Reinsurance Broker, MGA

Company:

Guy Carpenter

Description:

We are seeking a driven, innovative and entrepreneurial Reinsurance broker to expand our Global Capital Solutions (GCS) team within the US. The role is focused on delivering strategic reinsurance solutions that drive enterprise value for insurers operating within the MGA distribution space & MGAs.  This position can be based in any US office. This is a hybrid role that has a requirement of working at least three days a week in the office.

You will play a pivotal role in the placement and execution of bespoke reinsurance solutions primarily targeting clients within the US.

We will count on you to:

• Prepare comprehensive market submission packs to effectively present client needs to insurers and markets.
• Analyze data and client information to support accurate and compelling placements.
• Identify suitable opportunities, negotiate terms, and place business with markets to benefit clients.
• Build and maintain strong relationships with key markets and insurers, fostering trust and ongoing collaboration.
• Assist with managing existing client accounts, including endorsements, mid-term changes, and mid-year market updates.
• Collaborate with internal teams and clients to understand their needs and ensure seamless placement processes.
• Stay informed about market trends, appetite changes, and emerging risks to advise clients and optimize strategies.

What You Need To Have:

• Bachelors degree – Finance or Insurance
• Proven track record in reinsurance industry (7-10+ years of experience), demonstrating a strong understanding of reinsurance products, MGAs and Insurance & Reinsurance carriers that support MGAs
• Entrepreneurial spirit with propensity and skill set to identify market gaps and translate them into actionable opportunities
• Proficient with Information Technology, particularly Microsoft Office Products
• Collaborative mindset with ability to work effectively within team environment and leverage significant expertise of cross-functional colleagues

What Makes You Stand Out:

• Demonstrates exceptional broking skills and proven market relationships in the (re)insurance market
• Holds a comprehensive understanding of the Managing General Agent (MGA) market
• Exhibits a creative and entrepreneurial mindset
• Thrives in a team-oriented environment, leveraging cross-functional expertise to develop bespoke reinsurance strategies and enhance the overall capabilities of the Global Capital Solutions team.

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.

Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. 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 guycarp.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.The applicable base salary range for this role is $175,000 to $275,000.The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.