Marsh & McLennan Companies

Junior placement broker

Marsh & McLennan Companies

155 N Wacker Dr suite 4250, Chicago, IL 60606, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Are you a driven and ambitious individual looking to kickstart your career in the world of finance? Look no further than Marsh & McLennan Companies! As a leading global professional services firm, we are seeking a Junior Placement Broker to join our dynamic team. In this role, you will have the opportunity to work alongside industry experts and gain hands-on experience in the placement of insurance policies for our clients. We are looking for a highly motivated individual with a strong work ethic and exceptional communication skills to join our team. If you have a passion for finance and a desire to learn and grow in a fast-paced environment, we want to hear from you!

  1. Conduct research and analysis to support the placement of insurance policies for clients.
  2. Collaborate with team members to gather necessary information and documents for insurance submissions.
  3. Communicate with clients, underwriters, and other stakeholders to negotiate and secure favorable insurance terms.
  4. Maintain accurate and organized records of insurance policies and related documents.
  5. Stay up-to-date on industry trends and market conditions to inform placement strategies.
  6. Assist in the preparation of reports and presentations to communicate placement results and recommendations to clients.
  7. Act as a liaison between clients and insurance carriers to address any issues or concerns.
  8. Participate in training and development opportunities to enhance knowledge and skills in finance and insurance.
  9. Comply with company policies and procedures, as well as industry regulations and standards.
  10. Contribute to a positive and collaborative team environment by supporting and assisting team members when needed.
Where is this job?
This job is located at 155 N Wacker Dr suite 4250, Chicago, IL 60606, USA
Job Qualifications
  • Bachelor's Degree In Business, Finance, Or A Related Field.

  • Excellent Communication And Interpersonal Skills, With The Ability To Build And Maintain Relationships With Clients And Underwriters.

  • At Least 1-2 Years Of Experience In The Insurance Industry, Preferably In A Brokerage Role.

  • Strong Analytical And Problem-Solving Skills, With The Ability To Interpret And Analyze Complex Insurance Policies And Contracts.

  • Knowledge Of Insurance Market Trends And Regulations, With The Ability To Stay Updated On Industry Developments And Changes.

Required Skills
  • Communication Skills

  • Market Research

  • Time Management

  • Negotiation skills

  • Attention to detail

  • Analytical Thinking

  • Risk assessment

  • Teamwork

  • Sales Experience

  • Client Relations

  • Insurance Knowledge

Soft Skills
  • Communication

  • Conflict Resolution

  • Customer Service

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Junior placement broker in 155 N Wacker Dr suite 4250, Chicago, IL 60606, USA is between $40,000-$60,000 per year. This may vary depending on the specific company, experience level, and performance of the individual.

Additional Information
Marsh & McLennan Companies is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedNovember 29th, 2024
Apply BeforeOctober 17th, 2025
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About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.

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