Saturday, March 2, 2013

[SMCNG] Digest Number 1073

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Digest #1073

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Sat Mar 2, 2013 4:08 am (PST) . Posted by:

"Jayne Wells" psgwcmail

From:Monster jagent@route.monster.com>

To: psgwcmail@yahoo.com
Sent: Saturday, March 2, 2013 12:12 AM
Subject: Saved search results - 3/2/2013


Market Fiduciary Senior Technical Consultant - Guy Carpenter - Hoboken, NJ
MMCo- NJ-Hoboken-07030- Posted: 3/1/2013

ABOUT US
ADDITIONAL CAREER OPPORTUNITIES
EMAIL TO A FRIEND
* Location:
Hoboken, NJ 07030
* Reference Code:
HOB001F6
Market Fiduciary Senior Technical Consultant - Guy Carpenter - Hoboken, NJ

 
Marsh & McLennan Companies is a global professional services firm providing advice and solutions in the areas of risk, strategy, and human capital. It is the parent company of a number of the world's leading risk experts and specialty consultants, including Marsh, the insurance broker and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. With over 50,000 employees worldwide and annual revenue of approximately $10 billion, Marsh & McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 100 countries. Its stock (ticker symbol: MMC) is listed on the New York, Chicago and London stock exchanges. 
 
Guy Carpenter is the world's premier reinsurance intermediary and strategic advisor to leading insurance and reinsurance organizations, delivering integrated solutions through its industry-leading analytics and advisory services, highly specialized product knowledge and trading relationships with reinsurance markets around the world. Headquartered in New York City, Guy Carpenter has more than 2,300 employees in more than 50 locations worldwide. 
 
Job Summary 
 
Client Support Services (CSS) is comprised of global service teams who are assigned to specific client (customer) accounts to handle contracts, claims and accounting. The Market Fiduciary Technical Consultant is responsible for cash accounting services for business transacted with GC clients and markets; assigned accounts including the timely allocation of receipts and settlement of payable balances and internal record keeping associated with assigned Fiduciary account records. 
 
Responsibilities:

* Manage assigned portfolio of Market/Client accounts to ensure all deadlines are met and time bound activities are addressed within defined parameters including (but not limited to) cash allocation, collections of brokerage and billings and resolution of fiduciary exposures.  Assignments will include accounts with the highest level of complexity that require an excellent understanding of fiduciary systems and processes and the ability to analyze balances at multiple levels to produce the most effective collection statements and remittances to Markets/Clients.  High complexity accounts include broker markets with placements that span numerous years and specifically identified key trading partners.
* Prompt issuing of statements, collection of receivable and payment of payable balances.
* Achieve personal cash processing and fiduciary targets, including the use of Key Performance Indicators (KPIs) from the CSS Dashboard and other system tools and reports.
* Proactively initiate regular dialogue and have frequent personal interaction with Market/Client contacts to resolve issues related to payment and collection. 
* Coordinate assigned team level reporting and activities and manage the resolution of related issues.
* Present technical claim/premium processing and fiduciary information for management and senior leadership with proposals on how the complex issues can be resolved to mitigate fiduciary exposures.
* Provide detailed information on collection/remittance process for Request for Proposal (RFP) and sales opportunities.
* Collaborate with peers on complex or contentious reinsurance developments.  Support and provide training, mentoring and guidance within the team and/or department for all aspects of reinsurance fiduciary processing.
* Ensure assigned tasks are managed effectively and in a timely manner ensuring Client measurement Service Level Agreements (SLAs) are adhered to.
* Provide input for the evolution of the operational model at all levels of the organization. Promote new process improvement ideas leveraging technology solutions.
* Four Year College Degree (B.S. or B.A) or equivalent experience
* Knowledge of Reinsurance concepts, accounting principles, regulatory controls and general business trends.
* Track record of successful Fiduciary account management, relationship management, engagement and development. 
* Proficiency in Microsoft Office Applications (Word, Excel, PowerPoint) required.
* Strong verbal and writing skills for complex communications (presentations, negotiations, etc.) with clients, markets and GC.
* Typically acquired through a minimum of 7 years of ceded or assumed reinsurance fiduciary or accounting experience.
* Demonstrated ability to work as part of a high performance team. Attention to detail in completing assigned tasks.
* Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment.
* Successful management of workload; able to manage expectations of all Clients and Stakeholders.
* Able to challenge appropriately, supporting business cases with facts and information.
* Understanding of project management methodology, stakeholder management, and risk mitigation.
* Able to engage, influence and negotiate with Clients, Markets and Colleagues in a professional manner. 
* Consistently provide guidance by mentoring and/or training Colleagues.
* Consistently deliver superior Client service.  
* Proven Customer Service Abilities and Orientation.
* Planning and Organizational skills.
* Demonstrated in depth technical knowledge of insurance and reinsurance business.
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