Energy and Power Senior Insurance Specialist

Company:Marsh

Description:

Marsh USA LLC is seeking candidates for the following full-time position based in the New York, NY office (A hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with company policies.):
 

                                                Energy and Power Senior Insurance Specialist

We will count on you to:

Responsible for driving the growth, profitability, and overall satisfaction of an insurance portfolio comprising complex, high-priority accounts within the energy and power sectors. Support both US-based and international clients investing in the US, acting as a trusted insurance advisor by aligning clients’ strategic objectives with Marsh’s products. Develop and deepen client relationships through proactive engagement, ensuring exceptional service delivery, addressing escalated issues, and fostering long-term partnerships. Identify new business opportunities by leveraging market insights, industry trends, a global network, a thorough understanding of client needs, insurability considerations related to specific technologies, and industry background. Expand and diversify Marsh’s product and service offerings, including risk consulting, project management, risk financing, mitigation strategies, and comprehensive insurance solutions tailored to the energy and power sectors. Design and present customized risk management and insurance solutions aimed at reducing volatility for investors, lenders, developers, owners, operators, and other project stakeholders. Promote Marsh’s innovative solutions at an advanced level to foster product development, strengthen market presence, and expand the professional network within the energy and power industries. Collaborate closely with internal teams and external stakeholders to ensure seamless delivery of services, aligning solutions with client expectations and operational standards. Provide strategic advice and effective risk management strategies for clients operating within the energy and power sectors, utilizing strong understanding of global and US-specific market dynamics, natural catastrophe risks, and regulatory environments.

What you need to have: 

Must have a Bachelor’s degree or foreign equivalent in International Business, Finance, Insurance, or a related field plus ten (10) years of progressively responsible post-baccalaureate experience in the position offered, or a related position. Must have ten (10) years of experience with all of the following: Account management, technical sales, and business development of insurance products within the energy and power sectors, with a focus on expanding client portfolios. Collaborating with senior colleagues and/or project teams to identify key decision-makers, assess client needs, and develop tailored insurance solutions that align with business objectives. Conducting market research and analysis to identify new opportunities, target buyer hubs, and strategize account expansion within global energy markets. Analyzing complex quantitative and qualitative data to develop compelling proposals and value propositions for clients and internal stakeholders. Designing and presenting customized technical and commercial insurance solutions to address current and future client requirements. Utilizing knowledge of international insurance markets, including navigating onshore and offshore dynamics, and an understanding of natural catastrophe risks relevant to the energy sector. Coordinating with diverse stakeholders, including lenders, developers, contractors, and legal advisors, to deliver comprehensive insurance and risk management strategies. Presenting industry insights and tailored solutions to clients. 20% domestic and international travel is required to various and unanticipated company and client sites.

The applicable base salary range for this role is $142,000 - $197,100 per year.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. 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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Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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 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 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.