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Marsh McLennan · 1 day ago

D& O Placement Specialist

New York - 1166

Full-time

Hybrid

Mid, Senior Level

$92K/yr - $197K/yr

Marsh McLennan is the world’s top insurance broker and risk advisor, and they are seeking a D& O Placement Specialist to join their Placement team. This role involves leveraging risk expertise to design and execute placement solutions, supporting client retention and new business growth.

Financial ServicesProfessional ServicesService Industry

Responsibilities

Use significant risk expertise and knowledge of industry and carriers to develop placement solutions that align with client needs and objectives

Implement the placement strategy to achieve growth goals while delivering exceptional client service and supporting client retention and new business production

Develop the go-to-market strategy for assigned accounts, articulating the value of the placement function and contributing to pricing of services as applicable

Facilitate the submission of coverage specifications and obtain quotes from carriers based on the “assist, advise, and assume” transaction model, binding coverage and ensuring accuracy of placement binders

Create and maintain strong relationships with practice teams, insurance markets, clients, carriers and underwriters, advising on changing insurance and risk management market conditions and key developments affecting products and coverage

Drive senior placement and technical support activities on assigned accounts, including ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, and advising management on client issues or trends through clear and concise communication

Qualification

Insurance placement experienceInsurance marketsPlacement lifecycle managementAdvanced technical expertiseProfessional designationsRelationship managementCommunication skillsOrganizational skills

Required

Proven experience in insurance placement, broking, underwriting, or a related risk advisory role with exposure to complex commercial clients

Strong knowledge of insurance markets, products, and coverage, with the ability to interpret market conditions and explain implications to internal stakeholders and clients

Demonstrated ability to manage the placement lifecycle end-to-end, including marketing to carriers, securing terms, binding coverage, and ensuring documentation accuracy

Excellent relationship management, communication and organizational skills, with the ability to collaborate effectively with internal teams and external partners

Preferred

Advanced technical expertise in a relevant line of business or specialty area and experience leading placement strategy for complex or marquee accounts

Professional designations or progress toward relevant qualifications (e.g., insurance, risk management or related credentials)

Experience advising senior stakeholders on market trends and contributing to the development of placement strategies, solutions and best practices

Benefits

Health and welfare benefits

Tuition assistance

401K savings

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