Reinsurance Assistant

Marsh McLennan • Hartford, WI

12d • Hybrid

About The Position

We are seeking a talented individual to join our team at Guy Carpenter. This role will be based in one of these locations: New York; Chicago, IL; Hartford, CT; or Atlanta, GA. This is a hybrid role that has a requirement of working at least three days a week in the office. This role is responsible for managing all post-placement support activities for the account and providing assistance to account team members as needed. The incumbent proactively monitors and prompts key activities and tasks during binding and post-binding phases to ensure full and timely compliance with quality standards and regulatory requirements, following established guidelines. The role requires the ability to coordinate activities independently and to liaise effectively with internal and external stakeholders, including brokers, clients, and markets, to facilitate efficient and seamless post-placement services.

Requirements

• 3+ years of experience in the Casualty Insurance or Reinsurance industry with solid knowledge of insurance/reinsurance concepts, contract wordings, and basic accounting principles.
• Strong interpersonal, verbal, and written communication skills to effectively interact with clients, reinsurers, and colleagues at various levels.
• Excellent organizational and prioritization abilities, with strong attention to detail and capacity to manage multiple tasks efficiently.
• Proficient problem-solving skills with the ability to identify issues, develop initial solutions, and escalate appropriately; proficient in Microsoft Office applications.

Nice To Haves

• Associate’s degree preferred, along with relevant or transferable experience.
• Associate in Reinsurance (ARe) designation is beneficial though not essential

Responsibilities

• Review all client and market correspondence for completeness to ensure compliance with regulatory and quality requirements.
• Obtain and verify client and market binding confirmations for accuracy against GC binding documentation; address and resolve any discrepancies with brokers.
• Process binding and final documentation to clients and markets, ensuring accuracy and fulfillment of client-specific accounting and platform requirements.
• Obtain and review client policies, identify discrepancies, collaborate with brokers and clients to rectify issues, obtain market approvals, and process necessary endorsements or certificates.
• Manage placement changes during the term by coordinating with brokers and markets to achieve satisfactory outcomes for all parties.
• Maintain accurate and up-to-date placement files, ensuring all control documentation and records/forms are properly completed and stored per policy.
• Participate actively in team meetings and initiatives to share knowledge, improve services, and ensure adherence to best practices, compliance policies, and training requirements.

Benefits

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
• We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree
• Number of Employees: 5,001-10,000 employees