PEMA Project Manager

Marsh McLennan

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profile Job Location:

Toronto - Canada

profile Monthly Salary: $ 83800 - 133800
Posted on: 8 hours ago
Vacancies: 1 Vacancy

Job Summary

Company:

Marsh Risk

Description:

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

Private Equity and M&A Services (PEMA) a boutique practice within Marsh is the leading provider of risk management advisory services to private equity investors and corporate clients contemplating a merger or acquisition. PEMA employs Marshs global platform to deliver innovative creative and non-traditional uses of risk transfer and insurance capital management. We provide these services seamlessly utilizing a dynamic team of dedicated highly experienced specialists.


Purpose: Worksas arelationship manager to conduct risk management due diligence for private equity and strategic buyers and sellers. Works with corporate client deal teams to facilitate transactions. Manages leveraged purchasing of insurance for key private equity firms and their portfolio companies. Oversees various Marsh resources and Marshs work with underwriters to ensure quality programs and services.


Due Diligence Project Management: Direct team of risk management product line specialists in reviewing transaction specific exposures analyzing coverage actuarial assessment of outstanding and projected self-funded costs identifying potential uninsured hidden liabilities and estimating pricing for recommended coverages transaction specific coverages and post-close coverages. Draft and deliver due diligence reports and oversee new and renewal risk management programs.

What can you expect

  • Conduct an overall evaluation of target companies existing and historical insurance programs and determine if coverages are appropriate or if additional coverages should be considered post-close.

  • Identify risk and insurance related-issues that may impact transaction value.

  • Project estimated annual cost of risk for a target companys insurance program on a post-closing basis and provide a comparison of such against prior year costs.

  • Identify current insurance-related outstanding liabilities and determine if an adjustment to balance sheet may be warranted.

What is in it for you

  • Gain exposure to key stakeholders and have the ability to make strong business connections.

  • An opportunity for long-term growth within a dynamic and growing business unit.

  • Exceptional benefits great time off and additional benefits that come with working at Marsh.

We will Count on you to:

  • Assist and support Senior Client Advisors on all areas of due diligence projects

  • Assist in analyzing claims data and loss projections of the target business and identify any potentially problematic trends/patterns.

  • Review litigation history. Ensure all relevant claims have been properly tendered to applicable insurer.

  • Assist in the review draft purchase and sale agreements.

  • Assist with recommendations with respect to pre and post-closing coverage for Directors & Officers liability.

  • Assists in providing a written report summarizing Marsh PEMAs analysis advice and recommendations

What you Need to Have:

  • 5 years P&C insurance experience PEMA experience highly preferred

  • P&C License required or to be obtained

  • Bachelors Degree in related field

What makes you stand out:

  • Knowledge of client risk issues and experience in the management of large complex transactions and experience in a client-facing role.

  • Ability to network with clients colleagues insurance carriers and prospects

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 95000 colleagues Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk visit 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 or any other characteristic protected by applicable accordance with the Accessibility for Ontarians with Disabilities Act 2005 Marsh will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individuals particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact

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 $83800 to $133800.

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 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 retirement programs as well as employee assistance programs.

This is a New position.


Required Experience:

IC

Company:Marsh RiskDescription:We are seeking a talented individual to join PEMA team at Marsh. The role will be based in Toronto. This is a hybrid role that has a requirement of working at least three days a week in the office.Private Equity and M&A Services (PEMA) a boutique practice within Marsh i...
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