Associate II - Underwriting

undefined ago • All levels

Job Summary

Job Description

This hybrid role at Marsh in Urbandale, IL, involves consulting with clients on insurance risk and providing tailored solutions. The Associate II will collaborate across departments, analyze complex submissions, and drive new business while maintaining client relationships. Key responsibilities include reviewing major submissions, conducting quality assurance for junior staff's calculations, handling policy issuance and account transactions, negotiating terms, and ensuring compliance with state regulations. The role also involves building relationships with carriers and brokers.
Must have:
  • Consult with clients on insurance risk and offer solutions
  • Review and analyze major submissions independently
  • Conduct quality assurance of insurance risk calculations from junior underwriting staff
  • Complete policy issuance, handle account transactions
  • Negotiate and obtain mutual agreement from clients, and bind coverage
  • Identify and obtain additional information required for proper risk analysis
  • Decline quotes by identifying loss predictions and forwarding recommendations
  • Review and analyze new submissions for context and requirements
  • Establish and maintain business relationships with carriers and brokers
  • Strong analytical and problem-solving skills with the ability to review complex insurance submissions
  • Excellent communication and negotiation abilities
  • Experience in policy issuance, account management, and risk analysis
  • Knowledge of state laws and regulations related to insurance ratings and quotations
Good to have:
  • Proven ability to identify and generate new business opportunities
  • Experience conducting quality assurance for underwriting or risk calculations
  • Strong relationship-building skills with carriers, brokers, and clients
Perks:
  • Professional development opportunities
  • Interesting work
  • Supportive leaders
  • Vibrant and inclusive culture
  • Opportunity to create new solutions
  • Impact for colleagues, clients and communities
  • Range of career opportunities
  • Benefits and rewards to enhance well-being
  • Hybrid work flexibility

Job Details

We are seeking a talented individual to join our team at Marsh. This role will be based in Urbandale, IL]. This is a hybrid role that has a requirement of working at least three days a week in the office. As a valued member of our team, you will play a key role in consulting with clients on insurance risk and providing tailored solutions. You will collaborate with colleagues across departments, analyze complex submissions, and help drive new business while maintaining strong relationships with existing clients. Our team is dedicated to delivering exceptional service and innovative risk management strategies. We will count on you to:

  • Consult with clients on insurance risk and offer solutions that best fit their needs and circumstances.
  • Review and analyze major submissions independently, identifying new business opportunities and maintaining a book of existing business.
  • Conduct quality assurance of insurance risk calculations from junior underwriting staff.
  • Complete policy issuance, handle account transactions, negotiate and obtain mutual agreement from clients, and bind coverage.
  • Identify and obtain additional information required for proper risk analysis, including cross-referencing with other departments.
  • Decline quotes by identifying loss predictions and forwarding recommendations.
  • Review and analyze new submissions for context and requirements, ensuring adherence to state laws and regulations for ratings and quotations.
  • Establish and maintain business relationships with carriers and brokers to negotiate terms and conditions and expand business with client accounts.

What you need to have:

  • Strong analytical and problem-solving skills with the ability to review complex insurance submissions.
  • Excellent communication and negotiation abilities.
  • Experience in policy issuance, account management, and risk analysis.
  • Knowledge of state laws and regulations related to insurance ratings and quotations.

What makes you stand out:

  • Proven ability to identify and generate new business opportunities.
  • Experience conducting quality assurance for underwriting or risk calculations.
  • Strong relationship-building skills with carriers, brokers, and clients.

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, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.

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.

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.

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About The Company

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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