Manager I - Placement

Marsh McLennan•Chicago, NY

4d•$92,500 - $197,100•Hybrid

About The Position

Marsh is seeking a Manager to join its QSG team in New York City or Chicago. This hybrid position requires working in the office or onsite with clients at least three days per week. The Manager leads and mentors a small- to medium-sized team, manages performance and workload, and ensures staffing supports client needs. The role also handles a book of new and renewal business in a player-coach capacity. The Manager applies risk expertise and knowledge of the insurance industry and carrier marketplace to develop placement solutions, execute placement strategy, and support growth and client service objectives. The role works with practice teams, clients, carriers, underwriters, and client executives to place coverage, support retention and new business, and communicate relevant insurance and risk market developments. Marsh is a global company advising clients in 130 countries, with annual revenue of over $27 billion and more than 95,000 colleagues. The company describes its work environment as diverse, inclusive, flexible, and hybrid. The applicable base salary range is $92,500 to $197,100, with possible performance-based incentives. Marsh also offers health and welfare benefits, tuition assistance, 401(k) savings and other retirement programs, and employee assistance programs.

Requirements

Significant experience in risk, insurance, or placement-related roles.
5–7+ years of experience within the industry.
Strong knowledge of industry trends, insurance markets, and carrier relationships.
Experience developing placement strategies and delivering solutions aligned with client needs.
Demonstrated ability to lead teams, manage performance, and coordinate resources effectively.
Strong communication and relationship management skills, with the ability to work effectively across clients, carriers, underwriters, and internal stakeholders.
Proven ability to support business growth, client retention, and new business production.
P&C license or ability to obtain one.

Nice To Haves

Deep expertise in complex placement strategy and market execution.
Ability to combine technical placement knowledge with commercial and client service insight.
Strong leadership presence and ability to mentor team members and influence key stakeholders.
Experience advising senior client leaders on insurance and risk market developments.
Proven success building collaborative relationships across practice, placement, and client service teams.

Responsibilities

Lead, mentor, and oversee performance management for a small- to medium-sized team.
Coordinate workload and ensure appropriate staffing levels to meet client needs.
Handle a book of new and renewal business in a player-coach capacity.
Apply risk expertise and knowledge of the insurance industry and carrier marketplace to develop placement solutions aligned with client needs.
Execute placement strategy to support growth objectives and deliver exceptional client service.
Develop go-to-market strategy, articulate the value of the Placement function, and contribute to service pricing as applicable.
Facilitate submission of coverage specifications and obtain carrier quotes in alignment with the “assist, advise, and assume” transaction model.
Bind coverage and ensure placement binders are accurate.
Build and maintain relationships with practice teams, insurance markets, clients, carriers, and underwriters to provide cohesive client service.
Advise on changing insurance and risk management market conditions and communicate major product and coverage developments to client executives, client advisors, and clients.
Partner with client executives and client teams to support client retention and new business production.