Reinsurance Assistant

Marsh

Chicago (IL)

Híbrido

USD 64.000 - 106.000

Jornada completa

Hace 6 días
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Descripción de la vacante

Marsh Re, part of Marsh & McLennan, seeks a skilled professional for our Chicago area team. This hybrid role requires in-office presence at least two days a week and offers exposure across New York, Chicago, and Atlanta markets.

You will review client and market correspondence, verify binding documents, and ensure accurate processing for client-specific accounting needs. A strong background in Casualty Insurance or Reinsurance is essential.

Formación

  • 3+ years of experience in the Casualty Insurance or Reinsurance industry with solid knowledge of insurance/reinsurance concepts, contract wordings, and basic accounting principles.
  • Strong interpersonal, verbal, and written communication skills to effectively interact with clients, reinsurers, and colleagues at various levels.
  • Excellent organizational and prioritization abilities, with strong attention to detail and capacity to manage multiple tasks efficiently.
  • Proficient problem-solving skills with the ability to identify issues, develop initial solutions, and elevate appropriately; proficient in Microsoft Office applications.

Responsabilidades

  • Review all client and market correspondence for completeness to ensure compliance with regulatory and quality requirements.
  • Obtain and verify client and market binding confirmations for accuracy against binding documentation; address and resolve any discrepancies with brokers.
  • Process binding and final documentation to clients and markets, ensuring accuracy and fulfillment of client-specific accounting and platform requirements.
  • Obtain and review client policies, identify discrepancies, collaborate with brokers and clients to rectify issues, obtain market approvals, and process necessary endorsements or certificates.
  • Manage placement changes during the term by coordinating with brokers and markets to achieve satisfactory outcomes for all parties.
  • Maintain accurate and up-to-date placement files, ensuring all control documentation and records/forms are properly completed and stored per policy.
  • Participate actively in team meetings and initiatives to share knowledge, improve services, and ensure adherence to best practices, compliance policies, and training requirements.

Conocimientos

Interpersonal skills
Verbal communication
Written communication
Organizational skills
Problem solving
Microsoft Office

Educación

Associate degree
ARe designation beneficial

Herramientas

Microsoft Office applications

Descripción del empleo

Company: Marsh

Description:

We are seeking a talented individual to join our team at Marsh Re. This role will be based in one of the following locations: New York, NY; Chicago, IL; or Atlanta, GA. This is a hybrid role that has a requirement of working at least two days a week in the office.

We will count on you to:
  • Review all client and market correspondence for completeness to ensure compliance with regulatory and quality requirements.
  • Obtain and verify client and market binding confirmations for accuracy against binding documentation; address and resolve any discrepancies with brokers.
  • Process binding and final documentation to clients and markets, ensuring accuracy and fulfillment of client-specific accounting and platform requirements.
  • Obtain and review client policies, identify discrepancies, collaborate with brokers and clients to rectify issues, obtain market approvals, and process necessary endorsements or certificates.
  • Manage placement changes during the term by coordinating with brokers and markets to achieve satisfactory outcomes for all parties.
  • Maintain accurate and up-to-date placement files, ensuring all control documentation and records/forms are properly completed and stored per policy.
  • Participate actively in team meetings and initiatives to share knowledge, improve services, and ensure adherence to best practices, compliance policies, and training requirements.
What you need to have:
  • 3+ years of experience in the Casualty Insurance or Reinsurance industry with solid knowledge of insurance/reinsurance concepts, contract wordings, and basic accounting principles.
  • Strong interpersonal, verbal, and written communication skills to effectively interact with clients, reinsurers, and colleagues at various levels.
  • Excellent organizational and prioritization abilities, with strong attention to detail and capacity to manage multiple tasks efficiently.
  • Proficient problem-solving skills with the ability to identify issues, develop initial solutions, and elevate appropriately; proficient in Microsoft Office applications.
What makes you stand out:
  • Associate's degree preferred, along with relevant or transferable experience.
  • Associate in Reinsurance (ARe) designation is beneficial though not essential

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 an impact on 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 (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.

Marsh 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 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.

The applicable base salary range for this role is $64,400 to $106,400.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum

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