Company: Marsh
Description: Placement Broker
We are seeking a talented individual to join our Placement Broking team at Marsh & McLennan Agency. This hybrid role will be based in Melbourne. An ideal opportunity for a senior Broker wishing to demonstrate their strong relationship management and marketing skills within an exciting dynamic business unit.
Responsibilities
- 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
- 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
- Keep abreast of changing market conditions and inform practice client servicing teams and/or clients of major developments affecting various types of coverage
Requirements
- Ideally a minimum of 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
- Relevant Broking qualifications (Tier 1 Compliance) and tertiary studies are desired
Desired Qualities
- Exceptional communication, influencing and negotiation skills
- 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, Workers Compensation, GST, key Trade Practices Act provisions and other relevant legislation
Benefits
- 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
Marsh a business of Marsh McLennan (NYSE : MMC) is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk strategy and people advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information visit or follow on LinkedIn and X.
Marsh McLennan is committed to creating a diverse, inclusive and versatile 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.
Key Skills
- Sales Experience
- B2B Sales
- Business Management
- Pricing
- Securities Law
- Service-Oriented Architecture
- Inside Sales
- Market Research
- Outside Sales
- Telemarketing
- WebSphere
- Negotiation
Employment Type: Full-Time
Experience: years
Vacancy: 1
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