VP/SVP, Broking

Company: Marsh & McLennan Companies
Location: Chicago
Posted on: January 27, 2023

Job Description:

Description:What to expect:

• There will be interesting, dynamic work and you will get exposure to a wide variety of clients, lines of business, and projects
• Impact & visibility - you will be in a client facing role with opportunities to meet with and present findings to client executives
• You will utilize a blend of your interpersonal skills as well as technical skills. There is a collaborative culture with opportunities to work across departments and to present internally and externally
• Manage all aspects of new, renewal and prospective business including the marketing and solicitation of accounts and the preparation/presentation of research, financial analysis, client and reinsurer presentations, budget and revenue exhibits, formal documentation execution, management of accounting/claims/contract issuesWhat's in it for you?
  • A company with a strong Brand and strong results to match.
  • Culture of internal mobility, collaboration and valued partnership throughout business.
  • Employee Resource Groups which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations.
  • Competitive pay (salary and bonus potential), Full benefits package - starting day one (medical, dental, vision, STI/LTI, life insurance, generous 401k match AND contribution.
  • After six months, eligible for up to $10k tuition reimbursement per year and participation in our Employee Stock Purchase Plan.
  • Entitled to 25 days of vacation, time off to give back to your community, ten sick days, and nine company holidays (with early dismissal).We will count on you to:
    • Develop and present new/renewal/prospective presentations to clients and reinsurers.
    • Produce new clients and design programs for them, establish relationships through meetings, exhibit professional skills, and entertain in order to generate revenue.
    • Oversee the timely production of appropriate account/program documents.
    • Liaise with Guy Carpenter service departments to ensure the proper level of client service and timely flow of business process.
    • Monitor the follow-up on contract documentation, ensuring the timely flow of materials.
    • Design new programs for clients' needs, placing business with client-approved reinsurers.
    • Respond to client queries and concerns, resolving issues promptly.
    • Establish and maintain strong relationships with reinsurers, clients, colleagues, and Marsh.
    • Manage expenses, time, services, etc. in order to maximize GC profits.
    • Document all external correspondence and telephone conversations in accordance with GC procedures, including where appropriate, GC Professional Standards guidelines, minimizing the potential for errors and omissions.
    • Maintain comprehensive knowledge of reinsurer capabilities (product lines, capacity, approvals, etc.), with the help of Market Information Department, Legal Department, and other departments as necessary.What you need to have:
      • Bachelor's Degree required.
      • Minimum 7 years broking experience with the ability to deal with moderately complex accounts and generate mid-sized clients.
        • Strong ability to:
          • Maintain compliance with professional standards, where applicable, as well as company-wide quality initiatives.
          • Address client needs by accessing and organizing resources.
          • Manage clients and help them address issues proactively.
          • Understand clients' business industry.
          • Work as part of a team to support clients' needs.
          • Handle significant workflow through efficient time management.
          • Challenge appropriately - supports case with facts and information.
          • Seek ways to streamline and improve current processes.
          • Assist in and play a role in client presentations.
          • Demonstrate commitment to clients and helps them address issues proactively.
          • Identify and develop solutions to potential problems in specialty.What makes you standout:
            • Reinsurance broking experience
            • Power BI / RGUY CARPENTER is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including , and . For more information, visit www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter Marsh McLennan and its Affiliates are EOE -Minority/Female/Disability/Vet/Sexual -Orientation/Gender Identity employers.#LI-KS1 #reinsurance

Keywords: Marsh & McLennan Companies, Chicago , VP/SVP, Broking, Executive , Chicago, Illinois