Risk Analyst - College Program 2027

Guy Carpenter•New York, NY

2d•$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. This role is designed to provide exposure to the firm's business and knowledge of the reinsurance industry, while developing key communications, analytical, marketing, and sales skills. The analyst will gain functional skills to coordinate broking placement activities, analyze client data, create reinsurance submissions, and assist in organizing presentations that explain industry trends, discuss client options, and recommend strategic solutions. The role also involves assisting senior brokers with client relationship management and sales efforts, providing market research and financial analysis, and developing competencies through a comprehensive curriculum focused on networking and collaboration. Ultimately, the Risk Analyst will learn all aspects of the industry and be trained for an Account Executive role.

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

Analyze client data and create reinsurance submissions.
Develop functional skills to coordinate all broking placement activities of the account.
Assist in organizing and preparing presentations which explain industry trends, discuss client options and recommend strategic solutions to meet client goals.
Assist the senior brokers with client relationship management and sales efforts.
Provide brokers with market research and financial analysis for current and prospective clients.
Develop competencies through a comprehensive and engaging curriculum centered around networking and collaboration.
Communicate with clients and reinsurers.
Help Marsh Re renew client reinsurance programs.
Collect and analyze data for building reinsurance submissions for client assignments.
Assist in renewing reinsurance programs.
Provide brokers with research analysis as needed.
Update Brokers on issues and progress 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 clients.
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.
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.