Company:Marsh Risk Description: Marsh is seeking candidates to join our Healthcare Placement team focused on medical professional liability based in our New York or Chicago office locations. This is a hybrid role that ha…
Skills: Medical professional liability, Insurance brokerage, Risk management, Account management, Negotiation
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$73k–$154k/yr
Full-time
bachelor degree
Health and welfare benefits, Tuition assistance, 401k savings, Retirement programs, Employee assistance programs
Posted 4d ago
~40 hrs/week
Responsibilities
The Associate Placement Specialist will develop and execute medical professional liability renewal strategies while negotiating coverage terms and managing client relationships. They are responsible for ensuring compliance with professional standards and supporting client retention through active participation in RFPs and coverage reviews.
Requirements
Candidates must possess a college degree and 3-6 years of relevant insurance industry experience. A Property & Casualty (P&C) license is required or must be obtained within three months of employment.
Full job description
Company:
Marsh Risk
Description:
Marsh is seeking candidates to join our Healthcare Placement team focused on medical professional liability based in our New York or Chicago office locations. This is a hybrid role that has a requirement of working at least three days a week in the office.
What can you expect:
Work in conjunction with Marsh’s healthcare client team to develop and execute medical professional liability renewal strategy, select (re)insurers to approach, negotiate broad coverage terms, produce and present program recommendations and complete documentation of all placement activities.
Foster relationships within your team, colleagues, clients, carriers to provide cohesive client service.
We will count on you to:
Consult management on complex client issues or trends through clear and concise communication and participate in development of solutions
Ensure client renewal transactions are compliant with professional standards.
Assist in special projects within team.
Consult with client executives and client teams to support client retention and new business production such as active participation in RFPs and coverage reviews
Coverage expertise to be able neg and drive optimal terms on behalf of our healthcare clients
Thorough review of all quotes, binders, and policies to ensure accuracy of coverage placed
Work towards:
A solid knowledge of market risk issues, insurance brokerage, account management, servicing, and sales skills
A detailed understanding of changing insurance and risk management market conditions
What you need to have:
College degree
3-6 years of insurance industry or relevant experience
P&C licensed, OR ability to obtain within 3 months of employment
Proficiency in Microsoft Office applications (e.g., Word, Excel, Power Point, Outlook) and the ability to learn proprietary applications/databases
What makes you stand out:
Medical professional liability experience
Ability to work in teams and cultivate relationships
Analytical thinker and problem solver
Intellectual curiosity and a growth mindset
Thrive and be motivated by an environment that embraces AI and technology-enabled tools.
Demonstrated leadership skills or has taken initiative within school, work and/or community
Attention to detail
Strong organizational/multi-tasking skills
Excellent oral and written communication skills
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 impact for 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.
Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.Marsh 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 [email protected].Marsh 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 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 $72,500 to $154,300.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.
Related keywords
Medical professional liabilityInsurance brokerageRisk managementRenewal strategyReinsuranceProperty & CasualtyP&C licenseMicrosoft WordMicrosoft ExcelMicrosoft PowerPointMicrosoft OutlookRFPClient retentionAccount managementCoverage reviewMarket risk
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Offices: 1166 Avenue of the Americas, New York, NY 10036, US
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