Risk Analyst - College Program 2027

Marsh McLennan•Tampa, FL

1d•$70,000 - $82,000•Hybrid

About The Position

The Risk Analyst role is an entry-level position on the reinsurance Broker career track at Marsh Re. Brokers act as client advocates during reinsurance transaction negotiations and advise on risk mitigation techniques. Their financial broking expertise helps secure favorable terms for clients, and their advisory role influences C-suite decisions at insurance companies. As a Risk Analyst, you will gain exposure to the firm's business and the reinsurance industry, developing key communications, analytical, marketing, and sales skills. You will analyze client data, create reinsurance submissions, and coordinate broking placement activities. Additionally, you will assist in organizing and preparing presentations on industry trends, client options, and strategic solutions, and support senior brokers with client relationship management and sales efforts by providing market research and financial analysis. The role involves developing competencies through a comprehensive curriculum focused on networking and collaboration, and you will learn all aspects of the industry with training for an Account Executive role as your career progresses.

Requirements

Fully matriculated student pursuing a Bachelor's degree is required with an expected graduation date of December 2026 or Spring 2027
Good computer skills using Microsoft Office (Excel, Word, PowerPoint)
Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future

Nice To Haves

Relevant work experience is a plus
Strong interpersonal skills for establishing and maintain good client, reinsurer, and internal relationships
Strong analytical and quantitative skills
Strong written and verbal communication skills
Ability to work under pressure and to meet deadlines
Ability to work flexibly as part of multiple teams and autonomously
Ability to juggle changing priorities and varied workload

Responsibilities

Data collection and analysis in building reinsurance submission for client assignments
Assist in renewing reinsurance programs. Provide brokers with research analysis as needed
Update Brokers on issues, progress etc, regularly and upon request
Assist in responding to client queries and concerns, resolving issues promptly
Assist in monitoring accountings, (premium payments, loss collections, etc) anticipating and preventing problems when possible
Assist with broker review on contract documentation, ensuring contract drafter has accurately captured terms and conditions of placement
Assist in timely production of contract documentation and follow-up, ensuring timely flow of materials
Assist with scheduling of reinsurer audits and visits with client
Maintain comprehensive knowledge of reinsurer capabilities (product lines, capacity, approvals, etc) with the help of Market Information Department and Market Reference Guide
Analyze client risk and develop and present recommendations
Develop broking and functional skills
Understand all best practice procedures and compliance policies. When new procedures are provided, understand and adopt new procedures as rolled out, take required training and speak up with any question or concerns uncovered in your role at Marsh Re
Follow all best practice procedures and compliance requirements, including but not limited to building a complete placement file as the placement progresses to minimize errors & omissions
Assist brokers in designing new programs for clients’ unmet needs
Respond to client requests for information (reinsurer, financial reports, industry issues, etc), as directed by senior broker, coordinating with Market Information and other departments as necessary, and clearing with senior broker