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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Broker

Full-TimeUpdated on 10/24/2026
No salary listed
Junior
Malvern, PA, USA
In PersonRole description says onsite in Malvern; Marsh policy expects at least three days per week in the local office or with clients.
InsuranceInsurance Sales & Agency
Company Does Not Provide H1B Sponsorship

About the job

Requirements
  • At least 2 years of commercial or professional lines insurance experience.
  • An active property and casualty license, or the ability to obtain one within 90 days of hire.
  • Strong coverage knowledge and the ability to analyze and compare forms, endorsements, and policy terms.
  • The ability to work independently while collaborating effectively with others.
Responsibilities
  • Build and maintain relationships with retail brokers, underwriters, and internal teammates.
  • Review submissions, assess exposures, and develop placement strategy.
  • Market accounts to appropriate carriers and negotiate pricing, terms, conditions, retentions, sublimits, and coverage enhancements.
  • Analyze quotes, binders, policies, exclusions, and endorsements, and communicate key coverage differences clearly.
  • Develop solutions for Cyber, Professional Liability, and Management Liability risks, including complex or difficult-to-place opportunities.
  • Support accounts from submission through binding, including follow-up on subjectivities and documentation.
  • Stay current on market conditions, underwriting appetite, and emerging trends affecting Cyber and Professional Liability insurance.
  • Strengthen broker relationships and contribute to new business and retention efforts.
Desired Qualifications
  • Experience in Cyber, Professional Liability, Management Liability, or related specialty lines.
  • Wholesale brokerage, excess and surplus lines, or underwriting experience.

About the company

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

N/A

Total Funding

N/A

Headquarters

New York, NY

Founded

1871

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Simplify Jobs

Simplify's Take

What believers are saying

  • Consulting drives growth: Mercer and Oliver Wyman's group grew 8% organically in the June 2026 quarter, versus 3% for broking.
  • Profits cushion jobs: Marsh kept about 27 cents of operating profit per sales dollar in 2025, before one-time costs.
  • Many career paths under one employer: 95,000+ colleagues span broking, reinsurance, benefits and strategy consulting in 130 countries.

What critics are saying

  • Expect cuts: Thrive, announced October 2025, sets aside $500 million, mostly severance and technology, to save $400 million yearly.
  • Pricing works against broking: Marsh's index shows commercial rates fell 6% in the June 2026 quarter, an eighth straight drop.
  • Back-office roles are being consolidated: a Business and Client Services unit is pooling operations and technology teams company-wide.

What makes Marsh & McLennan unique

  • Consulting is a third of the business: Mercer and the Oliver Wyman group earned 36% of 2025 revenue.
  • Investment management sets it apart: Mercer is the world's largest outsourced chief investment office, running portfolios for institutions.
  • Scale sets it apart: 2025 revenue grew 10% to $27.0 billion across broking, reinsurance and consulting.

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