Risk Analyst - College Program 2027
About The Position
Marsh Re is seeking an entry-level Risk Analyst for its Broking team. The role is based in Boston, Chicago, San Francisco, Tampa, Philadelphia, Seattle, or New York, and follows a hybrid work arrangement requiring at least three days per week in the office. The position is part of the reinsurance Broker career track and offers exposure to reinsurance broking, client service, analytics, marketing, and sales. Risk Analysts help insurance-company clients identify and arrange reinsurance solutions, support broking placements and renewals, and develop toward an Account Executive role through training and practical experience. The Risk Analyst gathers and analyzes client data, prepares reinsurance submissions and presentations, supports brokers with research and financial analysis, and assists with client relationships and sales efforts. The role also involves coordinating placement activities, supporting contract documentation and account monitoring, learning reinsurer capabilities and compliance procedures, and helping brokers design solutions for client needs. The position includes a comprehensive development curriculum focused on networking and collaboration.
Requirements
- Be a fully matriculated student pursuing a bachelor’s degree, with an expected graduation date of December 2026 or Spring 2027.
- Good computer skills using Microsoft Office, including Excel, Word, and PowerPoint.
- Legal authorization to work in the United States permanently and on an ongoing basis without current or future sponsorship.
Nice To Haves
- Relevant work experience.
- Strong interpersonal skills for establishing and maintaining good relationships with clients, reinsurers, and internal colleagues.
- Strong analytical and quantitative skills.
- Strong written and verbal communication skills.
- Ability to work under pressure and meet deadlines.
- Ability to work flexibly as part of multiple teams and autonomously.
- Ability to manage changing priorities and a varied workload.
Responsibilities
- Collect and analyze data to build reinsurance submissions for client assignments.
- Assist in renewing reinsurance programs and provide brokers with research and analysis.
- Keep brokers updated on issues and progress, regularly and upon request.
- Assist in responding to client queries and concerns and resolving issues promptly.
- Help monitor accountings, including premium payments and loss collections, and anticipate or prevent problems where possible.
- Assist brokers with reviewing contract documentation to ensure the contract drafter accurately captures placement terms and conditions.
- Help produce contract documentation on time and follow up to ensure materials flow promptly.
- Assist with scheduling reinsurer audits and client visits.
- Maintain knowledge of reinsurer capabilities, including product lines, capacity, and approvals, with support from the Market Information Department and Market Reference Guide.
- Analyze client risk and develop and present recommendations.
- Develop broking and functional skills.
- Understand and follow best-practice procedures and compliance policies, complete required training, and raise questions or concerns.
- Build complete placement files as placements progress to minimize errors and omissions.
- Assist brokers in designing new programs to address clients’ unmet needs.
- Respond, as directed by a senior broker, to client requests for information such as reinsurer information, financial reports, and industry issues; coordinate with Market Information and other departments as needed and clear responses with the senior broker.
- Prepare presentations explaining industry trends, client options, and strategic recommendations.
- Support senior brokers with client relationship management and sales efforts, including market research and financial analysis for current and prospective clients.
- Develop through the Risk Analyst curriculum and support client and reinsurer communications and renewal of client reinsurance programs.
Benefits
- Professional development opportunities.
- Interesting work and supportive leaders.
- A vibrant and inclusive culture with talented colleagues and opportunities to create solutions and have impact.
- A range of career opportunities, benefits, and rewards intended to enhance well-being.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
