Description: Job Description For PostingWhat can you expect:The successful candidate will be required to work closely with Marsh colleagues (mainly in our Commercial Practice) on the implementation of placement strategy for client's insurance programs.
You will build and maintain strong relationships and develop strategic partnerships with key insurance carriers within the region, negotiate with insurers to achieve the best terms whilst delivering a first class service for clients.
What you will be rewarded with:Our employees enjoy excellent benefits such as:Competitive salary with annual reviewUp to 12% pension contributionHealthcare coverStudy SupportFlexible working arrangementsSports & Social clubs/Wellness ProgrammePaid annual leave and ability to purchase additional leave daysTravel ticket/bike to work/dental are optionalSubsidised canteen35 hour working weekWe will rely on you to:Negotiate renewals and new business cases with the insurance market to obtain the best terms possible including complex or difficult casesUnderstand the business needs, insurance requirements and risk management strategy of our clients and convey to insurersUndertake appropriate research and analysis to select markets and and where required assist in the design of insurance programmes to meet the client's requirementsProvide recommendations and advice on placement strategy, programme structure and market conditions including occasional presentations to clients where appropriateProvide regular updates to the Client Service teams on progress of insurer negotiationsFully document all quotations received and advise the Client Servicing team of all conditionsAct as a referral point for the resolution of complex insurer queriesHost client and insurer meetings in partnership with the client service team as requiredSupport the Team Leader in management functions as requiredEnsure operational procedures are followed and can be demonstrated at all timesDevelop and maintain strong working relationships with insurers and seek feedback on Marsh's service through ongoing dialogueWorking to and meeting tight deadlines for the delivery of insurance terms for clients/prospectsWhat you will need to have:Proven experience of insurance broking /placement or underwriting for commercial/corporate accounts - essentialAwareness of Clients' business, their business issues, insurance programmes and service plansStrong communication skillsAbility to work under pressure and to meet tight deadlinesFlexible and team playerExcellent insurer trading & negotiation skillsExcellent verbal and written communication skillsAbility to maintain clear lines of communication with various internal and external stakeholders Ability to identify areas to improve efficiency, accuracy and analysis and suggest ways of improvementProven relationship management experience with a strong insurer/broker network of contactsExcellent organisational skills with the ability to manage multiple enquiries simultaneouslyFully Competent in Microsoft Office Products (Word, Excel, PowerPoint, Outlook)Fully qualified CIPWhat makes you stand out:Strong experience in insurance A degree in Business Studies or a related discipline (desirable)Fully qualified ACII - desirableMARSH is the world's leading insurance broker and risk adviser.
With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services.
Marsh is a business of (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, with 76,000 colleagues and annualized revenue approaching $17 billion.
Through its market-leading businesses, including , and , Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment.
