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Reinsurance Specialist
Company | Marsh & McLennan |
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Location | Hopkins, MN, USA |
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Salary | $61300 – $103500 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Junior, Mid Level |
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Requirements
- 2+ years of professional experience in insurance, reinsurance, or risk management.
- Bachelor’s degree or equivalent work experience
- Proficient in Microsoft Office Applications (Word, Excel, PowerPoint) with strong attention to detail in task completion.
- Demonstrated ability to work effectively in a high-performance team and manage workload while meeting Client and Stakeholder expectations.
- Strong communication and negotiation skills, delivering clear messages, and promoting the Guy Carpenter brand.
- Capable of making sound judgments independently and providing effective solutions to problems while knowing when to escalate issues.
- Committed to mentoring colleagues and consistently delivering superior Client service.
Responsibilities
- Manage an assigned client portfolio, ensuring timely follow-up and accurate entry of reinsurance premiums and client activity.
- Collaborate with other departments to support collection and cash application initiatives as needed.
- Ensure timely settlement of funds to and from clients, adhering to all applicable payment warranties and conditions.
- Complete assigned tasks accurately and in accordance with Service Level Attributes (SLAs).
- Provide detailed information on client-specific accounting and claims activities to support sales opportunities.
- Build and maintain relationships with Brokers, Clients, and Markets to effectively resolve issues and queries.
- Actively participate in team meetings, sharing knowledge and contributing to outcomes while fostering strong working relationships.
- Support and mentor less experienced colleagues, collaborate on reinsurance developments, and participate in training sessions to enhance team capabilities.
Preferred Qualifications
- Proven track record in successful Client account and relationship management, with strong verbal and written communication skills for complex interactions.
- Familiarity with contract law, regulatory controls, and general business trends, along with previous knowledge of reinsurance and insurance concepts preferred.