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Marsh McLennan

Senior Engagement Lead - Risk Consulting

Posted Yesterday
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In-Office
New York, NY, USA
113K-240K Annually
Senior level
In-Office
New York, NY, USA
113K-240K Annually
Senior level
Lead client engagements to design and deploy risk management strategies that reduce Total Cost of Risk (TCOR). Provide interim outsourced risk management, implement ERM/BCM/crisis and supply chain risk solutions, leverage analytics and captive/ART programs, oversee global insurance program design, collaborate with broking, safety, analytics, and captive teams, and support business development and solution deployment.
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Company:Marsh Risk

Description:

As a global leader in insurance broking and risk management, Marsh helps clients succeed by defining, designing, and delivering innovative, industry-specific solutions to effectively manage risk.

Marsh is searching for an experienced Engagement Lead in our Risk Consulting team.

This position can be based anywhere in the United States.

The candidate will work across our entire Risk Consulting team to engage a range of capabilities to support risk management, risk control, and risk financing (to include traditional, captive, and alternative risk teams) for our clients.  The advisor will also leverage Marsh Emerging Risk and Analytics platforms to design and deploy solutions customized to each client’s needs, including but not limited to risk management strategy design and deployment, risk program optimization, and deployment of suite of tools to reduce client total cost of risk (TCOR). They will support the Auxiliary Risk Management Solution program that provides interim risk management support to our clients.

What primary responsibilities can you expect?

  • Partner with client executives and client teams to identify critical paths for client risk program enhancements;

  • Serve in an outsourced risk management capacity with clients that need short-term staffing support;

  • Partner with Marsh Safety and Risk Engineering resources to reduce client TCOR;

  • Design and deployment of client Enterprise Risk Management (ERM) tools and techniques, and supporting Supply chain risk management, linking to BCM and Crisis Management teams;

  • Lead/support the development and advancement of TCOR assessment - partnering with other Marsh SME’s;

  • Conduct in Client Risk Management Strategy review sessions, linking brokerage and consulting activities;

  • Leverage analytics tools/teams and partner with captive and ART teams for program design optimization;

  • Work, in collaboration with the brokering analytics team, to develop and deploy analytics support tools, dashboards, and TCOR analytics tools;

  • Assist in the development and execution of strategic client consulting plans;

  • Interact with other Consulting team members, Business Development teams, Leadership, Account Executives, Producers, Brokers, other Marsh Business Units, Markets and Vendors to design and deploy client solutions.

What’s in it for you?

  • A company with a strong brand and strong results to match.

  • A culture of internal mobility, collaboration, and valued partnerships.

  • Competitive pay (salary and performance bonus potential).

  • Full benefits package – starting day one (medical, dental, vision, life insurance, 401k match AND contribution).

We will also count on you to:

  • Participate in marketing and business development within Risk Consulting and Broking;

  • Support growth initiatives and product/solution development activities.

What you need to have: 

  • At least 15 years of risk management experience with a focus on reducing Total Cost of Risk and improving risk and insurance department operational efficiency;

  • Experience with combination of ERM/BCM/Crisis Management/Supply Chain Risk Management;

  • Experience using analytics for risk management decision support;

  • Experience overseeing some aspects of global insurance program design and placement;

  • Captive insurance programs;

  • Preferred combination of several tracks from Engineering, risk consulting, Retail Broker placement, underwriting,  in-house risk management department (at least 2);

  • Insurance / Risk Management industry knowledge.

What makes you stand out?

  • Risk Management Strategy design (preferably with some client side experience);

  • Ability to manage multiple projects and processes and meet deadlines while working in a team environment;

  • Experience reviewing insurance terms and conditions in contracts with third parties;

  • Risk control (either safety or property) experience to support client engagement and project oversight;

  • General understanding of how to work with analytical teams and actuaries;

  • Understanding of Captive insurance vehicle program design and deployment;

  • Ability to assess client risk management processes and develop strategies for improvement;

  • Skill in interacting with Client’s Senior Management, Risk Management, Treasury and  “C” suite;

  • Skill in sales situations with a track record of success in business development situations;

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 $27 billion and more than 95,000 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.

The applicable base salary range for this role is $112,600 to $239,800.

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.

HQ

Marsh McLennan New York, New York, USA Office

1166 Avenue of the Americas, New York, NY, United States, 10036

Marsh McLennan Hoboken, New Jersey, USA Office

Hoboken, United States

Marsh McLennan Jersey City, New Jersey, USA Office

Jersey City, United States

Marsh McLennan New York, New York, USA Office

New York, United States

Marsh McLennan Saddle Brook, New Jersey, USA Office

Saddle Brook, United States

Marsh McLennan Somerset, New Jersey, USA Office

Somerset, United States

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