The posting
Company:
Marsh
Description:
R_371720 - Casualty Placement Broker
We are seeking a talented individual to join our Risk Management (RM) Casualty Broking team at Marsh. This role will be based in the London office.
We are seeking a junior Casualty Placement Broker. This role is perfect for someone with a light background within Casualty insurance or the London Market, which could include Broking or Underwriting looking to move into a role responsible for some of Marsh’s Flagship clients.
We will rely on you to:
- To lead and support on the implementation of placement strategy for casualty insurance renewals in collaboration with colleagues
- Understand the business needs, insurance requirements and risk management strategy of our clients and convey to insurers
- Undertake appropriate research and analysis to select markets and design an insurance programme to meet the client’s requirements for global and complex placements
- Provide recommendations and advice on placement strategy, programme structure and market conditions including presentations to clients where appropriate
- Provide regular updates to the Client Service teams on progress of insurer negotiations
- Utilise the Marsh online trading system (Eurotrade 2) and Whitespace
- Fully document all quotations received and advise the Client Servicing team of all conditions
- Act as a referral point for the resolution of insurer queries and the provision of market conditions and latest trends in the industry
- Host client and insurer meetings in partnership with the client service team
- Contribute to rolling risk management strategy with clients and insurers
- Ensure operational procedures are followed and can be demonstrated at all times
- Build strong relationships with insurers and seek feedback on Marsh’s service through ongoing dialogue
What you need to have:
- Some experience within a similar role within the Casualty Market or London Market
- Excellent organisational skills and attention to detail with the ability to manage multiple tasks simultaneously.
- Proficiency in Microsoft Office Applications.
- Strong written and verbal communication skills.
- Confidence to advise and negotiate.
- The ability to build, manage and develop relationships.
What makes you stand out:
- A desire for a long-term career within the insurance industry
- A thirst for learning and the opportunity to study for further insurance related qualifications
- Previous experience within a similar role/industry
- Strong focus on teamwork but the ability to also work independently
- Excel, Word & Outlook knowledge
- ACII (or equivalent) preferred
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 impact for 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [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.
