MMA Placement Broker

1 week ago

Melbourne, Australia Marsh Pty Ltd Full time

Marsh is seeking candidates for the following position based in the Melbourne office:

MMA Placement Broker - VIC

What can you expect?

Marsh & McLennan Agency (MMA), a sister company of Marsh McLennan, services the risk prevention and insurance needs of middle market companies in Australia. As part of this position, you will manage the placement of existing and new business while serving as a key negotiator and problem solver in obtaining the most appropriate placements based on our client needs. Providing a value-add service to client service teams you will use your expertise in the market to leverage the best possible solutions for clients.

This is an ideal opportunity for a Placement Broker wishing to demonstrate their strong relationship management and marketing skills within an exciting dynamic business unit.

What is in it for you?

  • Work within a multi-national insurance broking and risk advisory company offering clients a wide range of specialist services
  • Be part of a great team environment with sociable and supportive colleagues
  • Marsh welcomes all those who can help our shared enterprise to thrive.  We are seeking capable, creative, and fair-minded people who can help us enable our clients’ success
  • Marsh believes that its greatest strength is the collective talent of our people.  The more diverse our backgrounds and experiences are, the more we can achieve together.  Be part of our shared enterprise to thrive
  • A modern and vibrant work environment with flexibility on office/home balance.

We will count on you to:

  • 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 informs practice client servicing teams, and/or clients of major developments affecting various types of coverage.

What you need to have:

  • Ideally, someone with 3-4 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.

What makes you stand out?

  • Humility- looking for someone who is modest and acknowledge the contributions and strengths of others. As a key member of the team, we are looking for that can look towards the teams achievement as well as their own progress.
  • 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. Within this role we are looking for someone who is constantly seeking opportunities for growth, improvement, and achievement.
  • 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. It’s important for the candidate to have good interpersonal skills and can build positive and productive relationships with teammates and clients through effective communication and collaboration.

About Marsh:

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. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and X

Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, 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.

Marsh McLennan 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 McLennan 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.

At Marsh we recognise that our people have different priorities and commitments. We are passionate about providing an inclusive workplace that supports all of our employees in managing those priorities, and we celebrate the diversity of all the family groups that make up our extended Marsh family.

Marsh is proud to be an accredited Family Friendly Workplace www.familyfriendlyworkplaces.com, and a Work 180 endorsed employer. For information on the benefits and policies at Marsh visit www.work180.com and search “Marsh” under endorsed employers.

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