Associate II - Transactional Services
Marsh & McLennan Companies, Inc.
Edina, MN · HybridFull-time$98–163K/yrSeen todaySeen in employer's feed today
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At a glance
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Requirements
Credentials this posting asks for.
Job overview
Marsh Re seeks an Associate II to manage an assigned client portfolio, support premium collection and fund settlements, and provide accounting and claims information for sales. The role builds relationships with brokers, clients, and markets while completing work in accordance with service-level agreements. It is based in Edina, Minnesota, and requires at least three days per week in the office.
Skills & qualifications
Skills
Qualifications
Benefits
Full job description
Job Duties
We are seeking a talented individual to join our team at Marsh Re. This role will be based in Edina, MN. This is a hybrid role that has a requirement of working at least three days a week in the office.
This role will manage an assigned client portfolio by ensuring timely follow-up, accurate activity entry, and premium collection; collaborate with departments to support collections and fund settlements while adhering to SLAs. Provide detailed accounting and claims information to support sales, build strong relationships with brokers, clients, and markets, and actively contribute to team efforts.
We will count on you to:
Manage assigned client portfolio, including timely follow-up, accurate system entry of client activity, and securing reinsurance premiums.
Collaborate with other departments to support collection efforts and cash application processes as needed.
Oversee timely settlement of funds to and from clients, ensuring compliance with all payment warranties and conditions.
Complete assigned tasks accurately and in accordance with Service Level Agreements (SLAs).
Provide detailed client-specific accounting and claims information to support sales opportunities.
Build and maintain strong relationships with Brokers, Clients, and Markets by understanding their needs and resolving issues effectively; actively participate in team meetings to share knowledge and contribute to outcomes.
What you need to have:
5+ years of experience in excess of loss reinsurance and accounting, along with a bachelor's degree in accounting, finance, or risk management.
Proficient in Microsoft Office applications (Word, Excel, PowerPoint) with strong attention to detail and ability to manage workload effectively.
Demonstrated teamwork skills with a positive attitude, proactive in offering and implementing ideas to improve processes in a dynamic environment.
Excellent written and verbal communication and negotiation skills.
What makes you stand out:
Insurance and claims experience.
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 an impact on 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.
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 providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you require an accommodation during the application or interview process, please let us know by contacting [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.
The applicable base salary range for this role is $97,700 to $162,700.
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 basis. In 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, 401K savings and other retirement programs as well as employee assistance programs.
Apply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjQ3NzQ0LjEzNzk4QG1tY2NvbXAuYXBsaXRyYWsuY29t
Minimum Education Required
Not Specified
Minimum Experience Required
Not Specified
Shift
First (Day)
Number of Openings
1
Compensation
$97,700.00 - $162,700.00 / Annually
Postal Code
55439
Job Type
Full Time
Place of Work
On-site
Requisition ID
110426
Job Benefits
See job description
How this job compares
Set against the 5,023 open Accounting jobs on Olive Jobs, counted November 11, 2026.
- Pay
- This posting$98–163K/yr
- Minnesota median$92–140K/yr103 salary ranges
- US median$95–140K/yr2,547 salary ranges
This range's midpoint, $130K, is 11% above the Minnesota median midpoint ($118K) — in the middle half of Accounting salary ranges in Minnesota.
- Openings
- Olive Jobs lists 146 open Accounting jobs in Minnesota and 5,023 across the US. 5% of them nationwide are listed as remote or flexible.
- Hiring the most in Minnesota
- CliftonLarsonAllen LLP12 open
- Robert Half10 open
- Deloitte6 open
- Experience
- This posting asks for at least 5 years of experience; Accounting postings that state a minimum ask for 5 years at the median (3,741 postings).
- Education
- This posting asks for a bachelor's degree; 2,495 of the 5,023 open Accounting jobs (50%) ask for a bachelor's degree or higher.
Counted across the open, public US postings on Olive Jobs on November 11, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.
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