiation skills.

Nice To Haves

Insurance and claims experience.

Responsibilities

Manage an assigned client portfolio, including timely follow-up, accurate system entry of client activity, and securing reinsurance premiums.
Collaborate with other departments to support collection efforts and cash application processes as needed.
Oversee timely settlement of funds to and from clients, ensuring compliance with payment warranties and conditions.
Complete assigned tasks accurately and in accordance with Service Level Agreements (SLAs).
Provide detailed client-specific accounting and claims information to support sales opportunities.
Build and maintain strong relationships with brokers, clients, and markets by understanding their needs and resolving issues effectively.
Participate in team meetings to share knowledge and contribute to outcomes.