Marsh Risk Early Career Associate – Credit Specialties (Immediate Start)

Company:

Marsh Risk

Description:

Marsh Risk is a global leader in insurance broking and risk management. In more than 130 countries, our 45,000 colleagues work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk.

Since 1871, clients have relied on Marsh Risk for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth.

The Team

The Credit Specialties team offers risk management solutions that focus on payment, performance, and country risks, helping clients replace collateral, secure finance and release capital in a world of continuous change.

Example Scenario: During periods of market stress such as the COVID-19 pandemic, financial institutions faced heightened credit concerns as borrowers, counterparties, and obligors experienced financial strain. Delays in payments, deteriorating asset quality, and increased default risk created pressure on balance sheets and limited capacity to deploy capital efficiently. The Financial Institution Practice in Credit Specialties helps banks and other financial institutions manage these exposures through credit insurance and related risk solutions. By transferring risk, they can protect liquidity, support lending activity, and free up capital to navigate uncertainty with greater confidence.

Your Role

Serves as a team member for key accounts for the Financial Institution Practice in Credit Specialties, drives account activities, manages timelines and accountabilities, assures service meets or exceeds expectations and protects the company from Errors & Omissions. 

• Assists the marketing and successful placement of client transactions with insurance partners, including drafting market submissions, negotiating competitive terms, assisting in insurance structuring and wording negotiations 

• Promotes successful client and insurer relationship management by setting up meetings, coordinating on key initiatives and strategizing on more complex placements

• Conducts research on various markets or industries to find resources on new growth areas and trends for expansion for internal use to identify growth opportunities

• Responsible for accurate and timely input of data for reporting, stewardship meeting as well as servicing purposes, and new business opportunity and trend analyses

• Helps manage expectations, mitigate relationship risks and applies judgement as to when to escalate major issues to senior level colleagues ensuring compliance 

• Develops strong relationships with professional counterparts at client organizations and insurance partners

• Attends and participates in industry events and conferences to build up a strong professional network, maintain proximity to the relevant market and represent the Company

• Develop technical skills by participating in training sessions hosted by the practice, the Company or industry groups / at conferences to expand service capabilities

Your Profile

• Graduated with a Bachelor’s degree between May 2025 and August 2026 with a focus in Business, Finance or Economics

• Understanding of Credit Risk concepts and has strong financial analysis skills

• Experience as Broker or Underwriter (summer intern, co-ops or similar)

• Ability to work in teams and cultivate relationships, with a focus on cross-group collaboration

• Excellent communication and interpersonal skills

• Analytical thinking and problem-solving skills

• Flexibility and strong attention to detail

• Broker license (Ontario or Quebec) obtained within 3 months after onboarding/ or currently held

• Must be legally eligible to work in Canada

What Makes You Stand Out

• Bilingual (English and French)

• CPA, CFA (or working towards to it)

• Credit, Political Risks Insurance (CPRI) experience

APPLICATION INSTRUCTIONS (REQUIRED)

Please submit your most up to date resume and a cover letter (see required cover letter Qs below). All documents should be uploaded to the document attachment section as part of your application. When uploading files, please use the following naming convention:  FirstName LastName Marsh CL/Resume

Cover Letter: Please respond to the questions below in the cover letter. We encourage thoughtful, authentic responses that reflect your interests, experiences, and alignment with Marsh.

1. Elaborate on your interest in starting a career at Marsh, and why the Toronto location appeals to you?

2. Marsh works with clients and colleagues from diverse industries and backgrounds. Share an experience where you worked with people different from yourself and explain the importance of this in client-focused professional services.

3. Tell us about a project, leadership role, or experience that resonated with you strongly and helped shape you as a person. This can be a professional or personal experience.

WHAT’S NEXT?

Once your application is received, we will review your application and resume. You will be invited to complete a first round interview if you meet our qualifications. If eligible, further instructions regarding the process will be provided.

The applicable base salary for this role is $70,000.

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 $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, 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, or any other characteristic protected by applicable law. In 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 individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need, please contact [email protected].

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.