Marsh Management Services is the exclusive captive solutions division of Marsh Inc., which includes providing advice, implementation, management and actuarial services. Marsh Management Services is interviewing candidates for the following position based in the Bermuda office:

Insurance Executive

What can you expect?

The Insurance Executive is responsible for handling technical insurance and reinsurance matters of a portfolio of MMS clients, consisting primarily of but not limited to captive insurance entities. The senior role acts as the main contact and resource on all insurance related issues and matters to ensure the delivery of high quality service to clients, whilst providing technical insurance support to MMS team colleagues. He/she provides insurance monitoring and control, and ensures regulatory compliance. It is a consulting, advisory, and managerial position.

What is in it for you?

Being part of the Marsh McLennan businesses; a premier global brand with strong financial results.Competitive salary with full comprehensive benefits programs including: health insurance, life insurance, STD/LTD, generous pension contributions, employee assistance program, generous paid time off for vacation, sick, company holidays and time to give back to your community, volunteer opportunities, and other programs.Working with the most innovative and respected insurance colleagues in the industry
 

We will count on you to assist/manage:

Manages the insurance renewal process in a timely mannerIssues and inputs (re)insurance contracts, policy wordings and endorsementsLeads and provides strategic input into program structure, design, and analysisOversees claims processing and resolution reviews claimsEnsures regulatory complianceActs as Client Executive for certain clientsEstablishes and maintains good working relationships with clients, prospects, client teams, and colleaguesPartners with the Account teamsMonitors developments in the insurance, reinsurance, and captive marketplace and can speak to clients and prospects about matters that affect themInteracts with the regulator(s) to support chances to clients’ businessActs as a technical resource for MMS colleaguesPossesses technical ability to discuss regulatory updates with clientsNegotiates fees and conducts management agreement discussionsManage colleagues, as requiredBe a resource to teams who need insurance advicePerforms ither job-related duties as required
 

What you need to have: 

An internationally recognized insurance and/or risk management qualification, such as ACII, CPCU, CIRMMinimum of 15 years of (re)insurance experience, with at least 5 in Captive ManagementMinimum of 15 years of recent experience building relationships with customers in an Insurance Management and/or Client Services roleMinimum of 5 years of recent supervisory or management experience preferredExperience in the insurance regulatory environmentWorking knowledge of investment and insurance accountingAbility to provide training to Account Administrators and Insurance ManagersAbility to lead client and prospect meetingsAbility to research complex matters independentlyExcellent knowledge of local regulations and proceduresStrong knowledge of captive policy structuresProficiency with Microsoft Office SuiteAbility to manage own workload as well as work as part of a team – must be able to work well under pressureAbility to adapt to changing priorities and to multitask
 

Applicants may only apply via our website, www.marsh.com/us/careers.html.
 

CLOSING DATE: May 16, 2025
 

Marsh is a global leader in insurance broking and risk management, bringing global, national, and industry- specific solutions. 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 including: health, tuition assistance, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients.

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 $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 marsh.com, or follow on LinkedIn and X.

Marsh McLennan is committed to creating 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, or any other characteristic protected by applicable law.