At a Glance
- Tasks: Lead complex D&O and Crime placements, providing exceptional service to global colleagues.
- Company: Join Marsh, a global leader in risk and management consulting.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Embrace diversity and enjoy a flexible work culture at Marsh.
- Why this job: Make an impact in a dynamic environment while collaborating with international teams.
- Qualifications: Experience in broking or underwriting, with strong communication and organisational skills.
The predicted salary is between 40500 - 49500 £ per year.
Marsh
We are seeking a talented individual to join our FINPRO team at Marsh.
This role will be based in London. This is a hybrid role that has a requirement of working at least three days per week in the office.
The successful candidate will be working in our Management Liability wholesale team handling the placement of D&O and Crime risks sent to us from the global Marsh network.
The focus will be supporting our colleagues in Australia and Europe to find London solutions for their clients, which are typically major US and ASX listed public companies.
We will count on you to
- Act as the lead placing broker handling large and complex D&O and Crime placements from start to finish.
- Provide exceptional customer service to our overseas colleagues by finding London market solutions as requested, and providing account-specific and general market updates on a regular basis.
- Ensure all renewal and new business deadlines are met, and supervise the creation and ensure accuracy of MRCs/slips.
- Develop strong working relationships with both the global network of Marsh retail brokers and London market underwriters.
- Work with the wider team to create innovative new insurance solutions and roll them out to our global network.
What you need to have
- Technical knowledge of D&O and other Financial Lines and a solid understanding of Lloyd's and the London market.
- Experience in broking, underwriting, or claims, preferably with a focus on Financial Lines.
- Excellent communication skills (written and verbal) which is particularly important when dealing with our global network.
- Solid organisational skills and ability to effectively handle multiple complex placements with common renewal dates.
What makes you stand out?
- Strong negotiating skills and existing London market relationships.
• Positive attitude and ambitious nature!
- Willingness and ability to travel.
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 Linked In and X.
Marsh is committed to embracing a diverse, inclusive and flexible work environment.
We aim to attract and retain the best people and embrace diversity of 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 reasonableaccommodations@marsh. com.
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.
Senior Placement Broker employer: Marsh
Marsh is an exceptional employer that fosters a dynamic and collaborative work culture, where innovation thrives and employees are empowered to make impactful contributions. With a strong focus on professional development, team members have access to numerous growth opportunities while working in a hybrid environment that balances flexibility with in-person collaboration across various UK locations. Joining Marsh means being part of a forward-thinking team dedicated to delivering cutting-edge AI solutions in a supportive and inclusive atmosphere.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Placement Broker
✨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. 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. 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, 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!
We think you need these skills to ace Senior Placement Broker
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 can kickstart your career in insurance.
How to prepare for a job interview at Marsh
✨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.
✨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 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!
