We are seeking a talented individual to join our Broking Treaty Team. This role will be based in Edina, Minnesota . This is a hybrid role that has a requirement of working at least four days a week in the office. As part of our team, you will be responsible for reviewing risk analyses from junior Brokers and developing innovative solutions for complex client needs. You will work with clients and markets on complex programs and negotiate reinsurance transactions, ensuring prompt resolution of client and market queries to maintain satisfaction. Additionally, you will oversee the production of account documents and assist in identifying opportunities to win new clients and opportunities. This role involves handling assignments independently and collaborating with senior Brokers on larger client accounts.
We will count on you to:
- Review work from Junior Brokers and develop innovative solutions and approaches for client needs.
- Advise clients on moderately complex risks and negotiate transactions for clients.
- Respond to client queries and resolve issues promptly.
- Oversee the production of account documents and follow-up on documentation.
-Independently handle assignments and may also assist more senior-level Brokers in serving larger or more complex clients.
- Identify and pursue opportunities to win new clients and opportunities
- Establish and maintain strong relationships with reinsurers, clients, and colleagues.
-Demonstrate a broad knowledge of coverage lines, markets, and other more specialized products to better serve clients.
-Analysis of reinsurance contract documents.
-Assist the Client in understanding the terms and conditions of Reinsurance Contracts.
-May check financial statements for insurance and reinsurance industries with specific knowledge of unique financial metrics.
What you need to have:
- Broad knowledge of coverage lines, markets, and specialized products
- Strong analytical and problem-solving skills.
- Excellent communication and negotiation abilities.
What makes you stand out:
- Experience in reinsurance brokerage .(underwriter or broker)
- Familiarity with contract documents and financial statements
- Ability to educate clients on terms and conditions of Reinsurance Contracts.
Why join our team:
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 an impact on 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.
Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. 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 $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.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 $104,500 to $228,000.
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.