Senior Placement Specialist - Medical Professional Liability
MMC

New York, New York

Posted in Consultancy

$140,100.00 - $298,900.00 per year


Job Info


We are seeking a talented individual to join our Medical Professional Liability team at Marsh. This role will be based in NYC or Chicago. This is a hybrid role that has a requirement of working at least three days a week in the office.

Join a dynamic team at the forefront of risk management, where your expertise will play a crucial role in delivering top-tier broking and strategic solutions for a world leader in the industry. As a key member of our best-in-class placement team, you'll build and nurture relationships with underwriters, ensuring the seamless management of insurance programs that empower businesses to thrive with confidence. Your contributions will make a tangible impact, helping individuals and organizations achieve greater safety and success. Here, you can forge a meaningful career that truly matters. Take the lead on complex placements and technical support for major accounts, ensuring procedural compliance and accuracy in contract execution.

If you're ready to make a difference and elevate your career in a collaborative environment, we want to hear from you!

We will count on you to:

  • Devises the go-to-market strategy, advocates for the value of placement function and participates within pricing of services as applicable.
  • Instructs the submission of coverage specifications and obtains quotes from carriers based upon the "assist, advise, and assume" transaction model
  • Consults with client executives and client teams to support client retention and new business production
  • Inspects the binding of coverage and is responsible for the accuracy of placement binders
  • Masters a detailed understanding 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
  • Formulates Placement strategy by utilizing substantial risk expertise and knowledge of industry and carriers to develop solutions that meet difficult client needs

What you need to have:
  • 10+ years industry experience and success working collaboratively in a matrix team environment
  • Casualty experience lines needed along with medical professional liability related experience.
  • Strong problem solving including critical thinking and communication skills
  • P&C license, or ability to obtain

What makes you stand out?
  • Outstanding Consultation skills to manageme on complex client issues or trends through clear and concise communication and participates in development of solutions.
  • Superior knowledge of market risk issues, insurance brokerage, account management, servicing and sales skills
  • Ability to drive and build relationships with practice, insurance markets, clients, carriers and/or underwriters to provide cohesive client service.

Why join us?
  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world's top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow 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 reasonableaccommodations@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.

The applicable base salary range for this role is $140,100 to $298,900.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.



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