Placement Executive, Marsh Benefits

4 weeks ago

Singapore Mercer Full time

Welcome to Brighter

Ready to be part of a company that is not only leading the market, but transforming in the most exciting way? In Singapore, we are a team of experts who believe in building brighter futures for our clients and community by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and wellbeing.

At Mercer, we walk the talk:

  • Voted #1 HR Consulting Company globally
  • Recognized as Asset Consultant of the Year for 4 consecutive years by Asia Asset Management
  • Named Best Employee Engagement Consultancy and Best Corporate Wellness Provider by Human Resources Online
  • Great Package and Recognition Programs
  • Energetic & flexible environment surrounded by supportive colleagues

We take care of our people and we pride ourselves in our diverse and inclusive workforce with our "people first" culture. We make sure our people are continually learning and growing, providing them with outstanding career development, on-the-job learning opportunities and financial rewards. Most importantly, we are committed to making your journey with us meaningful and fun.

In order to support our team and strengthen the growth of our APAC business, we are looking for a:

Placement Executive, Mercer Marsh Benefits

What can you expect?

We are seeking a skilled and knowledgeable Placement Executive to join our team. As a Placement Executive, you will be responsible for assessing insurance risk expertise and industry knowledge to propose placement solutions that meet client needs. You will need to align with the Placement strategy to achieve growth goals and provide exceptional client solutions. Additionally, documenting all activities to ensure timely follow-up by clients, carriers, and the client relationship teams will be crucial.

What is in it for you?

  • Comprehensive employee benefits and insurance coverage
  • We strive to make Mercer the employer of choice for the best and brightest diverse talent, fostering an inclusive work environment where employees from varied backgrounds, cultures and ethnicities can thrive.

We will count on you to:

  • Assess insurance risk expertise and acquire industry knowledge to develop appropriate placement solutions that align with client needs.
  • Align Placement strategy to achieve growth goals and deliver exceptional client solutions.
  • Thoroughly document all activities to ensure timely follow-up by clients, carriers, and the client team.
  • Assist in the management of submitting insurance coverage specifications and obtain quotes from carriers.
  • Establish and improve relationships with carriers, underwriters, and the client relationship teams to provide cohesive client service.
  • Stay informed about changing insurance and risk management market conditions and share insights with client executives, client advisors, and/or clients.
  • Run analytics and evaluate clients' insurance programs to identify areas of improvement and value-added solutions to serve their needs.
  • Cultivate a thorough understanding of insurance markets to stay updated on industry trends and advancements.

What you need to have:

  • Bachelor's degree in a relevant field (Risk Management, Insurance, Finance, etc.) or equivalent experience.
  • Proven experience in insurance risk assessment, insurance placement solutions, or related roles within the insurance industry.
  • Strong knowledge of insurance products, carriers, and underwriting practices.

What makes you stand out:

  • Excellent analytical skills with the ability to evaluate and interpret complex insurance programs.
  • Exceptional communication and interpersonal skills to build relationships with clients, carriers, and the client relationship teams.
  • Detail-oriented with excellent organizational and documentation skills.
  • Ability to adapt to changing market conditions and convey relevant information to clients and colleagues.
  • Proficient in using insurance-specific software systems and MS Office applications.

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer's approximately 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of over $23 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit Follow Mercer on LinkedIn and X.

Marsh McLennan is committed to creating 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, or any other characteristic protected by applicable law.

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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