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Marsh McLennan · 3 months ago

VP, Broking

Edina - Minnesota

Full-time

Hybrid

Mid, Senior Level

$104K/yr - $228K/yr

Guy Carpenter, a business of Marsh McLennan, is a leading global risk advisory and reinsurance specialist. The VP, Broking will be responsible for reviewing risk analyses, developing innovative solutions for complex client needs, negotiating reinsurance transactions, and overseeing the production of account documents while maintaining strong relationships with clients and reinsurers.

Financial ServicesProfessional ServicesService Industry

Responsibilities

Review work from Junior Brokers and develop innovative solutions and approaches for client needs

Advise clients on 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

Qualification

Reinsurance brokerage experienceMedical malpractice knowledgeContract document analysisAnalytical skillsNegotiation abilitiesCommunication skillsProblem-solving skills

Required

Broad knowledge of medical malpractice coverage lines, markets, and specialized products

Strong analytical and problem-solving skills

Excellent communication and negotiation abilities

Preferred

Experience in reinsurance brokerage (underwriter or broker)

Understanding of the risks associated with the healthcare industry, and specifically medical malpractice

Familiarity with contract documents and financial statements

Ability to educate clients on terms and conditions of Reinsurance Contracts

Benefits

Health and welfare benefits

Tuition assistance

401K savings and other retirement programs

Employee assistance programs

Company

Marsh McLennan

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Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.

Founded in 1871