Marsh & McLennan Senior Advisory Specialist in Washington, District Of Columbia
The FINPRO (Financial and Professional) Senior Advisory Specialist provides all Practice specific technical knowledge expertise to clients, engaged in servicing and advice associated with placements made or delivered to the clients. Focuses predominantly on complex client needs.
Deep technical understanding of Directors & Officers Liability, Employment Practices Liability, Cyber/Network Security & Privacy, Fiduciary, Errors & Omissions, Crime, Kidnap & Ransom insurance coverages Utilizing risk expertise and knowledge of industry and insurance market place, reviews clients’ exposures and loss experience and develops solutions for complex clients’ needs. Determines the impact of solutions and articulates the value to clients. Understands nuances of clients industry and the related risks associated with industry and provides advice accordingly. Responsible for the final placement delivered to the client. Identifies the need for new products and develops innovative solutions for clients. Responsible for contacting Surplus Lines Liaison as part of the placement strategy and completion of any Surplus Lines activities, e.g. tool kit. Responsible for utilizing placement specialists across all zones where product, industry or account criteria dictate. Contributes to the firm’s body of knowledge within product line through active internal communication. Keeps abreast of changing risk and insurance market conditions. Prepares client differentiation/marketing message. Receives and analyzes quotes from carriers and provides analysis to clients including analysis of: pricing, coverage, services, quote comparisons, financing, commentary and recommendation, identify differences against expiring, claims made, surplus lines, and subjectivities, loss projections, cash flows. Responsible for order bind & the accuracy of programs upon Client direction. Bring the entire team together (including product leaders if necessary) to formulate the procedure and go to market strategy we will present to our client. Responsible for policy management including follow up for policies, binders, review of policy against bound terms & conditions, request for corrections, if any and delivery of reviewed policy to Distribution for delivery to client. Can be available to review policy with client. Understands and complies with the Marsh Compliance and Transparency Standards. Responsible for creating the Renewal Strategy and Submission documents. Qualifications Has superior technical, financial, written and verbal skills required to be an acknowledged expert sought out by Brokers, clients and other Marsh colleagues. Independently develops and presents full Risk Profiles. Superior knowledge of Marsh resources and the ability to lead them in a collaborative fashion. Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, and more fully understand the range of risks they face. We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world. To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration. Since 1871, clients have relied on Marsh for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth. Our more than 30,000 colleagues work on behalf of our clients, who are enterprises of all sizes in every industry, and include individuals, multinational organizations, and government entities worldwide. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. Visit www.marsh.com for more information and follow us on LinkedIn and Twitter @MarshGlobal Marsh and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC). Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://www.mmc.com/. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity . Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.