VP, Broking - InsurTech

Company:
Guy Carpenter
Description:
Guy Carpenter's InsurTech Center of Excellence is a market-share leading practice that supports over 35 start-ups, digital insurers, and MGAs, and early stage re/insurers of all types in both risk capital and advisory arenas across North America. The Center of Excellence is further responsible for educating and advising all of Guy Carpenter's North American clientele on matters of technological advancement within the insurance vertical.
We are seeking candidates for the following position based in your New York City office.
What to expect:

• You will be responsible for servicing existing and producing new client relationships in both the insurance carrier and MGA arenas.
• The opportunity to quickly develop and manage a portfolio of client relationships which may otherwise take years to develop.
• You will demonstrate the following traits: strong listening and analytical skills, attention to detail, proactive problem solving, reinsurance analytics, and management of the sales process.

What's in it for you?

• Culture of internal mobility, collaboration and valued partnership throughout the business
• Engagement with wide variety of clients, from publicly traded insurers to start-up MGAs
• Employee Resource Groups that provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations
• Social Impact volunteering opportunities available for all colleagues through a network of colleague and business partnerships
• Competitive pay (salary and bonus potential), Full benefits package - starting day one (medical, dental, vision, STI/LTI, life insurance, generous 401k match AND contribution

We will count on you to:

• Embody a culture of client service and professionalism and be comfortable producing new client relationships over time
• Manage reinsurance placements from start to finish inclusive of post placement activities to address client needs outside of renewal activities.
• Assist in educating our clients in advancements in the insurance technology field
• Develop a rapport with clients to be viewed as a trusted advisor in all aspects of their business. Confidently present to clients on state of the market, reinsurance terms and conditions, and treaty analytics
• Liaise with contract wording departments to develop wording to address changes requested by clients
• Work with actuarial resources to develop renewal pricing strategies and guidance on portfolios of business
• Partner with accounting and claims department to ensure timely processing of premium payments and claims processing as well as promptly address any issues which may arise

What you need to have:

• 3 to 7 years' experience in underwriting/broking and/or reinsurance broking
• Bachelor's degree in Finance, Economics or Accounting
• Advanced MS Office skills, specifically a strong proficiency in PowerPoint & Excel
• Strong critical thinking skills in finance, economics and/or statistics

What makes you stand out?

• MBA degree
• Prior experience placing or advising early stage insurance company and/or MGA business
• Strong work ethic and a desire to learn in a fast-paced on-the-job environment

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 theareas of risk, strategy and people. The company's 85,000 colleagues advise clients in over 130 countries. With annualized revenue of over $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 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.
Marsh McLennan 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 McLennan 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.
#BSS #LI-KS1 #reinsurance #insurtech
The applicable base salary range for this role is $120,000 to $210,000.
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.