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Marsh & McLennan Companies
Massachusetts, United States
(on-site)
Posted
1 day ago
Marsh & McLennan Companies
Massachusetts, United States
(on-site)
Job Function
Other
Strategic Risk Advisor
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Strategic Risk Advisor
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
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 Strategic Risk Advisor role in our Risk Consulting team.This position can be based anywhere in the United States.
The candidate will lead our efforts around Fractional Risk Management outsourcing including owning and enhancing the services we offer, managing the team of consultants and contractors who deliver to ensure excellence in delivery, and overseeing projects to ensure profitability and accelerated growth. This leader will also work across our entire Risk Consulting team to engage a range of specialists to support risk management, risk control, and risk financing (to include traditional, captive, and alternative risk teams) for our clients. The advisor will leverage our Analytics teams 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).
What primary responsibilities can you expect?
- Drive business growth through strategic vision and execution to achieve accelerated growth and deepening client partnerships.
- Deliver sustained profitability through proactive management and strategic decision-making.
- Foster a unified 'One Team' approach across teams to elevate service delivery and fuel strategic expansion.
- Inspire outstanding client service and colleague experiences through impactful leadership.
- Proactively identify challenges and implement effective, detail-oriented solutions.
- Exhibit exceptional communication skills-confidently engaging in both interpersonal conversations and large group presentations.
- Lead and influence across all levels and teams within Risk Consulting and Marsh overall.
- Drive business growth by building capabilities, developing high-performing teams, and securing new opportunities.
- Drive talent excellence by prioritizing strategic recruiting, empowering early career development, and building strong foundations for career growth and succession planning.
- Partner with client executives and client teams to identify critical paths for client risk program enhancements;
- Interact with other Consulting team members, Account Owners and Brokers to design and promote 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 and consulting experience focused on reducing Total Cost of Risk.
- Demonstrated success leading high-performing teams.
- Skilled in recruiting, developing, and inspiring talent at all levels.
- Track record of motivating teams to achieve excellence, collaboration and continuous professional growth.
- Unwavering dedication to exceptional client delivery and excels in building strong, trusted client relationships.
- Expert analytical skills to assess organizational dynamics, trends and identify key performance drivers.
- Experience using analytics for risk management decision support.
- Experience overseeing some aspects of global insurance program design and placement.
- Captive insurance program knowledge.
- 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?
- Successful in identifying and setting strategy, leading teams towards implementation, and managing outcomes and performance
- 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.
- 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.
- 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.
- Capable of working and managing across national time zone and remote work environments, at times working outside normal business hours.
- Direct experience and full accountability for managing businesses under a Profit & Loss (P&L) statement.
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 reasonableaccommodations@mmc.com.
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 $139,800 to $297,900.
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.
Job ID: 84247050
Please refer to the company's website or job descriptions to learn more about them.
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Showing data for the city of Boston, Massachusetts, United States.
Median Salary
Net Salary per month
$6,655
Cost of Living Index
85/100
85
Median Apartment Rent in City Center
(1-3 Bedroom)
$3,478
-
$5,971
$4,725
Safety Index
60/100
60
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$133
-
$350
$208
High-Speed Internet
$55
-
$135
$86
Transportation
Gasoline
(1 gallon)
$3.33
Taxi Ride
(1 mile)
$2.82
Data is collected and updated regularly using reputable sources, including corporate websites and governmental reporting institutions.
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