Hybrid Reinsurance Placement Specialist

Internationalinsuranceprofessionals; Edina (MN); Hybrid; USD 53,000 - 87,000; Full time

Job summary

Marsh in Edina, Minnesota is seeking a qualified professional to coordinate placement support activities for assigned accounts within a hybrid work model requiring three days in the office.

The role involves reviewing renewal exhibits, using company systems to manage submissions and quotes, tracking placement status, and communicating with clients and markets to ensure timely, accurate service throughout pre-, during, and post-placement phases.

Qualifications

• 3+ years of professional/business work experience.
• Strong MS Excel skills, including data scrubbing, formulas, charts, graphs, VLOOKUP, MIN/MAX, COUNTIF, filters, pivot tables.
• Excellent interpersonal skills for building and maintaining relationships with clients, reinsurers, and internal teams.
• Strong verbal and written communication skills, with a keen attention to detail in a fast-paced environment.
• Proactive in identifying and anticipating recurring tasks, while effectively prioritizing workload based on volume and urgency.

Responsibilities

• Review and update annual renewal exhibits based on client data submitted during the placement/renewal process, providing analysis of trends and potential data issues.
• Learn and navigate company systems for setting up/renewing programs, creating submissions, selecting approved markets, and managing quotes and authorizations.
• Track the placement status of assigned accounts and follow up with brokers for necessary updates and information.
• Communicate with clients and/or markets during the placement process as needed.
• Draft and secure broker sign-off on renewal requests, marketing lists, placement updates, and post-placement communications using company templates and disclaimers.
• Assist brokers by researching financial statements, product lines, geographic exposures, and current reinsurance program information.
• Interface with other departments to provide client data for modeling, research claim or premium issues, and facilitate contract negotiation.
• Manage contract documents by reviewing and ensuring all executed documents are obtained and tracked appropriately.

Skills

Excel

Power BI

PowerPoint

Communication

Data analysis

Education

Bachelor's degree

CPCU

CLU

ARM

ARe

Tools

Power BI

Microsoft Office

Job description

Marsh in Edina, Minnesota is seeking a qualified professional to coordinate placement support activities for assigned accounts within a hybrid work model requiring three days in the office.

The role involves reviewing renewal exhibits, using company systems to manage submissions and quotes, tracking placement status, and communicating with clients and markets to ensure timely, accurate service throughout pre-, during, and post-placement phases.