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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 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

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