Business Development Executive
Join to apply for the Business Development Executive role at Marsh.
Due to our continued growth, Marsh has a number of newly created opportunities available for experienced Business Development professionals to join our Corporate team. These roles will be based in Melbourne or QLD. These are hybrid roles that have a requirement of working at least three days a week in the office.
Responsibilities
Cultivate and qualify prospect relationships including key contacts and financial data
Diligently manage a prospect pipeline, maintain regular communications with all prospects and efficiently move opportunities through the sales funnel
Full use of the Marsh Customer Relationship Management (CRM) software to manage sales funnel and provide real time overview of pipeline and performance
Conduct target market and industry research in conjunction with the MMC Resource Centre to identify new prospects and develop industry knowledge to support and drive sales activity
Review and update databases to identify target portfolios and identify market opportunities
Identify continuous improvement opportunities and new ways to streamline our process and drive growth
Leverage marketing channels as well as buying groups and association relationships
Create and manage individual development plan that includes financial goals, specific prospects and sales strategies
Identify and prioritise prospects in consultation with the Risk Management & Corporate State Leader and Sales and Industry Practice leaders
Lead the development and delivery of proposals and presentations to prospects in order to articulate our understanding of specific risk issues and how our solutions and services can address specific issues
Negotiate terms and conditions of engagement with prospects in compliance with the Marsh operating model
Comply fully with the Company's Errors and Omissions avoidance procedures, Australian ASFL requirements and internal policies
Qualifications
Tier 1 FSRA Compliance and ANZIIF Associate membership or willing to obtain
Relevant Business Development or Insurance Broking experience
Strong business acumen including a well-rounded knowledge of general business functions including finance, management and risk
Exceptional communication, influencing/selling, problem solving and negotiation skills
Strong interpersonal skills and organisational skills in prioritizing work, multi-tasking and consistently meeting deadlines
Preferred Qualifications
Strong knowledge and application of broking principles, insurance products, and renewal
Sales mindset and self-motivated
Excellent working relationships with insurers and underwriting partner
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
About Marsh
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 marsh.com, or follow 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.
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