Placement Specialist

  • MMC
  • Vancouver, British Columbia, Canada
  • Jun 10, 2022

Job Description

As a global leader in insurance broking and risk management, Marsh helps clients succeed by defining, designing, and delivering innovative, industry-specific solutions to effectively manage risk.

We are looking for a Placement Broker to join our office in Vancouver.

What can you expect?
  • Use your P&C risk expertise, combined with industry and carrier knowledge, to instruct placement strategy and to develop placement solutions that meet complex client needs.
  • Manage a book of high profile, highly complex, insurance and risk management portfolios.
  • Join a tenured team of placement experts and noted industry leaders, known for their ability to deliver high-end, professional and technically strong brokerage services to clients across various industries.
  • Access to Marsh's word-class resources, training curriculum, and mentoring program.

What is in it for you?
  • A company with a strong Brand and strong results to match
  • Culture of internal mobility, collaboration and valued partnership with HR from the business.
  • Employee Resource Groups, which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations.
  • Competitive pay (salary and bonus potential), Full benefits package - starting day one (medical, dental, vision, STI/LTI, life insurance, generous retirement match AND contribution to our defined contribution plan).
  • Generous Parental Leave and Tuition Reimbursement plan per year.

We will count on you to:
  • Formulate Placement strategy by utilizing substantial risk expertise and knowledge of industry and carriers to develop solutions that meet difficult client needs.
  • Devise the go-to-market strategy, advocates for the value of placement function and participates within pricing of services as applicable.
  • Instruct the submission of coverage specifications and obtains quotes from carriers.
  • Consult with client executives and client teams to support client retention and new business production.
  • Inspect the binding of coverage and is responsible for the accuracy of placement binders.
  • Drive and build relationships with insurance markets, clients, carriers and/or underwriters to provide cohesive client service.
  • Master a detailed understanding of changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.
  • Lead complex placement/technical support activities on big accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required
  • Consult management on complex client issues or trends through clear and concise communication and participates in development of solutions
What you need to have:
  • Risk Management experience, an understanding of Risk concepts and strong technical knowledge
  • 5 + years insurance experience on the Broker or Insurer side
  • Broker License (or willingness to obtain)

What makes you stand out:
  • An in-depth knowledge of changing market conditions to contribute to the firm's body of knowledge within Placement
  • Multinational, International and complex account experience

Marsh is the world's leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US $17 billion and 76,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, gender identity or any other characteristic protected by applicable law.

In accordance with applicable legislation, Mercer will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual's particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact [email protected]