On-site Risk Analyst
MMC

Boston, Massachusetts

Posted in Consultancy


Job Info


Customer and client expectations are constantly evolving. Companies are merging at historic rates. Technology is developing faster than the market can keep up with. So what competitive advantage is left? The answer: People. At Marsh, our people are the only irreplaceable assets, the ones who will make the difference now and for years to come.

The Risk Insurance Analyst will work closely with the Vice President and Insurance Risk Manager. This is a position based onsite at one of our clients' offices in Boston, MA. The client's risk management group is responsible for advising the company in all aspects of insurance coverage and its commercial construction risk and for the placement and administration of global insurance programs.

What's can you expect:

  • Responsible for taking the lead role on thetriage of reported incidents, claims management, and resolution and assist the risk management team, in the day-to-day administration of clients insurance programs.
  • The position helps manage internal and external risk control and oversight of organizational vulnerabilities that could impact or otherwise adversely affect our clients and its tax-exempt pension fund clients.

What's in it for you?
  • A company with a strong brand and strong results to match.
  • Access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations.
  • Competitive pay (salary and performance bonus potential) and full benefits package - starting day one (medical, dental, vision, STI/LTI, life insurance, generous 401k match AND contribution).
  • Flexible work opportunities for work/life balance.
  • Tuition Reimbursement plan per year and participation in our Employee Stock Purchase Plan.

We'll count on you to:
  • Manage risk information system from incident intake and claims management, insurance renewal support, policy administration, and data management.
  • Monitor and administratively support the property, liability, and environmental claims management process and maintain a diary system for following up
  • Manage insurance program finances including premium allocations, premium invoicing, claim checks, premium refunds, and quarterly reconciliations with our insurance brokers
  • Provide support to asset managers, joint venture partners, lenders, property managers, leasing agents, buyers, sellers, and internal and external counsel with insurance-related requests and questions and by providing insurance certificates and other required documentation
  • Manage our third-party vendor services for claims, certificates of insurance, and various data platforms specific to the risk management team.
  • Assist with the placement of portfolio-wide property, liability, and environmental insurance programs by supporting the data collection and exposure analysis process.
  • Communicate with partners, borrowers, and lenders for assets insured outside the ARA insurance programs
  • Prepare presentation materials for internal and external meetings
  • Execute placement of national flood insurance policies
  • Oversee the loss control inspection process.

What you need to have:
  • Minimum 3+ years' experience in risk management, commercial insurance brokerages or insurance companies.
  • Bachelor's degree in risk management, business or related field
  • Demonstrated knowledge of property and casualty insurance coverage required.

What will make you stand out:
  • Real Estate knowledge
  • Strong user of Microsoft Excel, Word, Outlook and PowerPoint.
  • Experience working with Riskconnect

Marsh is the world's leading insurance broker and risk adviser. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law.

If you have a need that requires accommodation, please let us know by contacting TANA@mmc.com

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.



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