Manager I - Placement

Marsh McLennan•New York, NY

5d•$92,500 - $197,100•Hybrid

About The Position

Marsh is hiring a Manager for 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, oversees performance and workload, and manages a book of new and renewal business in a player-coach capacity. The role applies risk expertise and knowledge of the insurance carrier marketplace to develop and execute placement strategies, deliver client solutions, and support growth and exceptional client service. The Manager develops go-to-market strategy, communicates the value of the Placement function, and contributes to service pricing where applicable. The position facilitates coverage specifications and carrier quotes, binds coverage, and ensures placement binders are accurate. It also builds relationships across practice teams, markets, clients, carriers, and underwriters; advises on insurance and risk market developments; and partners with client executives and teams on retention and new business production. Marsh describes itself as a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. The company states that it has annual revenue of over $27 billion and more than 95,000 colleagues. Marsh promotes a diverse, inclusive, and flexible work environment and offers a total rewards package that includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs, and employee assistance programs. The applicable base salary range is $92,500 to $197,100, with possible performance-based incentives.

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 to client needs.
Demonstrated ability to lead teams, manage performance, and coordinate resources effectively.
Strong communication and relationship management skills, including 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 staffing to meet client needs.
Manage a book of new and renewal business in a player-coach capacity.
Apply risk expertise and knowledge of the industry and insurance carrier marketplace to develop placement solutions that meet client needs.
Execute the 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 the accuracy of placement binders.
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.