Risk Analyst - College Program 2027

Marsh McLennan•Boston, NY
•Hybrid

About The Position

Marsh Re is seeking an entry-level Risk Analyst for its reinsurance Broker career track. The role provides exposure to the reinsurance business and industry while developing communication, analytical, marketing, and sales skills. Risk Analysts support broking teams by analyzing client data, preparing reinsurance submissions, coordinating placement activities, assisting with client relationships and sales, and helping renew client reinsurance programs. They also contribute research and financial analysis, prepare presentations on industry trends and client options, and develop recommendations to meet client goals. The role includes training and a comprehensive curriculum focused on networking and collaboration, with development toward a future Account Executive role. The position is hybrid, based in one of the listed U.S. offices, and requires working in the office or onsite with clients at least three days per week. The salary range is $70,000–$82,000, depending on location.

Requirements

  • Be a fully matriculated student pursuing a bachelor's degree, with an expected graduation date of December 2026 or Spring 2027.
  • Have good computer skills using Microsoft Office, including Excel, Word, and PowerPoint.
  • Have legal authorization to work in the United States on a permanent and ongoing basis without sponsorship now or in the future.

Nice To Haves

  • Relevant work experience.
  • Strong interpersonal skills for establishing and maintaining relationships with clients, reinsurers, and 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 with renewing client reinsurance programs.
  • Provide brokers with research and analysis.
  • Regularly update brokers on issues and progress, and respond to requests for updates.
  • Help respond promptly to client queries and concerns and resolve issues.
  • Monitor accountings, including premium payments and loss collections, and anticipate and prevent problems when possible.
  • Assist brokers in reviewing contract documentation to ensure the drafter accurately captures placement terms and conditions.
  • Help produce contract documentation on time and follow up to ensure timely flow of materials.
  • Help schedule reinsurer audits and client visits.
  • Develop knowledge of reinsurer capabilities, including product lines, capacity, and approvals.
  • 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 about reinsurers, financial reports, and industry issues, coordinating with relevant departments and obtaining senior broker clearance.
  • Assist with client relationship management and sales efforts.
  • Organize and prepare presentations explaining industry trends, discussing client options, and recommending strategic solutions.

Benefits

  • Professional development opportunities.
  • Interesting work and supportive leaders.
  • A vibrant and inclusive culture with talented colleagues.
  • A range of career opportunities, benefits, and rewards to enhance well-being.
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