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Associate II – Broking
Guy Carpenter Miami, FL
$49k-62k (estimate)
Full Time | Insurance 2 Months Ago
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Guy Carpenter is Hiring a Remote Associate II – Broking

Guy Carpenter & Company, LLC (“Guy Carpenter”) is seeking candidates for the following position based in the Miami, FL office (Remote work may be permitted within a commutable distance from the worksite)


Associate II - Broking

We will count on you to:

Analyze the risks and develop financial solutions to fit client needs. Clients range from single state to regional and international insurance companies. Responsible for responding to client queries and concerns, resolving issues in a timely manner to ensure client satisfaction. Visit markets and clients to win new business prospects, by working and presenting Request for Proposal (“RFPs”) presentations. Prepare specific excellence model for RFPs, which involves analyzing client’s financial information, supporting the actuarial and catastrophe modelling team and defining the adequate value proposition for the clients. Assist in the design, development, and marketing of new brokerage products and programs in line with internal practices, including traditional and parametric solutions. Standardize financial outputs used by actuaries and brokers, model complicated reinsurance structures, and store previously run financial analyses to replicate, duplicate, expand or compare with future analyses. Assist senior level Brokers in completing complex assignments. Update management on issues and progress in the brokerage products and programs development. Monitor accounts (such as payments, collections, etc.), anticipating and preventing issues. Responsible for maintaining strong relationships with clients, colleagues, and insurance/reinsurance companies, efficiently communicating client requests internally. Focused on Latin America and Caribbean reinsurance. Determine the best possible reinsurance placement for clients within the Latin America and Caribbean region. Assess the terms and conditions of the Reinsurance Agreements, explaining terms to the client and supporting all transactions.

What you need to have:

Must have Bachelor’s degree or foreign equivalent in Actuarial Science or a related field plus five (5) years of progressive post-baccalaureate experience in the position offered or a related position. Must have five (5) years of experience with: Placing reinsurance treaties in Latin America and/or Caribbean countries or similar insurance markets; Conducting reinsurance pricing analyses, negotiating and placing reinsurance treaties for the following lines of business: Property, Technical branches, General Liability, E&O, Med Mal, Life, Health, Motor Hull, Motor TPL, Aviation, Marine and Surety; Structuring and negotiating alternative risk transfer solutions by using stabilization, index clauses, multi-year treaties and parametric solutions; Reviewing and setting up actuarial and financial-capital models using iFM, MetaRisk or similar end-to-end suite of risk assessment and capital insurance modeling tools; and Preparing and presenting RFPs to prospective clients for both private and public companies. 30% national and international travel is required to various and unanticipated company and client sites.

Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,500 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. The company’s 85,000 colleagues advise clients in over 130 countries. With annualized revenue of over $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit www.guycarp.com and follow us 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 TANA@mmc.com

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Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$49k-62k (estimate)

POST DATE

03/19/2024

EXPIRATION DATE

06/15/2024

WEBSITE

guycarp.com

HEADQUARTERS

MANHATTAN, NY

SIZE

3,000 - 7,500

FOUNDED

1922

CEO

PETER HEARN

REVENUE

$200M - $500M

INDUSTRY

Insurance

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