Reinsurance Assistant

Marsh McLennan•Chicago, IL

3d•$64,400 - $106,400•Hybrid

About The Position

The Reinsurance Assistant manages post-placement support activities for accounts and assists account team members as needed. The role proactively monitors and prompts tasks during binding and post-binding to help ensure timely compliance with quality standards, regulatory requirements, and established guidelines. It coordinates activities independently and liaises with internal and external stakeholders—including brokers, clients, and markets—to facilitate efficient post-placement services. This is a hybrid role based in New York, Chicago, or Atlanta. The posting describes hybrid work and states that at least two days per week in the office are required for this role; it also states that Marsh colleagues are expected to be in their local office or onsite with clients at least three days per week. The applicable base salary range is $64,400 to $106,400. The base pay offered depends on factors such as experience, skills, training, location, certifications, and education. The position may also be eligible for performance-based incentives. Marsh offers health and welfare benefits, tuition assistance, 401(k) savings and other retirement programs, and employee assistance programs.

Requirements

At least 3 years of experience in the Casualty Insurance or Reinsurance industry.
Solid knowledge of insurance or reinsurance concepts, contract wordings, and basic accounting principles.
Strong interpersonal, verbal, and written communication skills to interact effectively with clients, reinsurers, and colleagues at various levels.
Excellent organizational and prioritization skills, attention to detail, and ability 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 preferred, along with relevant or transferable experience.
Associate in Reinsurance (ARe) designation is beneficial but not essential.

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, meeting accuracy, accounting, and platform requirements specific to clients.
Obtain and review client policies, identify discrepancies, collaborate with brokers and clients to resolve issues, obtain market approvals, and process endorsements or certificates as needed.
Coordinate placement changes during the term with brokers and markets to reach 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.