Associate I - Broking
MMC

Job Info

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Our Mortgage Credit team helps clients explore the opportunities within the credit risk transfer (CRT) market. As reinsurers seek to profitably grow, CRT represents one of the most compelling value propositions in today's market.

The Mortgage Credit team is seeking candidates for the following position located in Philadelphia or New York.

What to expect:

• You will be responsible for supporting the execution of the client's go to market strategy and delivering the value of GC's products and services appropriate to that treaty/ business unit need in manner consistent with our firm's Global Mission Statement with the particular client.
• You will coordinate efforts with the AE in order that the transaction is aligned with the overall engagement.

You will be relied upon to:

• Analyze risks and assists with developing solutions for clients' needs.
• Assist with responding to client queries and concerns, resolving issues promptly in order to maintain client satisfaction.
• Support and assists in the design, development, and marketing of new brokerage products and programs to win new projects.
• Assist more senior level Brokers on more complex client assignments.
• Demonstrate proficient awareness of market conditions to better serve clients and inform more junior Brokers on market trends.
• Assess contract documents and bond forms, as well as banking terms and conditions.
• Assess and explain for the Client the terms and conditions of General Agreement of Indemnity required to be executed by Clients to support all surety transactions.
• Assess financial statements for all industries with specific knowledge of each industries unique financial metrics.

What you need to have:

• Bachelor's Degree is required.
• 3 years related experience
• Thorough knowledge of insurance/reinsurance concepts and terms for developing and placing reinsurance programs, preparing placement slips and cover notes and drafting or amending new and existing contracts.
• Good interpersonal skills for establishing and maintaining good client, reinsurer and internal relationships.
• Good verbal and writing skills for complex communications (presentations, negotiations, etc.) with clients, markets and GC colleagues at many levels.
• Strong computer skills for using Microsoft Office (Excel, Word, PowerPoint).
• Ability to travel (including internationally), entertain, and attend meetings, up to 30% of the time.

GUY CARPENTER
Guy Carpenter & Company, LLC 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 Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 83,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit www.guycarp.com and follow Guy Carpenter on LinkedIn and Twitter @GuyCarpenter

Marsh & McLennan Companies and its Affiliatesare EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

#reinsurance #LI-KS1

The applicable base salary range for this role is $90,000 to $140,000.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

This job has expired.