Full-Time

Senior Large Market Business Developer

Region Market Development

Posted on 8/28/2025

Marsh

Marsh

10,001+ employees

Global insurance brokerage and risk advisory

Compensation Overview

$212k - $318k/yr

+ Performance-based incentives

Chicago, IL, USA

Hybrid

Hybrid role requiring at least three days a week in the office.

Category
Sales & Account Management (1)
Requirements
  • 20+ years of large corporate business development experience
  • Articulation of your sales funnel
  • Ability to identify, research, profile, and prospect large and jumbo segment accounts
  • Experience in managing a prospect through a long tail sales cycle
  • Proven track record of meeting and exceeding sales goals
  • Ability to share 2-3 examples of large and jumbo account wins and verify with numbers
Responsibilities
  • Pursue an account list of approximately 40-50 prospects in the large and jumbo client space
  • Achieve sales goals by gaining large, high-yield accounts through referrals and frequent interactions with prospect executives
  • Apply highly developed market and internal service offering insights to sales cold calls to generate interest and engage potential clients
  • Create sales proposals and RFP responses which effectively address prospect needs and communicate Mercers value proposition
  • Develop and execute a multi-faceted pursuit plan to successfully increase market penetration with large and jumbo clients
  • Facilitate the sales process for large accounts; apply issue-led selling skills to understand account needs, lead the sales proposal, coach and engage pursuit team for finalist presentations, and manage the pricing and scope negotiation process through contract signature
  • Leverage an advanced understanding of all Mercer XLOB solutions and offerings to gain access and build relationships with prospects
  • Identify opportunities and work across MMC businesses to present the collective value of our products and solutions to prospects
  • Partner with local business leaders to develop and execute on a market sales strategy
Desired Qualifications
  • Impressive record of new logo and expanded revenue growth, particularly in the large and jumbo client segment
  • Demonstrated success in engaging prospects, strengthening relationships, and closing sales in a virtual world
  • Strong network and ability to gain access to C-suite level executives at large and jumbo clients
  • Active member of relevant professional, industry, and regional business organizations
  • Attends, contributes to, and plans business association seminars and conferences

Marsh is a diversified professional services firm that helps clients manage risk, secure insurance, and design risk-transfer programs. Its core work combines risk advisory with insurance brokerage, acting as a buyer of coverage and placing policies across multiple underwriters. It includes Mercer (HR consulting), Guy Carpenter (reinsurance brokerage), and Oliver Wyman (management consulting) under a holding structure. Its goal is to lower clients' financial risk and total cost of risk by combining risk transfer with advisory and consulting services across insurance, reinsurance, HR, and business strategy.

Company Size

10,001+

Company Stage

Seed

Total Funding

$110K

Headquarters

New York City, New York

Founded

1871

Simplify Jobs

Simplify's Take

What believers are saying

  • Mercer consulting revenue grew 11% in Q1 2026, outpacing traditional brokerage and driving higher margins.
  • EMEA division surged 14.1% year-over-year in Q1 2026, signaling strong European and emerging market expansion.
  • Niche insurance products like Port Blockage Insurance and Micassure capture underserved segments as commoditization pressures traditional lines.

What critics are saying

  • Aon's $13B Willis Towers Watson acquisition enables aggressive pricing that erodes Marsh's 30% global brokerage share.
  • Guy Carpenter's 2% organic growth in Q1 2026 trails Arthur J. Gallagher's 15% YoY, signaling reinsurance market share loss.
  • Sentrisk AI platform faces class-action lawsuits alleging misuse of client supply chain data for competitive intelligence.

What makes Marsh unique

  • Sentrisk AI platform maps supply chains with geospatial satellite imaging, uniquely addressing geopolitical and climate risks.
  • Holding company structure enables separately managed businesses: Marsh, Mercer, Guy Carpenter, Oliver Wyman.
  • Broker-as-advisor model since 1905 spreads client risk across multiple underwriters, not single insurers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Sick Leave

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Professional Development Budget

Tuition Reimbursement

Mental Health Support

Paid Holidays

Company News

Smartbroker Holding AG
Jul 28th, 2025
Mitsubishi Electric to Transfer Shares of Insurance Subsidiary to Marsh Japan

28.07.2025 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has concluded a share transfer agreement under which it will transfer shares of its Tokyo-based subsidiary Mitsubishi Electric Insurance Service Co., Ltd. to Marsh Japan, Inc. on ...

Coverager
Aug 28th, 2024
Marsh Launches Port Blockage Insurance

Marsh <i class="fa fa-info-circle company-popover" data-content="h3Marsh/h3. div. table

Business Wire
May 16th, 2024
Marsh Mclennan Stockholders Re-Elect Board Of Directors During 2024 Meeting

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, today announced the results of its 2024 Annual Meeting of Stockholders. Stockholders elected the entire slate of 2024 director nominees for a one-year term expiring at next year’s annual meeting. The 11 directors are: Anthony K. Anderson, John Q. Doyle, Oscar Fanjul, H. Edward Hanway, Judith Hartmann, Deborah C

Coverager
May 9th, 2024
Marsh Introduces Micassure

Marsh <i class="fa fa-info-circle company-popover" data-content="h3Marsh/h3. div. table

Coverager
May 2nd, 2024
Marsh Launches Sentrisk

Marsh <i class="fa fa-info-circle company-popover" data-content="h3Marsh/h3. div. table

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