Skip to main content

This job has expired

Risk Analyst (Junior Broker) - San Francisco - College Program 2022

Employer
National African-American Insurance Association (NAAIA)
Location
California
Salary
Competitive
Closing date
1 Oct 2022

View more

Employer Sector
Banking & Finance - Retail
Contract Type
Permanent
Hours
Full Time
Travel
None
Job Type
Risk Analysis
National African-American Insurance Association (NAAIA)
  • Risk Analyst (Junior Broker) - San Francisco - College Program 2022
Risk Analyst (Junior Broker) - San Francisco - College Program 2022

Description

RISK ANALYST - NORTH AMERICA BROKING

The Risk Analyst is responsible for developing the functional skills required to coordinate all broking placement activities of the account. The Risk Analyst provides support to all account team members and contributes to strategic recommendations and problem solving for clients. The Risk Analyst should develop a broad understanding of the environment in which the insured operates, and the marketplace in which the transactions Guy Carpenter handles take place. The Risk Analyst will assist in the broking team with client and market research and financial analysis for current and prospective clients. The Risk Analyst will be responsible for communicating particulars for the account internally, including the clients budgeted revenue to management and details about the placement to GC Specialties for inclusion in market and peer studies.

ESSENTIAL JOB RESPONSIBILITIES

Broker Support
  • Data collection and analysis in building reinsurance submission for client assignments
  • Assist in renewing reinsurance programs. Provide brokers with research analysis as needed.
  • Update Brokers on issues, progress etc, regularly and upon request
  • Assist in responding to client queries and concerns, resolving issues promptly
  • Assist in monitoring accountings, (premium payments, loss collections, etc) anticipating and preventing problems when possible
  • Assist with broker review on contract documentation, ensuring contract drafter has accurately captured terms and conditions of placement
  • Assist in timely production of contract documentation and follow-up, ensuring timely flow of materials
  • Assist with scheduling of reinsurer audits and visits with client

Learn Business
  • Maintain comprehensive knowledge of reinsurer capabilities (product lines, capacity, approvals, etc) with the help of Market Information Department and Market Reference Guide
  • Analyze client risk and develop and present recommendations
  • Develop broking and functional skills

Best Practice Procedures and Compliance Policies
  • Understand all best practice procedures and compliance policies. When new procedures are provided, understand and adopt new procedures as rolled out, take required training and speak up with any question or concerns uncovered in your role at Guy Carpenter.
  • Follow all best practice procedures and compliance requirements, including but not limited to building a complete placement file as the placement progresses to minimize errors & omissions.

Client Services
  • Assist broking team in designing new programs for clients' unmet needs
  • Respond to client requests for information (reinsurer, financial reports, industry issues, etc), as directed by senior broker, coordinating with Market Information and other departments as necessary, and clearing with senior broker.


QUALIFICATIONS
  • Bachelor's Degree is required
  • Relevant work experience is a plus
  • Strong interpersonal skills for establishing and maintain good client, reinsurer, and internal relationships
  • Good ability to organize and pay attention to detail
  • Good verbal and writing skills for complex communications with clients, markets and GC colleagues at many levels
  • Good ability to prioritize workload according to volume, urgency, etc
  • Strong academic record in major and summer internship or other work experience
  • Good problem solving skills and financial aptitude
  • General knowledge of business principle and industry trends
  • Good computer skills using Microsoft Office (Excel, Word, PowerPoint) and Lotus Notes


Job Information

  • Job ID:
  • Workplace Type: On-Site
  • Location:
    California, United States
  • Position Title:Risk Analyst (Junior Broker) - San Francisco - College Program 2022
  • Please refer to the company's website or job descriptions to learn more about them.

    View Full Profile

    More Jobs from Marsh & McLennan Companies Property Broker - Energy & Power Practice New York, United States 8 hours ago Job Description - Actuarial Consultant (Property & Casualty) Tennessee, United States 8 hours ago Account Executive Non-Sales (MMA Southeast) Georgia, United States 8 hours ago See all Jobs

    CA,United States (on-site)

    CA,United States (on-site)

    CA,United States (on-site)

    2023 Summer TRAC Associate - San Francisco

    CA,United States (on-site)

Get job alerts

Create a job alert and receive personalised job recommendations straight to your inbox.

Create alert