Analyst I - Placement

Marsh; Daerah Khusus Ibukota Jakarta; Hybrid; IDR 200.000.000 - 300.000.000; Full time

Job summary

Join Marsh's Placement team in Jakarta and play a key role in negotiating employee benefits insurance. This hybrid position requires collaboration with clients and the insurance market to tailor solutions that meet client needs. Bring your negotiation skills and analytical thinking to a leading global firm dedicated to innovation in risk management.

Benefits

Professional development opportunities

Supportive leaders

Vibrant and inclusive culture

Qualifications

• Minimum Bachelor's degree from any major.
• Minimum 3 years experience in employee health benefit insurance product.

Responsibilities

• Responsible for placement of employee benefits including negotiating insurance quotations.
• Conduct market research and prepare Request for Proposal (RFP) for insurance providers.
• Collaborate with account managers to understand client insurance needs.

Skills

Negotiation

Communication

Analytical Thinking

Problem Solving

Time Management

Attention to Detail

Adaptability

Education

Bachelor's degree

Job description

We are seeking a talented individual to join our Placement team at Marsh. This role is will be based in Jakarta, Indonesia. This is a hybrid role that has a requirement of working at least three days a week in the office.

In this role, you will be primarily responsbile for the placement of employee benefits, which includes negotiating insurance quotations, pricing, terms and conditions, and the services they propose. You will also handle any projects assigned by the team leader. Projects will primarily focus on employee benefits, there may be instances where projects relate to products or employee benefit technology, such as process improvements or new systems. You may be assigned as the point of contact for these projects.

We will count on you to:

Collaborate with account managers and clients to understand their insurance needs and risk profiles.

Conduct market research to identify potential insurers and coverage options that align with client needs.

Prepare and present the Request for Proposal (RFP) template to insurance providers.

Negotiate terms and conditions with insurers to secure optimal coverage for clients.

Develop and maintain strong relationships with insurance carriers.

Monitor market trends and changes to provide insight and advice to account managers.

Assist in reviewing the insurance handbook and insurance policy documents for clients.

Ensure compliance with regulatory requirements and internal policies.

Provide insurance proposal comparisons to the account manager according to the agreed timeline.

Prepare and share placement documents with insurance providers.

Collaborate with the operations team and account manager to ensure that the benefits and terms and conditions negotiated with insurers align with client requests and agreements.

Participate in and achieve insurance broker certification.

Be responsible for any projects in the MMB department assigned by the MMB Placement Leader.

What you need to have:

Minimum Bachelor’s degree from any major

Minimum 3 years experiences in employee health benefit insurance product

What makes you stand out?

Experience in an insurance company or insurance broker as an account manager, underwriter, or placement analyst

Negotiation skill, communication skills, analytical thinking, problem solving, time management, attention to detail and adaptability.

Insurance broker certification (APARI) is not mandatory, but candidates must agree to obtain this certification after joining.

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 is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, protect against — and recover from — the "what ifs" in life. In today’s increasingly uncertain global business environment, Marsh helps clients to survive and thrive.

We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world.

Since 1871 clients have relied on Marsh for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth. Our more than 30,000 colleagues work on behalf of our clients, who span industries, enterprises of all sizes, and include individuals, multinational organizations, and government entities worldwide.

We are a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. With 60,000 colleagues worldwide and annual revenue exceeding $13 billion (as of Dec. 31, 2015), Marsh & McLennan Companies also include global leaders Guy Carpenter, Mercer, and Oliver Wyman.

Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, protect against — and recover from — the "what ifs" in life. In today’s increasingly uncertain global business environment, Marsh helps clients to survive and thrive.

We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world.

Since 1871 clients have relied on Marsh for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth. Our more than 30,000 colleagues work on behalf of our clients, who span industries, enterprises of all sizes, and include individuals, multinational organizations, and government entities worldwide.

We are a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. With 60,000 colleagues worldwide and annual revenue exceeding $13 billion (as of Dec. 31, 2015), Marsh & McLennan Companies also include global leaders Guy Carpenter, Mercer, and Oliver Wyman.