Associate II - Advisory

1 Month ago • All levels

Job Description

Marsh is seeking an Associate II - Advisory in Seoul, focusing on legal and contractual risks for Energy, Power & Construction clients. The role involves understanding client business strategies, providing advice on risk management, and handling project and finance document negotiations. Responsibilities also include reviewing Due Diligence reports, offering legal advice on insurance claims, and acting as a Power/Renewable Industry thought leader. The position requires close interaction with clients and in-country teams to support business retention and development, as well as training team members.
Must Have:
  • Act as lead advisory colleague focusing on legal & contractual risks for Energy, Power & Construction Clients.
  • Develop understanding of client business strategic priorities, risk strategies, and risk management needs.
  • Provide advice for design, negotiation, and execution of project contracts.
  • Utilize legal expertise and industry knowledge to review client exposures and loss experience.
  • Support clients in coordinating with lenders insurance advisors and reviewing Due Diligence reports.
  • Support clients with project lenders, including negotiation and execution of finance documents.
  • Support clients and Marsh claims handling team with legal advice in insurance claims.
  • Serve as a Power/Renewable Industry thought leader.
  • Assist and handle offensive and defensive broker tenders.
  • Interface with client executives and in-country teams for client retention and new business development.
  • Advise management on client issues or trends and participate in solution development.
  • Train and educate other team members in specific areas.
  • Link/align activities between construction, renewables, and operational power teams.
  • Attend events and conferences to represent Marsh.
  • Familiarity with various power/renewable energy technologies.
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
  • Range of career opportunities
  • Benefits and rewards to enhance well-being
  • Hybrid work flexibility

Add these skills to join the top 1% applicants for this job

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We are seeking a talented individual to join as Associate II - Advisory at Marsh. This role will be based in Seoul.

We will count on you to:

  • Acts as lead advisory colleague with an focus on legal & contractual risks for Energy, Power & Construction Clients and projects.
  • Develops an understanding of the clients business strategic priorities, risk strategies and risk management needs and provides advice accordingly to successfully serve clients including with the design, negotiation and execution of project contacts.
  • Utilizes legal expertise and knowledge of industry to review clients exposures and loss experience and develop solutions for standard client needs.
  • Support clients to coordinate interactions with the lenders insurance advisor (i.e. review and comment on Due Diligence reports)
  • Support clients with project lenders, i.e. negotiation and execution of finance documents (such as CTA, insurance schedule, letters of undertaking or assignments)
  • Support the clients and Marsh claims handling team with legal advice in insurance claims
  • Serve as a Power/Renewable Industry thought leader within the organization and comply with all compliance, professional and transparency standards to better serve clients.
  • Assist and handle offensive and defensive broker tenders from the region.
  • Interface closely with client executives and in-country teams to support client and account retention and facilitate in development of new business.
  • Advise and appraise management about client issues or trends through clear communication and participate in development of solutions thereof.
  • Train and educate other team members in specific areas as and when necessary
  • Link/align activities between the construction, renewables team and the operational power team
  • Attend events and conferences to represent Marsh.
  • Technologies: all various kinds of power/renewable energy technologies, i.e. gas turbine, offshore wind, onshore wind, solar in all different forms, Battery Energy Storage Systems, and any other technologies of the future.

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 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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