Business associate Jobs in Boston, MA

Description:

Our not-so-secret sauce.

Award-winning, inclusive, Top Workplace culture doesn’t happen overnight. It’s a result of hard work by extraordinary people. The industry’s brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can make your mark as a BI Analytics Associate at MMA.

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With offices across North America, we combine the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh McLennan (NYSE: MMC).

A day in the life.

The Business Insurance (BI) Analytics Associate will support the National BI Analytics Leader in the execution of MMA’s analytics strategy to impact our efforts on increased client retention and growth. The BI Analytics Associate reviews detailed information, analyzes data in terms of specific business goals and displays findings in simple, meaningful, and actionable formats consistent with the MMA brand. They will be involved in the research of data and methods, the development of new digital technologies, and providing analytics advisory services to MMA’s colleagues and clients. He or she implements corresponding processes and deliverables and takes responsibility and ownership for the accurate and timely production of reports and delivery.

ANALYTICS

• Identifies trends in claims data through various analytical tools that can be improved through safety, claims management, risk transfer, or other risk management techniques

• Supports and strengthen negotiations with underwriters

• Justifies collateral reductions for clients

• Quantifies future losses based on trends and actuarial methodologies

• Advises clients on insurance program options to select the best fit for their company

• Supports research and development of new tools and deliverables as directed

• Enables clients to adequately and accurately budget for loss sensitive program adjustments

• Accompanies Producers, Account Executives and other team members as required to client meetings and presentations to explain analytical tools and results

• Partners with National Business Insurance teams on group initiatives

• Displays measurable results that we have created for clients

EXECUTION OF CLIENT SERVICE

• Works with Producer and/or Account Executives, service team, and other internal departments to plan, execute, and track customized service strategy for each client, designed to create measurable value and efficiencies in their businesses

• Analyzes risk, coverage, program structure and recommends options;

• Takes an enterprise-wide approach to client service by collaborating with other service teams to create a cohesive client service experience.

• Manages time effectively to prioritize workload, client service requests, and service parameters on business processes

THOUGHT LEADERSHIP

• Operates as the technical expert in Analytics, providing analytical resources to account team staff and clients

• Collaborates with other Regional Analytics resources on best practices

• Assists in educational presentations for account team staff to continue their development and keep to date on analytical capabilities available

Our future colleague.

We’d love to meet you if your professional track record includes these skills:

• BS/BA in insurance & risk management, actuarial science, business administration, accounting, finance, economics, mathematics, statistics.

• 2 to 5 years of insurance analytics experience

• Proficiency in Microsoft Office Products, including Excel and PowerPoint

• Strong interpersonal and effective communication skills

These additional qualifications are a plus, but not required to apply:

• Property & Casualty underwriting experience with a focus on analytics

• Property & Casualty Actuarial experience

• Knowledge of property & casualty insurance analytics concepts and tools

We know there are excellent candidates who might not check all of these boxes. Don’t be shy. If you’re close, we’d be very interested in meeting you.

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside our organization. We’ve built a culture that promotes colleague well-being through robust benefit programs and resources, encourages professional and personal development, and celebrates opportunities to pursue the projects and causes that give colleagues fulfilment outside of work.

Some benefits included in this role are:

• Generous time off, including personal and volunteering

• Tuition reimbursement and professional development opportunities

• Remote Work

• Charitable contribution match programs

• Stock purchase opportunities