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Guy Carpenter
Analyst I Transactional ServicesGuy Carpenter is seeking a candidate for the Transactional Services Analyst I role for our Edina, Minnesota office.What can you expect?A career, not just a job.Ability to learn about your client while building strong relationships.Be part of a team that works hard, collaborates and supports one another but also know how to have fun together.What is in it for you?A company with a strong Brand and strong results to matchCulture of internal mobility, collaboration and valued partnership with HR from the businessCompetitive pay, full benefits package starting day one (medical, dental, vision, STD/LTD, life insurance, generous 401k match AND automatic contributionGenerous paid time off for vacation, sick, company holidays and time to give back to your communityEmployee Resource Groups, which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizationsWe will count on you to:Ensure the day-to-day transactional activity for clients as assigned including timely and accurate system entry of contract terms, premium and claims.Work with other areas to support collection and cash application initiatives as required.Promote, build and maintain relationships with Brokers, Clients and Markets.Identify issues and work to resolve problems and/or queries.Ensure assigned tasks are completed accurately and timely in accordance with Service Level Attributes (SLAs).Handles the settlement of funds to and from clients in a timely manner to ensure all applicable contractual payment terms; warranties, and/or conditions are met.Obtain and maintain collateral funding on behalf of clientsCommunicate to resolve difficult questions and secure reinsurer agreements and payments of claims and account balances.Participates in team and department meetings and activities to share opinions, ideas, knowledge and solutions, and seeks opportunities to increase own understanding of the services provided.May coordinate and attends basic reinsurance audit/reviews with clients and reinsurers and reviews open claims and/or premium activity, reconciles records in order to facilitate the review/audit process to ensure process quality.Collaborates with peers on basic reinsurance developments, to support discussion and the development of a point of view.Participates in training sessions, and provides input within the team and/or department for all aspects of reinsurance service processing to assist with trouble shooting and to help develop team resources.Perform other job related duties as assigned.What you need to have:0 to 4 years of office experience in a related industry such as primary insurance, reinsurance, claims or underwritingDemonstrated experience with Word, Outlook and ExcelDemonstrated 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, under regular supervision.Strong communication and negotiation skills, both written and verbal, delivering clear and concise messages and at all times promoting and enhancing the Guy Carpenter brand.Strong ability to quickly assess and offer effective solutions to problems efficiently. Ability to make sound judgments, with guidance as required, while knowing when to bring situations to the attention of Management.Consistently deliver superior Client service.What makes you stand out:Prior experience with reinsuranceKnowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls and general business trends.Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh & McLennan Companies (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. The company's 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit and follow Guy Carpenter on LinkedIn and & McLennan Companies and its Affiliatesare EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.