Insurance Risk Management Specialist

5 Hours ago • 1 Years + • Risk Management

Job Summary

Job Description

This is an entry-level hybrid role at Marsh in Boston, MA, for an Insurance Risk Specialist within the Insurance Risk Management Department of a large real estate investment advisory firm. The role involves preparing insurance renewal materials, managing property and casualty insurance programs, supporting due diligence for real estate acquisitions, assisting asset managers with insurance inquiries, and administratively supporting claims management. It also includes reviewing third-party coverages.
Must have:
  • Prepare materials and gather data for insurance renewals, assisting with procurement.
  • Manage administration for master property and casualty insurance programs.
  • Support due diligence on new real estate acquisitions related to insurance risk management.
  • Support asset managers with insurance-related inquiries and budgets.
  • Administratively support the claims management process.
  • Manage coverage reviews of third parties, including borrowers and joint venture partners.
  • Bachelor's degree.
  • 1+ year of P&C insurance coverage experience in risk management, brokerage, or insurer capacity.
  • Working knowledge of insurance coverages.
  • Strong analytical and quantitative skills.
  • Proficiency in Excel and PowerPoint.
Good to have:
  • 1+ year of commercial P&C insurance experience.
  • Ability to work both independently and collaboratively in a fast-paced environment.
  • Highly organized with strong attention to detail.
  • Ability to manage multiple projects simultaneously.
  • Excellent written and verbal communication skills.
  • Ability to craft clear and compelling materials.
Perks:
  • Professional development opportunities.
  • Interesting work and supportive leaders.
  • Vibrant and inclusive culture.
  • Opportunity to work with talented colleagues.
  • Create new solutions and have impact for colleagues, clients and communities.
  • Range of career opportunities.
  • Benefits and rewards to enhance well-being.

Job Details

Company:

Marsh

Description:

We are seeking a talented individual to join our team at Marsh. This role will be based in Boston, MA. This is a hybrid role that has a requirement of working at least three days a week in the office.

This position is for an entry-level professional as an Insurance Risk Specialist, who is looking to work in the Insurance Risk Management Department at a large real estate investment advisory firm.

We will count on you to:

  • Prepare materials, gather data for insurance renewals and assist with the procurement process
  • Manage administration for master property and casualty insurance programs
  • Support the due diligence process on new real estate acquisitions related to insurance risk management
  • Support asset managers with insurance-related inquiries and budgets
  • Administratively support the claims management process
  • Manage coverage reviews of third parties including borrowers of debt investments and joint venture partners of equity investments

What you need to have:

  • Bachelor's degree required
  • 1+ year of P&C insurance coverage experience in a risk management, brokerage, or insurer capacity.
  • Working knowledge of insurance coverages is required
  • Strong analytical and quantitative skills with proficiency in Excel and PowerPoint

What makes you stand out:

  • 1+ year of commercial P&C insurance experience
  • Ability to work both independently and collaboratively in a fast-paced environment
  • Highly organized with strong attention to detail and the ability to manage multiple projects simultaneously.
  • Excellent written and verbal communication skills, with the ability to craft clear and compelling materials

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.

#LI-JG3

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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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