Placement Specialist at MMC in Chicago, Illinois

Job Description:

Customer and client expectations are constantly evolving. Companies are merging at historic rates. Technology is developing faster than the market can keep up with. So, what competitive advantage is left? The answer: People. At Marsh, our people are the only irreplaceable assets, the ones who will make the difference now and for years to come.


Marsh is seeking candidates for the following position based in the Chicago, TX office:



Placement Specialist




What to expect:

• Formulates Placement strategy by utilizing substantial risk expertise and knowledge of industry and carriers to develop solutions that meet difficult client needs.


• Devises the go-to-market strategy, advocates for the value of placement function and participates within pricing of services as applicable.


• Instructs the submission of coverage specifications and obtains quotes from carriers based upon the "assist, advise, and assume" transaction model.


• Consults with client executives and client teams to support client retention and new business production.


• Inspects the binding of coverage and is responsible for the accuracy of placement binders.

What is in it for you?

• Benefits like Medical, Dental, Vision, STD/LTD and Life Insurance, a generous 401k match and PTO allowance, Employee Stock Purchase program, and Tuition Reimbursement


• A culture of internal mobility, diversity, and inclusion, in a collaborative environment


• A company-wide emphasis on Corporate Social Responsibility - all colleagues receive 8 hours of paid time off for volunteering, with the option to join our organized group activities


• Opportunities to get involved with resource groups, guest speaker lectures, career development events, volunteering, social activities, and more


• Flexible work opportunities to ensure a healthy work/life balance

We will count on you to:

• Drives and builds relationships with practice, insurance markets, clients, carriers and/or underwriters to provide cohesive client service.


• Masters a detailed understanding of changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.


• Leads complex placement/technical support activities on big accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required

What makes you stand out?

• Commercial Insurance experience preferred


• 5+ years Commercial Insurance Industry experience preferred


• Bachelor's Degree in related field preferred


• P&C licensed preferred (or ability to obtain)

About Marsh



Marsh is the world's leading insurance broker and risk adviser. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and Twitter.


Marsh McLennan 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 TANA@mmc.com Apply Now