Insurance / Employee Benefits Placement Specialist

Company:

Marsh

Description:

We are seeking a talented individual to join our Placement team at Marsh. This role will be based in Madrid (Paseo de la Castellana). This is a hybrid role that has a requirement of working at least three days a week in the office.

Reporting to the Placement Leader, this role aims to develop and execute various initiatives to implement the Placement strategy defined for Marsh.

The chosen person will be responsible for negotiating with national and international insurance markets for insurance programs for clients and prospects, ensuring the best solutions that meet the specific needs of each client.

The Placement Specialist will work closely with the entire Marsh McLennan Group structure (particularly with the Client Management and Sales teams) to create the best value proposition for their clients.

We will count on you to:

• Define and implement a market strategy for each placement.
• Conduct detailed analysis of existing insurance programs, identifying improvement opportunities and recommendations for optimization.
• Negotiate the best solutions in terms of pricing, coverage, and limits with insurance markets.
• Develop close and trust-based relationships with insurance markets.
• Implement various initiatives that are part of the Placement strategic plan.
• Support and liaise with other internal teams by finding the best solutions for client needs, provide insights and recommendations for continuous improvement.
• Stay updated on market trends and best practices and share knowledge, information, and insights with the other teams/departments.

What you need to have:

• Proven experience of 3 to 5 years in the Insurance sector (Broker/Insurer), with a focus on the Employee Benefits area.
• Bachelor's degree in a relevant field.
• Strong knowledge of the insurance market, particularly in social benefits policies, including Health, Life, and Personal Accident Insurance.
• Fluent English level (minimum C1); knowledge of Spanish is considered a plus.
• Critical thinking and problem-solving attitude.
• Excellent negotiation and communication skills.
• Analytical skills with the ability to interpret data and communicate it in a clear way.
• Team-player, being able to collaborate with colleagues from different areas and hierarchical levels.

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 Risk is a business of Marsh (NYSE: MRSH), 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 about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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, or any other characteristic protected by applicable law. In accordance with Section 40.2 of the Royal Legislative Decree 1/2013, of 29 November, approving the Consolidated Text of the General Act on the Rights of Persons with Disabilities and their Social Inclusion, Marsh will provide a reasonable accommodation to employees and prospective employees up to the point of undue hardship as required for the individual’s particular restrictions and limitations.

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.