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For Companies At a Glance
- Tasks: Join our team to assess risks and develop placement solutions for clients.
- Company: Marsh, a global leader in risk management with a vibrant culture.
- Benefits: Professional development, hybrid work, and a supportive environment.
- Why this job: Make an impact in the insurance industry while working with talented colleagues.
- Qualifications: Experience in Casualty insurance and strong relationship-building skills.
- Other info: Exciting career opportunities in a diverse and inclusive workplace.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a talented individual to join our London Market Casualty Broking team at Marsh. This role will be based in London and is a hybrid role that requires working at least three days a week in the office.
Within this role, the broker will be responsible for placing Casualty risks into the London Market, promoting London Market Risks to Marsh branches, and driving the transfer of business to the London Market Team. The role also involves attending client and prospect meetings as needed.
Responsibilities
- Assesses risk expertise and knowledge of industry and carriers to help develop placement solutions that meet client needs.
- Implements the Placement strategy to achieve growth goals and provide exceptional client service.
- Documents all activities in the system to ensure timely follow up by client, carriers and client team.
- Assists in the management of submitting coverage specifications and obtains quotes from carriers based upon the “assist, advise, and assume” transaction model.
- Improves relationships with carriers, underwriters and client team to provide cohesive client service.
- Forecasts and confers a basic understanding of changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.
What you need to have
- Previous Broker or General Insurance experience within the Casualty sector.
- The ability to build, manage and develop relationships.
- Good interpersonal, negotiation, organisation, communication and planning skills.
- Excellent personal drive and self-motivation.
- IT literate.
What makes you stand out
- Experience in placing risks for all types of UK business.
- Enthusiastic and hard working.
- Results oriented with strong business awareness.
- Ability to complete work to a high standard within strict timescales individually, and as part of a team.
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.
London Market Casualty Broker employer: Marsh & McLennan Companies
Contact Detail:
Marsh & McLennan Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land London Market Casualty Broker
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant groups. The more people you know in the London Market, the better your chances of landing that Casualty Broker role.
✨Tip Number 2
Practice your pitch! You never know when you'll meet someone who could help you land a job. Be ready to explain who you are, what you do, and why you're passionate about Casualty broking in a concise and engaging way.
✨Tip Number 3
Leverage social media! Follow companies like Marsh on LinkedIn and engage with their posts. This not only shows your interest but also helps you stay updated on job openings and industry trends.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Marsh and ready to dive into the exciting world of Casualty broking.
We think you need these skills to ace London Market Casualty Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the London Market Casualty Broker role. Highlight your relevant experience in the Casualty sector and any specific skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your interpersonal and negotiation skills, as they’re key for this position.
Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just duties. Use numbers and examples to demonstrate how you've successfully placed risks or improved client relationships. We love seeing results-oriented candidates!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Marsh & McLennan Companies
✨Know Your Casualty Stuff
Make sure you brush up on your knowledge of casualty risks and the London Market. Be ready to discuss specific examples from your past experience that demonstrate your understanding of the sector and how you've successfully placed risks before.
✨Show Off Your Relationship Skills
This role is all about building and managing relationships, so come prepared with examples of how you've developed strong connections with clients and carriers in the past. Highlight your interpersonal skills and how they’ve helped you achieve results.
✨Be Ready to Discuss Market Trends
Stay updated on current trends in the insurance and risk management market. Be prepared to share your insights on how these trends could impact clients and the types of coverage they might need. This shows you're proactive and knowledgeable.
✨Demonstrate Your Drive and Organisation
The interviewers will be looking for your personal drive and ability to work under pressure. Share examples of how you've managed tight deadlines and high standards in your previous roles. Show them you can juggle multiple tasks while keeping everything organised.
