At a Glance
- Tasks: Support placement activities in a dynamic, collaborative team focused on the Latin American market.
- Company: Join Guy Carpenter, a leading global risk and reinsurance firm with a vibrant culture.
- Benefits: Enjoy professional development, hybrid work flexibility, and a supportive environment.
- Other info: Be part of a diverse team that values inclusion and personal growth.
- Why this job: Kickstart your career in reinsurance while gaining international exposure and technical knowledge.
- Qualifications: Fluency in English and intermediate Spanish, plus experience in insurance or reinsurance.
The predicted salary is between 29700 - 36300 £ per year.
We are seeking a talented individual to join our Placement Broking team at Guy Carpenter. This role will be based in the London office. This is a hybrid role that has a requirement of working at least three days a week in the office.
This is an exciting opportunity to join a highly collaborative and internationally focused team supporting placement activity across the Latin American market. Working closely with Brokers, Clients, Reinsurers, and internal stakeholders, you will play a critical role in ensuring the smooth execution of placement activities while delivering exceptional service and maintaining regulatory and compliance standards.
We are particularly interested in candidates who have experience within insurance or reinsurance, whether gained through broking, underwriting, client servicing, account handling, operations, or related support functions. If you are looking to develop your technical knowledge, build international market exposure, and establish a long-term career within the reinsurance industry, this role offers an excellent platform for growth.
As this role supports the Latin America team, fluency in English and at least intermediate-level Spanish is essential.
We will rely on you to:
- Assist with client renewal reviews, contract drafting, and production of final contract documentation.
- Manage full-cycle use of the GC Marketplace e-trading platform, from market submission to confirming reinsurer participations.
- Support brokers by preparing submissions, tracking placement status, and liaising with reinsurers on placements and queries.
- Maintain core placement files to ensure compliance with best practices, regulatory, and compliance requirements.
- Handle client onboarding, respond to information requests, and take key responsibility for compliance policies including sanctions, AML, and ABC.
- Collaborate with Broking, Support, and Service Teams across offices, participate in meetings, and monitor business metrics.
What you need to have:
- Fluency in English and intermediate-level Spanish (or above) is essential.
- Previous experience within commercial insurance, reinsurance, broking, underwriting, or a related insurance environment.
- Excellent organisational skills with the ability to manage multiple priorities and enquiries simultaneously.
- An understanding of clients’ businesses, insurance programmes, and service requirements.
- Strong written and verbal communication skills.
- Confidence when liaising with stakeholders and supporting negotiation processes.
- The ability to build, manage, and maintain effective professional relationships.
What makes you stand out:
- A proactive and dynamic approach, with previous client-facing experience.
- The ability to remain calm under pressure while adapting to changing priorities and business needs.
- A strong desire to develop your career within the insurance or reinsurance market.
- Cert CII qualification, with progress towards ACII, would be advantageous.
- An interest in working within an international environment and supporting clients across multiple markets.
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.
Placement Broker Support employer: Marsh McLennan
Marsh Commercial is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. With a strong focus on employee growth, you will have access to ongoing professional development opportunities while working in a hybrid environment that balances flexibility with in-office teamwork. Join us to make a meaningful impact in insurance and risk management, all while being part of a supportive and forward-thinking team.
StudySmarter Expert Advice🤫
We think this is how you could land Placement Broker Support
✨Join Insurance Networks
Dive into local insurance networks or associations. Events like the British Insurance Brokers' Association conferences are goldmines for meeting industry professionals and could lead to placements like the one at Marsh McLennan. Don't shy away from introducing yourself and chatting about your interest in the field!
✨Leverage University Career Services
Your university's career services are a fantastic resource for securing a placement. They often have connections with companies, including those in the insurance sector like Marsh McLennan. Make sure you’re utilising their workshops and career fairs to make yourself visible to potential employers.
✨Get Hands-On with Work Experience
Seek out any additional work experience opportunities, even if they’re short-term. Roles like customer service in an insurance office can give you a foot in the door and useful insights. Plus, it shows future employers, like Marsh McLennan, that you’re proactive and eager to learn!
✨Follow Industry Trends
Stay updated on the latest trends and news in the insurance industry. Engaging with content on platforms like LinkedIn will help you join relevant discussions and showcase your knowledge. This could help you stand out when applying for placements at places like Marsh McLennan!
We think you need these skills to ace Placement Broker Support
Some tips for your application 🫡
Highlight Your Analytical Skills:In the insurance industry, strong analytical skills are crucial. Make sure to showcase any relevant coursework or projects that demonstrate your ability to evaluate risk and data. This could be stats, financial modelling, or even case studies that you've tackled during your studies.
Show You're Customer-Focused:Insurance is all about helping customers manage risks and navigate their options. In your cover letter, include specific examples of how you've provided excellent customer service or solved problems for clients in any capacity, be it during part-time jobs or volunteer work.
Tailor Your CV for the Sector:When crafting your CV, make sure you're using language and terminology that's familiar in the insurance field. Highlight any relevant insurance legislation or software skills you have, and mention any internships or courses that specifically relate to insurance. This is your chance to show you know what's what in the industry.
Express Your Eagerness to Learn:As this is a placement, companies will be looking for your motivation to learn and grow within the industry. In your application, don’t hold back! Let us know what you’re keen to learn and how you believe this opportunity at Marsh McLennan can kickstart your career in insurance.
How to prepare for a job interview at Marsh McLennan
✨Brush Up on Industry Knowledge
Since we're diving into the insurance sector, it’s crucial to brush up on industry trends and key players. Familiarise yourself with terms like underwriting, risk assessment, and claims management to show your solid understanding in the placement interview with Marsh McLennan.
✨Bring Your Analytical Skills to the Fore
Be prepared to discuss how you approach problem-solving and risk analysis. You might face case study questions that assess your ability to interpret data and make decisions based on it, which is key in the insurance field.
✨Show Your Eagerness to Learn
As this is a placement, your enthusiasm to learn and grow is paramount. Think about how you can convey your motivation to absorb knowledge quickly and how you can contribute to the team at Marsh McLennan while you’re learning.
✨Glam Up Your CV and Work Experience
Tailor your CV to highlight any relevant coursework, projects, or part-time roles that relate to insurance. If you’ve used any specific tools—like actuarial software or data analysis programmes—make sure to mention those. That'll catch their eye!
