At a Glance
- Tasks: Provide insurance advisory services for major global projects and assess project risks.
- Company: Join Marsh, a global leader in risk management and consulting.
- Benefits: Enjoy hybrid work flexibility, professional development, and a supportive team culture.
- Other info: Collaborative environment with diverse opportunities for growth and well-being.
- Why this job: Make a real impact on significant projects while developing your career in insurance.
- Qualifications: Proven insurance experience and strong technical knowledge required.
The predicted salary is between 50000 - 70000 £ per year.
Overview
The Structured Finance Practice (SFP) is the specialist part of the PEMA. The role performed by the SFP is commonly known as the Lenders' Insurance Advisor (LIA) and we are a market leader in this area of professional consulting services. As a consultant in the team you will provide the insurance due diligence advisory services to Lenders in respect of major projects worldwide. These would include, for example, projects in all the key industry sectors and particularly Energy & Power, Infrastructure and Natural Resources.
We work with Lenders and their other advisers (financial, technical, and legal) to assist the Lenders understand the insurable project risks and secure an acceptable insurance programme which is then contractually required to be maintained by the Project during the period of the loan. Thereafter, we continue to monitor and audit the insurances on an annual basis to ensure compliance with the loan requirements and that the interests of the Lenders continue to be protected during the period of the loan.
Responsibilities
- Review the specific risks of a project, the proposed risk treatment and the insurance/reinsurance programmes to be placed.
- Help identify and develop/nurture new business opportunities through both internal and external client relationships.
- Be curious about and be interested in the projects we work on, and want to understand more about the mechanics of the project, the asset features and key potential risks.
- Work with the Lenders and their advisors (legal, technical and financial) to review the overall project, identify potential risks and insurance coverage needs.
- Review the proposed risk treatment and provide commentary to the Lender on changes or improvements required.
- Negotiate enhancements or additions to the existing policies on behalf of Lenders.
- Receive professional development opportunities and supportive leaders to help you be your best.
- Collaborate with a vibrant and inclusive culture, working with talented colleagues to create new solutions and make an impact for colleagues, clients and communities.
- Benefit from a range of career opportunities, benefits and rewards to enhance your well-being.
Qualifications
- Proven insurance experience.
- A strong technical knowledge of insurance.
- Ability to understand contractual language, risk/insurance issues and to relay conclusions using precise client-friendly language.
- A strong team ethic coupled with the ability to work independently in a high-pressure environment.
What makes you stand out?
- Proven insurance experience of working either as an LIA or acting as the borrower's/sponsors' insurance adviser on debt-financed transactions.
- Understanding of the Lender security requirements (the lender endorsements).
Marsh Risk is a business of Marsh (NYSE: MRSH), 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. 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.
Lender's Insurance Advisor (LIA) in London employer: MARSH LLC.
Marsh Risk offers an exceptional work environment for Lender's Insurance Advisors, fostering a vibrant and inclusive culture that prioritises professional development and collaboration. With a commitment to hybrid work, employees enjoy the flexibility of remote working while benefiting from in-person connections and support from experienced leaders. The company provides a range of career opportunities and rewards, ensuring that every team member can thrive and make a meaningful impact in the dynamic fields of Energy & Power, Infrastructure, and Natural Resources.
StudySmarter Expert Advice🤫
We think this is how you could land Lender's Insurance Advisor (LIA) in London
✨Tap into Campus Networks
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We think you need these skills to ace Lender's Insurance Advisor (LIA) in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to MARSH LLC..
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How to prepare for a job interview at MARSH LLC.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with MARSH LLC..
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✨Network with Industry Professionals
Before your interview, reach out to current or former MARSH LLC. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
