Process Associate

Company:MarshDescription:

We are seeking a talented individual to join our Placements team at Marsh. This role will be based in Bengaluru. This is a hybrid role that has a requirement of working at least three days a week in the office.

Process Associate – Placements

We will count on you to:

• Validate RFQs/RFPs and associated documents received from the business team; manage discrepancies and queries through effective coordination.
• Prepare and update standardized Quote Comparison Reports (QCR) with accuracy; verify final quote slips from insurance companies.
• Maintain daily and monthly trackers for open proposals, pending policies, and accruals, ensuring timely follow-ups with business teams.
• Process and track all enquiries initiated in including bulk bookings, ensuring confirmation and status updates to Placement Executives (PE).
• Follow up with PE, Client Executives (CE), and other stakeholders for document collection, client creation, policy issuance, and resolution of queries or discrepancies in the placement placed transactions.
• Coordinate with billing and finance teams to support revenue recognition, unapplied cash, and unrecognized revenue follow-ups.
• Provide 100% assistance to the Placement Executive team for end-to-end revenue recognition processes.

What you need to have:

• 4+ years of experience in insurance industry.
• Domain Knowledge preferred.
• Graduation degree
• Technical knowledge - MS Office – Word, Excel and Outlook

What makes you stand out?

• Strong analytical and problem solving and skills.
• Good communication skills..
• Ability to work independently and within a team.
• Organised, self-discipline and pro-active.
• Good multi-tasking ability.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

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Marsh (NYSE: MRSH) is 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, visit corporate.marsh.com, or follow us on LinkedIn and X.

Marsh is committed to creating 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, or any other characteristic protected by applicable law

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.

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, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.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.