Current jobs related to Parametrics Specialist - New York - Marsh McLennan Companies

Description:

Marsh McClennan is seeking candidates for the following role that which can be seated hybrid in any local office:

Parametric Specialist

What you can expect:

This is a multifaceted role in a rapidly growing field, with an opportunity to contribute to business growth locally and globally. You will be an expert in parametric risk transfer products, with focus on parametric weather and nat-cat solutions. Parametric solutions are becoming an increasingly important risk management tool for our clients across all major industries, driven by several factors: climate change, increased weather volatility, widening protection gap, hard property market, and the need from client stakeholders to diversify their risk management toolbox. You will be preferably based in Marsh McLennan’s NYC global headquarters, or alternatively in another key US office location, and be part of the Global Parametric Solutions team. The group drives and places innovative parametric risk transfer solutions for Marsh clients and is engaged with clients and colleagues globally. We are responsible for the entire chain of the risk transfer process, from identifying risk drivers, modeling and structuring, to marketing, negotiation with insurers and documentation.

What's in it for you?

A company with a strong band strong results to match. Culture of internal mobility, collaboration and valued partnership with HR from the business. Employee Resource Groups which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations. Competitive pay (salary and bonus potential), Full benefits package – starting day one (medical, dental, vision, STI/LTI, life insurance, generous k match AND contribution

We will count on you to:

Understand clients’ needs across various industries, develop targets, identify risks and develop parametric solutions Lead internal and external client meetings to discuss exposure and possible solutions Leverage a deep understanding of all available parametric products and solutions, with focus on key nat cat perils, to educate clients on pros and cons of these alternative risk finance options Liaise closely with property, structuring and analytics team members to develop, present and place tailored client solutions Work with senior team members to develop marketing strategy Collaborate closely with internal property, industry and regional leaders to identify targets While the focus of this role is on the US, we will count on you to support parametric team members globally with client-focused marketing efforts Develop material for client presentations, internal and external sales efforts, and colleague training on parametric solutions and trends Review insurance policies and financial contracts, and identify potential pitfalls and improvements Take responsibility for the entire process, from the initial educational calls, to placement, documentation, and post-binding support Follow the established internal processes and standards, including compliance, data storage, term sheets, and client presentations

What you need to have:

5-10 years of experience, preferably working in the re/insurance industry as a broker or underwriter Experience with parametric solutions or a closely related field, with technical background Client-centric empathy and drive to bring better understanding of weather and natural disaster risk to less technical audiences Curiosity and eagerness to constantly learn and apply new solutions. Ability to face and troubleshoot difficult and complex problems Can work independently with minimal supervision with ability to manage projects/processes Ability to influence others within and outside of the job function regarding approach and procedures Ability to develop strong internal/external client-oriented solutions

What will make you stand out:

Bachelor’s degree in a technical field; masters or math/science degree preferred Superior detail orientation, excellent communication, interpersonal, and time management skills Strong teamwork skills, hard working with a constant positive attitude Strong Microsoft Office skills, especially Excel & Power Point

Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s more than 85, colleagues advise clients in over countries. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and well being for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit , or 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

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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