Senior Placement Specialist

General Summary:

Works with Placement Team Leader for placement of a client's risk within the insurance and risk marketplace. Delivers marketing results to Client Team. Involved in communications and presentations with clients in collaboration with Client Team as needed.

Essential Functions:

  • Submits coverage specifications and obtains quotes from carriers, binds coverage and is responsible for the accuracy of programs they have bound
  • Develops strong working relations with carriers and or underwriters. Possess strong knowledge of insurance and risk marketplace including financial strength and risk appetite
  • Prepares client differentiation/marketing message for carriers/underwriters
  • Utilizing risk expertise and knowledge of industry and insurance market place, reviews clients' exposures and loss experience
  • Assesses needs of clients and develops solutions to risk situations., across complexity spectrum
  • Receives and analyzes quotes from carriers and provides analysis and recommendations to Client Team/Client (Segment Driven)
  • Co-ordination of Global Marketplace (Domestic, Bermuda, London, ROW, Bowring)
  • Works with Team to determine the impact of risk solution, and articulates the value to Client Team/Client (Segment driven)
  • Identifies and works with appropriate parties to resolves potential error and omission situations within product line
  • Keeps abreast of changing insurance and risk market conditions and informs Client Team/Clients (Segment driven) and carriers of major developments affecting various types of coverage
  • Understands casualty analytics inclusive of loss projections and collateral models
  • Identifies the need for new products and suggests innovative solutions to Client Team,/Client (Segment driven)
  • Supports and assists in the development of new products and provides input on pricing of services
  • Contributes to the firm's body of knowledge on product line by active participation in internal networks
  • Works closely with Client Team to support client retention and new business production
  • Responsible for issuing appropriate binding documents
  • Understands and complies with the Marsh Compliance and Transparency Standards

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