Associate II - Broking

Location
Edina - Minnesota
Workplace
Hybrid
Employment
Full-time
Compensation
$105k – $228k

About this role

Company:

Marsh

Description:

Associate II – Broking

We are seeking a talented individual to join the Broking team at Marsh as an Associate II – Broking. This role will support clients by analyzing risks, developing tailored insurance solutions, negotiating transactions, and managing relationships with clients, insurers, reinsurers, and colleagues.

The Associate II will independently manage assignments involving moderately complex risks while supporting senior Brokers on larger or more complex client needs.

We will count on you to:

  • Review risk analyses prepared by junior Brokers and develop innovative solutions for client needs.
  • Advise clients on moderately complex risks and negotiate transactions on their behalf.
  • Respond independently to client questions and concerns, resolving issues promptly.
  • Oversee the timely preparation and follow-up of account, program, and policy documentation.
  • Identify and pursue opportunities to win new clients and projects.
  • Independently manage assignments and support senior Brokers serving larger or more complex clients.
  • Build strong relationships with clients, insurers, reinsurers, and colleagues.
  • Apply knowledge of coverage lines, insurance markets, and specialized products to develop client solutions.
  • Review contract documents, bond forms, and banking terms and conditions as needed.
  • Educate clients on the terms and conditions of General Agreements of Indemnity supporting surety transactions.
  • Review financial statements and apply knowledge of industry-specific financial metrics.
  • Perform other job-related duties as assigned.

What makes you stand out?

  • Experience analyzing moderately complex risks and developing insurance solutions.
  • Knowledge of coverage lines, insurance markets, and specialized insurance products.
  • Experience with surety transactions, bond forms, or General Agreements of Indemnity.
  • Ability to analyze financial statements across multiple industries.
  • Experience building relationships with clients, insurers, and reinsurers.

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 talented colleagues work together to create solutions and make an impact.
  • Our scale enables us to provide a range of career opportunities, benefits, and rewards to support your well-being.

Marsh (NYSE: MRSH) is 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, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to 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 require an accommodation during the application or interview process, 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 $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.

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Benefits

  • Health and welfare benefits
  • Tuition assistance
  • 401k savings
  • Retirement programs
  • Employee assistance programs