Reinsurance Assistant

Marsh McLennan•New York, NY

2d•$70,000 - $90,000•Hybrid

About The Position

Marsh Re is seeking a Reinsurance Assistant based in Hartford, Connecticut; New York, New York; or Chicago, Illinois. This is a hybrid role requiring at least three days per week in the office or onsite with clients. The position manages post-placement support activities for accounts and assists account team members. It involves proactively monitoring binding and post-binding activities to ensure timely compliance with quality standards, regulatory requirements, and established guidelines. The Reinsurance Assistant coordinates activities independently and works with internal and external stakeholders, including brokers, clients, and markets, to deliver efficient post-placement services.

Requirements

At least 3 years of experience in the Property Insurance or Reinsurance industry.
Solid knowledge of insurance or reinsurance concepts, contract wordings, and basic accounting principles.
Strong interpersonal, verbal, and written communication skills for interacting effectively with clients, reinsurers, and colleagues at various levels.
Excellent organizational and prioritization abilities, attention to detail, and capacity to manage multiple tasks efficiently.
Problem-solving skills, including the ability to identify issues, develop initial solutions, and escalate appropriately.
Proficiency in Microsoft Office applications.

Nice To Haves

Associate’s degree, along with relevant or transferable experience.
Associate in Reinsurance (ARe) designation.

Responsibilities

Review client and market correspondence for completeness and compliance with regulatory and quality requirements.
Obtain and verify client and market binding confirmations against binding documentation, and work with brokers to resolve discrepancies.
Process binding and final documentation for clients and markets, ensuring accuracy and compliance with client-specific accounting and platform requirements.
Obtain and review client policies, identify discrepancies, coordinate corrections with brokers and clients, obtain market approvals, and process endorsements or certificates as needed.
Coordinate placement changes during the term with brokers and markets to achieve satisfactory outcomes.
Maintain accurate, current placement files and ensure control documentation and records or forms are completed and stored according to policy.
Participate in team meetings and initiatives to share knowledge, improve services, and support adherence to best practices, compliance policies, and training requirements.