Guy Carpenter
Reinsurance Broker, Portfolio Solutions/MGA
Guy Carpenter, Minneapolis, Minnesota, United States, 55400
Overview
Reinsurance Broker, Portfolio Solutions/MGA. We are seeking a driven, innovative and entrepreneurial Reinsurance broker to expand our Global Capital Solutions (GCS) team within the US. The role focuses on delivering strategic reinsurance solutions that drive enterprise value for insurers operating within the MGA distribution space & MGAs. This position can be based in any US office. This is a hybrid role that requires working at least three days a week in the office. The role involves placement and execution of bespoke reinsurance solutions primarily targeting clients within the US. Responsibilities
Prepare comprehensive market submission packs to effectively present client needs to insurers and markets. Analyze data and client information to support accurate and compelling placements. Identify suitable opportunities, negotiate terms, and place business with markets to benefit clients. Build and maintain strong relationships with key markets and insurers, fostering trust and ongoing collaboration. Assist with managing existing client accounts, including endorsements, mid-term changes, and mid-year market updates. Collaborate with internal teams and clients to understand their needs and ensure seamless placement processes. Stay informed about market trends, appetite changes, and emerging risks to advise clients and optimize strategies. Qualifications
Bachelors degree – Finance or Insurance Proven track record in reinsurance industry (7-10+ years of experience), demonstrating a strong understanding of reinsurance products, MGAs and Insurance & Reinsurance carriers that support MGAs Entrepreneurial spirit with propensity and skill set to identify market gaps and translate them into actionable opportunities Proficient with Information Technology, particularly Microsoft Office Products Collaborative mindset with ability to work effectively within team environment and leverage significant expertise of cross-functional colleagues Preferred/What makes you stand out
Demonstrates exceptional broking skills and proven market relationships in the (re)insurance market Holds a comprehensive understanding of the Managing General Agent (MGA) market Exhibits a creative and entrepreneurial mindset Thrives in a team-oriented environment, leveraging cross-functional expertise to develop bespoke reinsurance strategies and enhance the overall capabilities of the Global Capital Solutions team Why join our team
We support your development through opportunities, engaging work and supportive leaders. We foster a vibrant and inclusive culture with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables a range of career opportunities, as well as benefits to enhance well-being. Company: Marsh McLennan / Guy Carpenter. Marsh McLennan is committed to a diverse, inclusive and flexible work environment. If you require accommodation, please contact reasonableaccommodations@mmc.com. All colleagues are expected to be in their local office or onsite with clients at least three days per week. Base salary range:
$175,000 to $275,000. The base pay offered is determined on factors such as experience, skills, training, location, certifications, education, and applicable minimum wage requirements. In addition to base salary, this position may be eligible for performance-based incentives. A comprehensive total rewards package includes health and welfare benefits, tuition assistance, 401K and other retirement programs, and employee assistance programs. R_320776
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Reinsurance Broker, Portfolio Solutions/MGA. We are seeking a driven, innovative and entrepreneurial Reinsurance broker to expand our Global Capital Solutions (GCS) team within the US. The role focuses on delivering strategic reinsurance solutions that drive enterprise value for insurers operating within the MGA distribution space & MGAs. This position can be based in any US office. This is a hybrid role that requires working at least three days a week in the office. The role involves placement and execution of bespoke reinsurance solutions primarily targeting clients within the US. Responsibilities
Prepare comprehensive market submission packs to effectively present client needs to insurers and markets. Analyze data and client information to support accurate and compelling placements. Identify suitable opportunities, negotiate terms, and place business with markets to benefit clients. Build and maintain strong relationships with key markets and insurers, fostering trust and ongoing collaboration. Assist with managing existing client accounts, including endorsements, mid-term changes, and mid-year market updates. Collaborate with internal teams and clients to understand their needs and ensure seamless placement processes. Stay informed about market trends, appetite changes, and emerging risks to advise clients and optimize strategies. Qualifications
Bachelors degree – Finance or Insurance Proven track record in reinsurance industry (7-10+ years of experience), demonstrating a strong understanding of reinsurance products, MGAs and Insurance & Reinsurance carriers that support MGAs Entrepreneurial spirit with propensity and skill set to identify market gaps and translate them into actionable opportunities Proficient with Information Technology, particularly Microsoft Office Products Collaborative mindset with ability to work effectively within team environment and leverage significant expertise of cross-functional colleagues Preferred/What makes you stand out
Demonstrates exceptional broking skills and proven market relationships in the (re)insurance market Holds a comprehensive understanding of the Managing General Agent (MGA) market Exhibits a creative and entrepreneurial mindset Thrives in a team-oriented environment, leveraging cross-functional expertise to develop bespoke reinsurance strategies and enhance the overall capabilities of the Global Capital Solutions team Why join our team
We support your development through opportunities, engaging work and supportive leaders. We foster a vibrant and inclusive culture with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables a range of career opportunities, as well as benefits to enhance well-being. Company: Marsh McLennan / Guy Carpenter. Marsh McLennan is committed to a diverse, inclusive and flexible work environment. If you require accommodation, please contact reasonableaccommodations@mmc.com. All colleagues are expected to be in their local office or onsite with clients at least three days per week. Base salary range:
$175,000 to $275,000. The base pay offered is determined on factors such as experience, skills, training, location, certifications, education, and applicable minimum wage requirements. In addition to base salary, this position may be eligible for performance-based incentives. A comprehensive total rewards package includes health and welfare benefits, tuition assistance, 401K and other retirement programs, and employee assistance programs. R_320776
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