Reinsurance Placement Assistant

Marsh McLennan•Edina, MN

22h•$52,800 - $87,200•Hybrid

About The Position

The Reinsurance Placement Assistant coordinates placement support activities for assigned accounts, contributes to the creation, review, and assessment of data and related exhibits, and supports account team members onsite and remotely. The role monitors activities throughout the reinsurance placement process to help ensure compliance with quality and regulatory guidelines and to facilitate efficient pre-placement, placement, and post-placement services for brokers and clients. The position is based in Edina, Minnesota, and follows a hybrid schedule requiring at least three days per week in the office or onsite with clients.

Requirements

At least 3 years of professional or business work experience.
Strong Microsoft Excel skills, including data scrubbing, formulas, charts, graphs, VLOOKUP, MIN/MAX, COUNTIF, filters, and pivot tables.
Excellent interpersonal skills for building and maintaining relationships with clients, reinsurers, and internal teams.
Strong verbal and written communication skills and keen attention to detail in a fast-paced environment.
Proactive approach to identifying and anticipating recurring tasks, and 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 designations 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 using client data submitted during placement or renewal, and analyze 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 obtain 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 claims or premium issues, and facilitate contract negotiation.
Review and manage contract documents, ensuring executed documents are obtained and tracked appropriately.