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Marsh McLennan

Associate II - Placement

Posted 22 Days Ago
Be an Early Applicant
In-Office
Vancouver, BC, CAN
Mid level
In-Office
Vancouver, BC, CAN
Mid level
Support underwriting and delivery of construction project placement solutions by reviewing submissions, binding coverage, managing adjustments, maintaining accurate policy documentation and system entries, liaising with client teams and markets, and resolving account queries to meet retention and new business objectives.
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Company:Marsh

Description:

We are seeking a talented individual to join our Construction Placement team at Marsh. This role would be based in Toronto or Vancouver or additional locations. This is a hybrid role that has a requirement of working at least three days a week in the office, in line with Marsh’s hybrid working approach. In this role, you will support the underwriting and delivery of construction project portfolio solutions that meet client needs by partnering closely with client teams and insurance markets. You will apply strong technical underwriting knowledge and contribute to retention and new business outcomes through accurate, timely, and compliant placement activity.

We will count on you to:

  • Review and process new project applications and issue indications, quotes and reports as required.
  • Bind coverage and be responsible for the accuracy of policy documentation and transmittal
  • Manage extensions and final adjustments for ongoing project placements.
  • Develop proficiency with delegated underwriting authority and underwriting requirements.
  • Maintain quality controls and checking work for accuracy.
  • Create and maintain relationships with internal client service teams and insurance markets to provide cohesive client service.
  • Investigating and reconciling account queries.
  • Raising complex items to team leaders.

What you need to have:

  • Experience supporting placement activities, including submissions, marketing to carriers, and binding coverage, with strong attention to detail and accuracy.
  • Knowledge of insurance markets/carriers and the ability to apply risk and industry expertise to develop appropriate placement solutions.
  • Strong communication skills to interface closely with client executives and client teams in support of retention and new business production.
  • Ability to follow placement procedures and maintain accurate placement system entries.
  • High level of digital literacy, focusing on MS Word, Excel, Outlook and Teams.

What qualifications are necessary to have for the role?

  • Demonstrated ability to drive placement/technical support activities across all placements (e.g., procedural compliance, reviewing data, updating exhibits, maintaining accurate system entries).
  • Ability to communicate clearly and concisely and participate in developing solutions.
  • Strong organizational and analytical skills, with the ability to manage a large volume of placements, competing deadlines, prioritize effectively and adapt to changing needs

What makes you stand out:

  • Strength in building and sustaining relationships across practice teams and markets to deliver cohesive client service.
  • Experience in underwriting, particularly including Lloyd’s capacity and Coverholder arrangements
  • Technical underwriting knowledge of construction projects

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 the Accessibility for Ontarians with Disabilities Act, 2005, Marsh will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need, please contact [email protected].

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.

The applicable base salary range for this role is $83,800 to $133,800.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs as well as employee assistance programs.

This is a Replacement position.

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