Marsh McLennan
Captive Advisory Consultant
With a dedicated team of over 600 professionals and five decades of industry-leading expertise, Marsh Captive Solutions is a trusted partner in captive management and risk financing. Our global presence and deep knowledge across 58 major captive domiciles empower us to deliver innovative solutions tailored to your unique needs. We promise extraordinary opportunities, world-class colleagues and the chance to make an impact. We are looking for a Captive Advisory Consultant to join the team. This will report into our US Captive Sales & Advisory Zone Leader. We will count on you to: Support and participate in initial discussions with clients on the utilization of captives Understand objectives for meeting and support the preparation of presentation materials Discuss client financial and operational objectives with senior consultant Identify key client data points to lead to identification of captive utilization opportunities and key considerations Review objectives of feasibility stage with senior consultant post discussion with client Draft project engagement documentation Develop decision tree on key captive utilization opportunities, value, and considerations Draft tailored scope of engagement Develop an action plan to determine timing, key steps, and responsible parties Estimate hours for the project and fee with project leader Data Collection Management Craft data request based on specific opportunities Determine what can be provided by Marsh versus what is needed from client Oversee the timely collection of data Construct Framework for Feasibility Studies (Applying Standard Template) Determine needed modifications and review basis for change with senior project lead Determine scenarios for modeling and review with the senior lead to confirm Run models and check for accuracy prior to peer review Draft executive summary highlighting key points per template requirements Set target dates for delivery of first and final draft for peer review (must be 5 business days prior to delivery to client) Manage the Preparation of Captive Formation Regulatory Application Documents Oversee the collection of the necessary data/ reports from service providers and clients Prepare the draft regulatory applications for peer review Coordinate the meeting with captive regulators and oversee the application submission Provide the incoming captive management team with all necessary background on the captive structure and client objectives Present Final Study to Client Review key points with senior lead for presentation to client of final report Compile and deliver final hard copy reports/ appendices to client prior to meeting Ability to Draft Response to RFPs for Captive Consulting and Management Services Determine subject matter to address per specific questions in RFP Draft response by deadline compiling appropriate sections and amend as needed What you need to have: A Bachelor's Degree in risk management, finance or accounting A minimum of 6 years of work experience in the insurance industry, preferably captive consulting or management, brokerage or underwriting What makes you stand out: Strong analytic skills and inquisitive Basic familiarity with navigating financial statements Solid written and communication skills Team oriented Strong time management skills Proficient in Excel, Word and PowerPoint Why join our team: We help you be your best through professional development opportunities, interesting work, and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being. 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 reasonableaccommodations@mmc.com.
With a dedicated team of over 600 professionals and five decades of industry-leading expertise, Marsh Captive Solutions is a trusted partner in captive management and risk financing. Our global presence and deep knowledge across 58 major captive domiciles empower us to deliver innovative solutions tailored to your unique needs. We promise extraordinary opportunities, world-class colleagues and the chance to make an impact. We are looking for a Captive Advisory Consultant to join the team. This will report into our US Captive Sales & Advisory Zone Leader. We will count on you to: Support and participate in initial discussions with clients on the utilization of captives Understand objectives for meeting and support the preparation of presentation materials Discuss client financial and operational objectives with senior consultant Identify key client data points to lead to identification of captive utilization opportunities and key considerations Review objectives of feasibility stage with senior consultant post discussion with client Draft project engagement documentation Develop decision tree on key captive utilization opportunities, value, and considerations Draft tailored scope of engagement Develop an action plan to determine timing, key steps, and responsible parties Estimate hours for the project and fee with project leader Data Collection Management Craft data request based on specific opportunities Determine what can be provided by Marsh versus what is needed from client Oversee the timely collection of data Construct Framework for Feasibility Studies (Applying Standard Template) Determine needed modifications and review basis for change with senior project lead Determine scenarios for modeling and review with the senior lead to confirm Run models and check for accuracy prior to peer review Draft executive summary highlighting key points per template requirements Set target dates for delivery of first and final draft for peer review (must be 5 business days prior to delivery to client) Manage the Preparation of Captive Formation Regulatory Application Documents Oversee the collection of the necessary data/ reports from service providers and clients Prepare the draft regulatory applications for peer review Coordinate the meeting with captive regulators and oversee the application submission Provide the incoming captive management team with all necessary background on the captive structure and client objectives Present Final Study to Client Review key points with senior lead for presentation to client of final report Compile and deliver final hard copy reports/ appendices to client prior to meeting Ability to Draft Response to RFPs for Captive Consulting and Management Services Determine subject matter to address per specific questions in RFP Draft response by deadline compiling appropriate sections and amend as needed What you need to have: A Bachelor's Degree in risk management, finance or accounting A minimum of 6 years of work experience in the insurance industry, preferably captive consulting or management, brokerage or underwriting What makes you stand out: Strong analytic skills and inquisitive Basic familiarity with navigating financial statements Solid written and communication skills Team oriented Strong time management skills Proficient in Excel, Word and PowerPoint Why join our team: We help you be your best through professional development opportunities, interesting work, and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being. 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 reasonableaccommodations@mmc.com.