Mma Placement Broker
2 days ago
Marsh is seeking a skilled Placement Broker to join their Sydney office. As a key member of the team, you will be responsible for managing the placement of existing and new business, serving as a key negotiator and problem solver in obtaining the most appropriate placements based on client needs.
About the Role:- Build and maintain strong relationships with underwriters, practice leaders, claims personnel, and client service teams.
- Assist 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.
- Work within and across the region to support new business growth and assist in the development of new products.
- Keep abreast of changing market conditions and inform practice client servicing teams and/or clients of major developments affecting various types of coverage.
- Ideally, a minimum of five years' 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.
- Humility - looking for someone who is modest and acknowledges the contributions and strengths of others.
- Negotiating - effectively explores alternatives and positions to reach outcomes that gain the support and acceptance of all parties.
- Drive - we are looking for someone with a strong work ethic, drive, and ambition to go above and beyond in their role.
- Project management - is capable of conceiving, planning, and executing milestones until project delivery.
- Relationship management - someone who has emotional intelligence and the ability to understand and navigate interpersonal relationships effectively.
Marsh is the world's leading insurance broker and risk adviser. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services.
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