Associate II - Broking- Lifesciences

Company:

Marsh

Description:

Associate Placement Specialist / Life Science Placement

We are seeking candidates with the following skills/attributes to join our team:

• Ability to work in teams and cultivate relationships
• Analytical thinker and problem solver
• Intellectual curiosity and a growth mindset
• Demonstrated leadership skills or has taken initiative within school, work and/or community
• Ability to handle multiple priorities in a fast-paced team environment
• Strong ability to forge relationships
• Attention to detail
• Strong organizational/multi-tasking skills
• Excellent oral and written communication skills
• Ideal candidate will be based in the NYM area and be in the office 3 days per week

In this role, we will count on you to:

• Handle your own renewal placements and have opportunities to work alongside a senior placement broker to handle more complex risks and placements as well as new business opportunities
• Develop and present a renewal strategy; ensure a completed submission and send to market; negotiate broad coverage terms; document all placement activities to ensure timely follow up by client, carriers and client team
• Inspect the binding of coverage and is responsible for the accuracy of placement binders
• Complete policy reviews and confirm policy language to support policy renewal process
• Build relationships within your team, colleagues, insurance markets, clients, carriers and/or underwriters to provide cohesive client service
• 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 our Client First Principles/ Standards and Best Practices
• Assist in special projects within team
• Consult with client executives and client teams to support client retention and new business production
• Maintain a solid knowledge of market risk issues, insurance brokerage, account management, servicing and sales skills. Have a a detailed understanding of changing insurance and risk management market conditions

What is in it for you

• Work in a dynamic and energetic team environment
• Fast pace, exciting and friendly culture
• Competitive compensation and time off
• Attractive flex benefits package (medical/dental/vision insurance, life insurance, retirement plan)

We would like you to have: 

• Minimum 3+ years of Life Science insurance industry experience
• Bachelor’s degree required
• P & C licensed preferred, OR able to obtain within 12 months of employment
• Proficiency in Microsoft Office applications (e.g., Word, Excel, Power Point, Outlook) and the ability to learn proprietary applications/databases

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, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. 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 marsh.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 $86,100 to $183,300.

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.