Placement Specialist - Global Risk Management Property - Marsh - Washington D.C.-WAS000F7
Description
As the world's leading insurance broker and risk advisor, Marsh is devoted to finding the opportunity in risk. Companies look to us to help them navigate the daunting global risk landscape, seeing risks others don't and unlocking opportunities others can't. With 22,000 employees and annual revenues approaching $5 billion Marsh serves more clients in more industries worldwide than any firm in our industry. We are looking for talented professionals to join our team.

We are seeking a Placement Specialist in our Property Group.


Specific Responsibilities:



Client:

* In conjunction with client advisors and clients, utilizes risk expertise and knowledge of industry and carriers to develop placement solutions that meet client needs.
* Based upon the "assist, advise, and assume" transaction model, submits coverage specifications and obtains quotes from carriers. Binds coverage and is responsible for the accuracy of placement binders.
* Builds and maintains relationships with practice, insurance markets, and clients. Develops strong working relationships with carriers and/or underwriters.
* Acts as the primary source of information concerning market conditions, including pricing trends, coverage grants, and other underwriting parameters.
* For those designated as an Industry or Product Specialist, works within and across the zones and with MIP when appropriate to support sales and drive/support the associated placement.
* Keeps abreast of changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.
* Supports and assists in the development of new insurance and risk solution products in conjunction with client advisors, clients and underwriters.

Financial:

* Works closely with client executives and client teams to support client retention and new business production.
* Articulates the value of placement function and participates within Pricing of Services as applicable.

Colleague Capability:

* Ensure that colleagues are cross-trained to develop transaction expertise within the zones.
* Responsible for performance management for assigned colleagues.

Process:

* Utilizes the network of Marsh resources to develop and implement effective risk solutions.
* Adheres to Marsh Compliance and Transparency Standards.
* Adheres to Marsh Professional Standards.
* Adheres to utilization of applicable IT applications and related business processes.


Qualifications

Qualifications:

* Holds a bachelor's degree, or equivalent work experience.
* Experienced in the specific product line or specialty group.
* Holds a valid Broker's license and other non-resident or Excess and Surplus licenses where appropriate.
* Possesses strong knowledge of insurance and capital markets as well as carriers and their ability to underwrite certain risks.

Job
Placement/Broking
Primary Location
US-DC-Washington
Schedule
Full-time
MMC and its Affiliates
are equal opportunity employers