Property Placement Specialist (Multiple Locations)

Company: Marsh and McLennan
Location: New York
Posted on: May 16, 2022

Job Description:

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. Marsh is seeking candidates for the following position aligned to one of our locations in New York NY, Philadelphia, PA or Boston, MA. We are also open to hybrid/remote work options as well. Property Placeme nt Specialist The Property Placement Specialist role with Marsh provides support to help our clients coordinate property solutions, manage accounts, obtain advice and administer plans. This role also ensures customer questions and issues are answered correctly and efficiently by documenting and identifying trends in customer service needs. In addition, the Placement Specialist will resolve and oversee customer issues surrounding consulting, information, and software services, solutions and products. This position is for a recognized subject matter expert in Placement, who manages large projects or processes. He or she helps create the Placement strategy and go-to-market strategy, and supports client retention. What can you expect?

• Formulates Placement strategy by utilizing substantial risk expertise and knowledge of industry and carriers to develop solutions that meet difficult client needs.
• 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.
• Drives and builds relationships with practice, insurance markets, clients, carriers and/or underwriters to provide cohesive client service.
• 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.
• Leads complex placement/technical support activities on big accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required
• Consults management on complex client issues or trends through clear and concise communication and participates in development of solutions --- What is in it for you?
  • Benefits like Medical, Dental, Vision, STD/LTD and Life Insurance, a generous 401k match and PTO allowance, Employee Stock Purchase program, and Tuition Reimbursement, with benefits starting Day 1
  • A culture of internal mobility, diversity, and inclusion, in a collaborative environment
  • A company-wide emphasis on Corporate Social Responsibility - all colleagues receive 8 hours of paid time off for volunteering, with the option to join our organized group activities
  • Opportunities to get involved with resource groups, guest speaker lectures, career development events, volunteering, social activities, and more
  • Flexible work opportunities to ensure a healthy work/life balance What makes you stand out?
    • Demonstrated ability to work collaboratively in a team environment
    • Property placement experience preferred
    • Ability to communicate with impact across all levels of the organization
    • Proficient knowledge of business systems & technology
    • 5+ years of specific product line and market experience
    • Property & Casualty License required
    • BA or BS preferred Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, and more fully understand the range of risks they face. We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world. To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration. Since 1871, clients have relied on Marsh for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth. Our more than 30,000 colleagues work on behalf of our clients, who are enterprises of all sizes in every industry, and include individuals, multinational organizations, and government entities worldwide. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. Visit for more information and follow us on LinkedIn and Marsh and its separately incorporated operating entities around the world are part of Marsh McLennan Companies, a publicly held company (ticker symbol: MMC). Marsh McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: Marsh McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

Keywords: Marsh and McLennan, New York , Property Placement Specialist (Multiple Locations), Other , New York, New York