Placement Broking Executive â€“ Marsh & McLennan Agency Located in Sydney Global leader within Insurance Broking and Risk Management An ideal opportunity for a senior Broker wishing to demonstrate their strong relationship management and marketing skills within an exciting dynamic business unit About the role Marsh & McLennan Agency (MMA) is a wholly owned subsidiary of Marsh, serving the risk prevention and insurance needs of middle market companies in Australia. As part of this position you will manage the placement of existing and new business while serving as a key negotiator and problem solver in obtaining the most appropriate placements based on our client needs. Providing a value-add service to client service teams you will use your expertise in the market to leverage the best possible solutions for clients.
Responsibilities include but not limited to: Building and maintaining strong relationships with underwriters, practice leaders, claims personnel and client service teams Assisting in the Design, Planning and implementation of clear and effective renewal and broking strategies as required Possess and apply a good understanding of Property / Engineering / General Liability and Motor classes of insurance and keep abreast of all new technical and product developments through attendance at company and industry training events Possess and apply a thorough working knowledge of all aspects of the Insurance (Agents & Brokers) Act, Insurance Contracts Act, Fire Services Levy, Stamp Duties, Worker's Compensation, GST, key Trade Practices Act provisions and other relevant legislation and keep abreast of all new developments Working within and across the region to support new business growth and assist in the development of new products Keeping abreast of changing market conditions and informs practice client servicing teams, and/or clients of major developments affecting various types of coverage Skills and experience required: Ideally, a minimum of five yearsâ€™ experience within a broking, underwriting or placement position A solid understanding of risk management and major classes of insurance (Property, Liability and Motor) would be highly regarded Exceptional communication, influencing, and negotiation skills Relevant Broking qualifications (Tier 1 Compliance) and tertiary studies are desired About Marsh Marsh is a global leader in insurance broking and risk management. Marsh helps clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them effectively manage risk. Marshâ€™s approximately 30,000 colleagues work together to serve clients in more than 130 countries.
Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. How to apply Please send your resume and cover letter to Harveen Bhinder by using the link provided. Applicat....