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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Credit Specialties Client Advisor - Energy & Power, Digital Infrastructure

Insurance Sales & AgencyUpdated on Nov 13
Full-time

About the Job

Requirements

  • A bachelor's degree in a financial field such as economics and/or mathematics is required; a master's degree is preferred.
  • At least 10 years of experience working in the finance, banking, or insurance industry in origination, distribution, broking, or underwriting.
  • Ability to work independently with minimal supervision and manage projects or processes from beginning to end.
  • Ability to influence others within and outside the job function regarding approaches and procedures.
  • Strong attention to detail, communication, interpersonal, and time management skills.
  • Strong Microsoft Office skills, especially Excel.
  • A Property and Casualty license is mandatory, or the ability to obtain one.

Responsibilities

  • Drive growth in the portfolio of bank clients within the Political Risk and Structured Credit Practice.
  • Act as the lead advisory colleague on medium-sized or moderately complex accounts, focusing on banks and their regulatory regimes.
  • Understand clients’ strategic priorities, risk strategies, and risk management needs to provide advice.
  • Review clients’ exposures using risk expertise and industry and insurance-market knowledge, develop solutions for complex needs, and recommend and seek cross-selling opportunities for additional products and services.
  • Present, develop, and execute renewal and placement strategies with Placement, Advisory Leaders, and Client Executives.
  • Receive, negotiate, and evaluate political risk and structured credit quotes from carriers, and present evaluations to clients.
  • Lead presentations to prospective clients, identify needs for new products, and develop or suggest solutions to win clients and projects.
  • Build and maintain client relationships and serve as the primary point of contact for more complex client needs.
  • Coordinate client deliverables, monitor delivery and invoicing, and ensure the quality of materials delivered.
  • Maintain in-depth knowledge of changing market conditions and contribute to the firm’s product-line knowledge through internal communication.
  • Understand client needs, identify risks, and structure solutions.
  • Gather and analyze relevant financial data and third-party and commodity-price data.
  • Develop materials for client presentations, internal and external sales efforts, and colleague training.
  • Conduct meetings with clients and internal colleagues to discuss exposures and solutions.
  • Administer electronic data and file storage, and distribute documentation to clients.
  • Review contracts; draft and amend insurance policies as appropriate; and identify potential pitfalls and improvements.

Desired Qualifications

  • A master's degree in a financial field such as economics and/or mathematics.

About the Company

Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company size
10,001+
Company stage
Not listed
Total funding
Not listed
Headquarters
New York, NY
Founded
1871

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