Placement Strategy Manager

GB035 Mercer (UK) Limited; London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading benefits consultancy in London is seeking a Placement Strategy Manager to spearhead regional placement initiatives. This hybrid role involves managing strategic carrier relationships, leading analytics efforts, and supporting innovative portfolio solutions. Candidates must have strong analytical and project management skills along with proficiency in Microsoft tools. This position offers a collaborative and inclusive work culture.

Benefits

Professional development opportunities

Inclusive and vibrant culture

Career opportunity range

Benefits to enhance well-being

Qualifications

• Proficiency in Microsoft (Powerpoint, Word, Excel).
• Understanding of Group Life and Private Medical Insurance products.
• Experience in life and medical insurance market and/or broking.
• Ability to work with large quantities of data.

Responsibilities

• Lead regional placement strategy and feasibility assessments.
• Support development and innovation of portfolio solutions.
• Manage strategic carrier relationships and oversee contractual arrangements.
• Lead analytics initiatives to support claims data and service enhancements.

Skills

Analytical skills

Project management

Communication skills

Ability to manage change

Tools

Microsoft PowerPoint

Microsoft Word

Microsoft Excel

Job description

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We are seeking a talented and dynamic Placement Strategy Manager to join our Placement team at Mercer Marsh Benefits (MMB).

Based in London ideally, or any of our UK offices this is a hybrid role that has a requirement of working at least three days a week in the office.

Reporting to the Placement Leader, MMB UK this role will be responsible for leading regional placement initiatives aligned to MMB’s global and regional strategic and growth priorities. The specific focus areas of the role will vary from time-to-time, but key responsibilities are highlighted below.

We will count on you to:

Lead on regional placement strategy and feasibility assessment, design and implementation of placement models, best practices and target operating models, working with insurers and other providers.

Creation of a reliable and sustainable pool of carriers and solutions, balancing alignment with strategic carriers and broader market carriers/new entrants.

Lead on global placement strategy and initiatives.

Portfolio Solutions Strategy and BAU

Support new portfolio solution development and innovation—including Facilities (PPAs) and deals.

Support initiatives to deliver enhanced client value and MMB revenue through increased portfolio solution engagement; growth, retention and portfolio penetration; and yield management.

Strategic carrier relationship management

Drive and support placement and portfolio solutions strategy and development through carrier relationship building and management.

Review performance and document/evidence KPIs, R&D, MMB relationships and client service goals through carrier relationship management.

Negotiate and review revenue models (e.g. fees, commission etc) to optimise yield for MMB

Manage and oversee day-to-day carrier contractual arrangements and governance processes

Lead and/or support new product/service initiatives with insurers for MMB clients

Manage relationships with insurers and other carriers

Grow carrier network and develop new relationships

Data and analytics

Lead internal and carrier-focused placement and portfolio solutions data and analytics initiatives to support:

Claims data and service insights and enhancements

Regional leadership reporting and forecasting

Global placement/portfolio solutions reporting and forecasting.

Pricing trends

Medical inflation trends surveys

Collaborate with regional stakeholders to define and implement placement and portfolio solutions strategy and initiatives.

Collaborate with regional and global placement and portfolio solutions teams and functions to share knowledge, insights and best practice

Lead creation and implementation of optimised revenue models for MMB’s business units including Commercial and Corporate segments

Support consulting delivery team in implementation of placement models, analytics and inputs, including pricing and inflation models

Ad-hoc support for large, complex client engagements

What you need to have:

Proficiency in Microsoft (Powerpoint, Word, Excel)

Understanding of the Group Life and Private Medical Insurance products

Strong analytical skills

Ability to work with large quantities of data

Ability to manage change

What makes you stand out:

Experience in life and medical insurance market and/or broking

Ability to manage stakeholders at all levels

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.

Mercer Marsh Benefits helps clients manage the costs, risks and complexities of employee health and benefits, through the combined expertise of Mercer and Marsh, businesses of Marsh McLennan (NYSE: MMC). Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.Marsh McLennan 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at Marsh McLennan 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 McLennan 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.

Description:

We are seeking a talented and dynamic Placement Strategy Manager to join our Placement team at Mercer Marsh Benefits (MMB).

Based in London ideally, or any of our UK offices this is a hybrid role that has a requirement of working at least three days a week in the office.

Reporting to the Placement Leader, MMB UK this role will be responsible for leading regional placement initiatives aligned to MMB’s global and regional strategic and growth priorities. The specific focus areas of the role will vary from time-to-time, but key responsibilities are highlighted below.

We will count on you to:

Placement Strategy

Lead on regional placement strategy and feasibility assessment, design and implementation of placement models, best practices and target operating models, working with insurers and other providers.

Creation of a reliable and sustainable pool of carriers and solutions, balancing alignment with strategic carriers and broader market carriers/new entrants.

Lead on global placement strategy and initiatives.

Portfolio Solutions Strategy and BAU

Support new portfolio solution development and innovation—including Facilities (PPAs) and deals.

Support initiatives to deliver enhanced client value and MMB revenue through increased portfolio solution engagement; growth, retention and portfolio penetration; and yield management.

Strategic carrier relationship management

Drive and support placement and portfolio solutions strategy and development through carrier relationship building and management.

Review performance and document/evidence KPIs, R&D, MMB relationships and client service goals through carrier relationship management.

Negotiate and review revenue models (e.g. fees, commission etc) to optimise yield for MMB

Manage and oversee day-to-day carrier contractual arrangements and governance processes

Lead and/or support new product/service initiatives with insurers for MMB clients

Manage relationships with insurers and other carriers

Grow carrier network and develop new relationships

Data and analytics

Lead internal and carrier-focused placement and portfolio solutions data and analytics initiatives to support:

Portfolio insights/data quality

Portfolio solution developments/enhancements

Claims data and service insights and enhancements

Regional leadership reporting and forecasting

Global placement/portfolio solutions reporting and forecasting.

Pricing trends

Medical inflation trends surveys

Collaboration

Collaborate with regional stakeholders to define and implement placement and portfolio solutions strategy and initiatives.

Collaborate with regional and global placement and portfolio solutions teams and functions to share knowledge, insights and best practice

Lead creation and implementation of optimised revenue models for MMB’s business units including Commercial and Corporate segments

Support consulting delivery team in implementation of placement models, analytics and inputs, including pricing and inflation models

Ad-hoc support for large, complex client engagements

What you need to have:

Proficiency in Microsoft (Powerpoint, Word, Excel)

Understanding of the Group Life and Private Medical Insurance products

Strong analytical skills

Ability to work with large quantities of data

Ability to manage change

Good project management skills

Good communication skills

What makes you stand out:

Experience in life and medical insurance market and/or broking

Good communication skills

Ability to manage stakeholders at all levels

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.

Mercer Marsh Benefits

Mercer Marsh Benefits helps clients manage the costs, risks and complexities of employee health and benefits, through the combined expertise of Mercer and Marsh, businesses of Marsh McLennan (NYSE: MMC). Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.Marsh McLennan 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at Marsh McLennan 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 McLennan 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.