Reinsurance Placement Assistant

Guy Carpenter•Philadelphia, PA

11d•Hybrid

About The Position

Marsh Re is seeking a Reinsurance Placement Assistant based in Philadelphia, Pennsylvania. This hybrid position requires working in the office at least three days per week. The role coordinates placement support activities for assigned accounts and contributes to creating, reviewing, and assessing data and related exhibits. It supports account team members onsite and remotely while monitoring key activities in the reinsurance placement process to ensure compliance with quality and regulatory guidelines and to facilitate pre-placement, placement, and post-placement services for brokers and clients. The position reviews and updates annual renewal exhibits using client data, navigates company systems to set up and renew programs and manage submissions, markets, quotes, and authorizations, and tracks account placement status. It also supports broker and client communications, researches account and market information, coordinates with other departments on modeling and claim or premium issues, assists with contract negotiation, and manages executed contract documents.

Requirements

At least 3 years of professional or business work experience.
Advanced Microsoft Excel skills, including formulas, charts, and graphs.
Strong analytical abilities to interpret results and draw relevant conclusions for review by others.
Excellent interpersonal skills for building and maintaining relationships with clients, reinsurers, and internal teams.
Strong verbal and written communication skills and attention to detail in a fast-paced environment.
Proactive approach to identifying and anticipating recurring tasks, with the ability to prioritize workload based on volume and urgency.

Nice To Haves

At least 2 years of experience in a reinsurance intermediary firm, with a background in reinsurance underwriting support.
Bachelor's degree and/or relevant professional designation such as CPCU, CLU, ARM, or ARe.
Proficiency in Power BI and PowerPoint, with a strong orientation toward procedural compliance.

Responsibilities

Review and update annual renewal exhibits based on client data, analyzing trends and potential data issues.
Learn and use company systems to set up and renew programs, create submissions, select approved markets, and manage quotes and authorizations.
Track placement status for assigned accounts and follow up with brokers for updates and information.
Communicate with clients and/or markets during the placement process as needed.
Draft renewal requests, marketing lists, placement updates, and post-placement communications using company templates and disclaimers, and secure broker sign-off.
Research financial statements, product lines, geographic exposures, and current reinsurance program information to assist brokers.
Coordinate with other departments to provide client data for modeling, research claim or premium issues, and facilitate contract negotiation.
Review contract documents and ensure executed documents are obtained and tracked appropriately.