Premium Finance Specialist

Company:

Description:

Premium Finance Specialist

We will count on you to:

Design and negotiate insurance premium finance alternatives for clients and prospects that present significant underwriting risk to the finance company.

Identify clients and prospects who are candidates for financing by meeting with sales and risk practice leaders, Segment and Zone leadership to review renewal and prospect lists, target market areas, and sales goals.

Generate new premium finance loans while driving the client retention process.

Obtain and negotiate loan terms from the premium finance markets and interfaces with clients and Marsh colleagues to obtain information regarding client and prospect insurance programs and financial situations.

Provide direction to clients and Marsh colleagues regarding premium finance questions and issues.

Maintain strong working relationships with Marsh colleagues and finance company representatives

Deliver presentations that demonstrate the value of the program to Marsh and its clients.

Contribute to the management of the Premium Finance loan portfolio

Maintain records and reports as required.

What you need to have:

BS Degree in Finance/Insurance preferred

5+ years of relevant Premium Finance experience

Experience identifying, designing, recommending and implementing efficient, innovative business solutions to clients' complex challenges

Superior analytical and mathematical skills, strategic planning, communication, and listening skills

What makes you stand out:

Strong Insurance industry policies knowledge

Excellent organizational and project management skills with the ability to prioritize and handle multiple and complex tasks in a demanding work environment

A detailed understanding of changing insurance, risk management, and macroeconomic market conditions and informs client executives, client advisors, and/or clients of major developments affecting pricing and lending environment.

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.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. 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 marsh.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 [email protected].

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 $116,400 to $248,000.

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.