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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Team Manager - Business Insurance

Full-TimeUpdated on 10/24/2026
No salary listed
Senior, Expert
Bachelor's
Sioux Falls, SD, USA+1 moreMore locations: Fargo, ND, USA
HybridHybrid work at either the Sioux Falls or Fargo office.
Insurance
Company Does Not Provide H1B Sponsorship

About the job

Requirements
  • At least 5 years of leadership or management experience in insurance, risk management, or a similar industry.
  • At least 5 years of experience with business or commercial insurance.
  • Ability to research regulatory issues using available resources and provide clients with clear, concise, accurate information and guidance.
  • Knowledge of technical underwriting.
  • Ability to maintain positive working relationships through professional conduct and communication with customers, clients, colleagues, and management.
  • Strong management and demonstrated team-building skills.
  • Ability to establish priorities and organize time efficiently to complete tasks by deadlines while maintaining integrity and confidentiality.
Responsibilities
  • Provide leadership and supervision to the Business Insurance Service team to support employee retention and talent development.
  • Execute departmental initiatives aligned with overall business strategies and objectives.
  • Support colleague development through training and quality assurance programs.
  • Participate in recruiting, hiring, and onboarding new colleagues.
  • Monitor and address employee workload and capacity, including book size, coverage hours, and time off.
  • Ensure compliance with corporate programs and policies, including paid time off, attendance, travel, and expense reimbursement.
  • Communicate regularly with employees through one-on-one sessions, team meetings, and departmental initiatives.
  • Work with staff to ensure agency management systems, files, and operational procedures are followed and maintained on time in accordance with quality standards.
  • Conduct annual performance and compensation reviews, develop personal development goals, and discuss career paths with colleagues.
  • Manage annual budgets and key performance indicators that reflect growth goals and business conditions and support strategic agency initiatives.
  • Promote knowledge sharing among employees on workflow, markets, products, legislative issues, and best practices.
  • Participate in ongoing leadership development training.
  • Participate in local and regional workgroups, provide feedback on trends and challenges, and communicate partnerships, strategies, and opportunities to local office teams.
Desired Qualifications
  • Bachelor's degree in business, risk management, or equivalent.
  • Property and casualty license.

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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