Reinsurance Assistant at Marsh

Hartford, Wisconsin, United States -

Full Time

Start Date

Immediate

Expiry Date

14 Mar, 26

Salary

106400.0

Posted On

14 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Post-Placement Support, Insurance Concepts, Reinsurance Concepts, Contract Wordings, Accounting Principles, Communication Skills, Organizational Skills, Problem-Solving Skills, Attention To Detail, Client Interaction, Broker Liaison, Regulatory Compliance, Documentation Management, Team Collaboration, Knowledge Sharing

Industry

Insurance

Description

Company: Guy Carpenter Description: We are seeking a talented individual to join our team at Guy Carpenter. This role will be based in one of these locations: New York; Chicago, IL; Hartford, CT; or Atlanta, GA. This is a hybrid role that has a requirement of working at least three days a week in the office. This role is responsible for managing all post-placement support activities for the account and providing assistance to account team members as needed. The incumbent proactively monitors and prompts key activities and tasks during binding and post-binding phases to ensure full and timely compliance with quality standards and regulatory requirements, following established guidelines. The role requires the ability to coordinate activities independently and to liaise effectively with internal and external stakeholders, including brokers, clients, and markets, to facilitate efficient and seamless post-placement services. We will count on you to: Review all client and market correspondence for completeness to ensure compliance with regulatory and quality requirements. Obtain and verify client and market binding confirmations for accuracy against GC binding documentation; address and resolve any discrepancies with brokers. Process binding and final documentation to clients and markets, ensuring accuracy and fulfillment of client-specific accounting and platform requirements. Obtain and review client policies, identify discrepancies, collaborate with brokers and clients to rectify issues, obtain market approvals, and process necessary endorsements or certificates. Manage placement changes during the term by coordinating with brokers and markets to achieve satisfactory outcomes for all parties. Maintain accurate and up-to-date placement files, ensuring all control documentation and records/forms are properly completed and stored per policy. Participate actively in team meetings and initiatives to share knowledge, improve services, and ensure adherence to best practices, compliance policies, and training requirements. What you need to have: 3+ years of experience in the Property Insurance or Reinsurance industry with solid knowledge of insurance/reinsurance concepts, contract wordings, and basic accounting principles. Strong interpersonal, verbal, and written communication skills to effectively interact with clients, reinsurers, and colleagues at various levels. Excellent organizational and prioritization abilities, with strong attention to detail and capacity to manage multiple tasks efficiently. Proficient problem-solving skills with the ability to identify issues, develop initial solutions, and escalate appropriately; proficient in Microsoft Office applications. What makes you stand out: Associate’s degree preferred, along with relevant or transferable experience. Associate in Reinsurance (ARe) designation is beneficial though not essential 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 an impact on 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. At Guy Carpenter, you can be your best. We work on challenges that matter with colleagues who help bring out our best. Our uniquely collaborative environment will empower you to focus on your personal and professional success, learning from top specialists in the (re)insurance industry and leading you towards a rewarding and impactful career. Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.com, or follow on LinkedIn and X. Marsh McLennan 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 reasonableaccommodations@mmc.com. Marsh McLennan 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 McLennan 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 $64,400 to $106,400. 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. Click here to return to the MMC Careers Site Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit mmc.com, follow us on LinkedIn and Twitter @mmc_global or subscribe to BRINK.

Responsibilities

The Reinsurance Assistant is responsible for managing all post-placement support activities and assisting account team members. This includes monitoring key activities during binding phases and ensuring compliance with quality standards and regulatory requirements.