Associate I - Placement

Marsh McLennan•Chicago, IL

23h•Hybrid

About The Position

Marsh has an exciting opportunity to join our organization as a Placement Specialist supporting the US Product Recall practice. This position is critical to successfully support mid-size to large middle market and risk management accounts. This role offers remote and/or flexible work opportunities, with on the job, computer based and side-by-side training to be successful and productive. You will learn about insurance, risk management as well as building relationships within the business and outside with our partners. Work alongside senior level highly experienced colleagues to gain experience and skill sets for professional growth.

Requirements

College degree
2+ years of relevant commercial lines insurance experience in a support capacity
Advanced Proficiency in Microsoft Office applications (e.g., Word, Excel, Power Point, Outlook) and the ability to learn proprietary applications/database
Strong organizational/multi-tasking skills
Excellent oral and written communication skills
Ability to handle multiple priorities in a fast-paced team environment

Nice To Haves

High attention to detail and collaborative skill set
Being a self-starter
Willingness to learn and be successful in the commercial insurance field

Responsibilities

Lead placement and advisory efforts on a diverse portfolio of client accounts.
Develop and execute renewal and placement strategies in collaboration with Placement Leaders and Client Executives, aligned with client goals.
Manage coverage reviews and negotiate terms with underwriters to ensure alignment with client requirements.
Ensure accurate documentation and timely follow-up of all placement activities within internal systems.
Assist in submitting coverage specifications and policy management for follow up with underwriters and client team to provide cohesive client service.
Assist with invoicing, billing and service line tax activities.
Input placement data into system within specified timeframes and accurately.
Complete first check of policy and confirms policy language to support policy renewal process.
Document all placement activities in the system to ensure timely follow up by client, carriers and client team.
Assist in special projects within team.
Build and maintain strong partnerships with carriers, underwriters, and market contacts to enhance placement opportunities.
Monitor market trends and regulatory changes, advising clients and internal teams on impacts and opportunities.
Collaborate across Marsh teams to deliver integrated, client-focused solutions.