Job Descrption
This job is with Marsh McLennan, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
The Complex Liability Consulting practice of Marsh Advisory (CLC) offers a depth of expertise and services across a full range of mass tort and complex liability issues, including insurance archaeology, policy analysis and mapping, electronic database solutions, allocation modelling, negotiations with insurers, and claims and payment tracking. CLC is currently seeking a consultant to join the practice.
Marsh is seeking candidates for the following position based out of any U.S. office location:
Complex Liability Consultant
What can you expect?
• We are looking for an insurance liability claims consultant to provide risk management solutions to meet client needs.
• This consultant will implement strategic plans to optimize clients' insurance recovery for mass tort and complex claims; toxic tort... environmental; pollution; asbestos; sexual assault; concussion and other potentially high dollar value claims.
• This requires an understanding of complicated insurance programs for corporate clients, industry specific knowledge. Experience with insurance archaeology and search processes for legacy policies a plus.
• Provides analysis and recommendations relative to insurance coverage for clients facing complex liabilities.
• Oversees notice and tender communications to insurers and facilitates communications regarding the claim between the policyholder and its insurers, including review of coverage position letters and information requests.
• Reviews policy documents and identifies pertinent policy provisions for input into policy management system and creation of coverage charts.
• Determines the adequacy of cost share agreements and evaluates buyout offers.
• Negotiates the resolution of insurance coverage and loss allocation issues on behalf of clients.
• Complies with company policy and procedures for maintaining correspondence, timekeeping, expense reporting and billing.
What is in it for you?
• A company with a strong brand, with experience developing solutions for todays and tomorrow's toughest challenges
• A culture of internal mobility, diversity, inclusion, and collaboration
• Employee Resource Groups which provide access to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations
• Flexible work opportunities for work/life balance
• Competitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance); plus a fixed company contribution AND a company match on your 401k, after one year of service
We Will Count On You To
• Directs analysis of client needs, develops project outlines, and recommends and implements suitable approaches or options to consider.
• Uses facilitative and diagnostic skills to assist clients in the articulation of complex problems.
• Researching and performing insurance archeology for legacy policies.
• Actively uncovers concerns or issues that may be unclear to the client.
• Develops the project requirements and work plans within a practice or technical area.
• Matches products and services in his/her own specialty to client's key needs.
• Respect and maintain client confidentiality.
What You Need To Have
• 5-10+ years of relevant experience at an insurer, third party administrator, insurance archeology firm, and/or law firm
• Experience in long tail and emerging coverage issues and/or insurance archeology
• Bachelor degree or equivalent
What makes you stand out?
• Develops or uses systems to organize and track information.
• Enhances the creativity and effectiveness of materials that reflect an understanding of more complex client, project and technical issues.
• The ability to work in a fast moving and collaborative work environment while being able to prioritize task and organize and meet deadlines.
Marsh is the world's leading insurance broker and risk adviser. With more than 45,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and Twitter.
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 TANA@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 $84,700 to $180,800.
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
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