Associate Placement Director

1 Month ago • 8 Years +

Job Summary

Job Description

This role, based in the Guangzhou office, involves leading the local MMB placement agenda, implementing strategies, and managing relationships with carriers. Responsibilities include developing placement strategies, driving the development of the broking function, and enhancing local placement capabilities. The role also involves handling business placements, ensuring competitive deals, achieving portfolio profitability, generating insurer-related revenues, and supporting new product innovations. The individual will also be expected to support junior brokers, engage with claims functions and manage potential E&O's. The role requires proactive communication with stakeholders and self-generating ideas to close outstanding issues.
Must have:
  • Bachelor's Degree or above.
  • Excellent oral and written communication skills.
  • Excellent oral and written English.
  • Able to handle a variety of assignments simultaneously.
  • Sound understanding of the Employee Health Benefits market.
  • Knowledge of relevant insurers and third-party service providers.
Good to have:
  • Knowledge with employee benefit and compensation.
  • Strong project management skills.
  • Ability to prioritize and handle multiple tasks in a demanding work environment

Job Details

Company:

Mercer

Description:

We are seeking a talented individual to join our Placement team at Mercer China. This role will be based in Guangzhou Office. This is a hybrid role that has a requirement of working at least three days a week in the office.

We will count on you to:

  • Leading the local MMB placement agenda
  • Implementing the international and regional MMB placement roadmap.
  • Developing local MMB Placement strategies and initiatives, in alignment with global and regional MMB.
  • MMB carrier relationship management, to maximize support for MMB initiatives.
  • Driving development of dedicated MMB broking function.
  • Driving development of local MMB Placement Value Proposition, in alignment with global and regional MMB.
  • Supporting development and implementation of MMB Placement Technology.
  • Enhancing the local MMB placement capabilities
  • Build and maintain strong relationships with local underwriters and operational levels of engagement with the Insurance market.
  • Support MMB placement facilities terms and conditions, pricing and commission rates.
  • Handle local large MMB business placements.
  • Drive the most competitive deals for local clients.
  • Ensure MMB approach to the market as a unified organization.
  • Achieve commission uplift across the local portfolio and drive portfolio profitability.
  • Generate local insurer related revenues.
  • Develop a local approach towards the capturing of the placement data.
  • Drive proactive development of MMB solutions to address client needs.
  • Support the innovation of new products, solutions and capacity.
  • Support the development of junior brokers and enhance broking skills in the organization.
  • Engage with the claims function and support claims negotiations with insurers where needed.
  • Resolve potential E&O's and advocate for clients on challenging claims.
  • People
  • Maintaining good relationship with the insurance market.
  • Proactive communication with all internal and external stakeholders.
  • Self generating new ideas and capable of closure on existing/outstanding issues.

What you need to have: 

  • Bachelor's Degree or above.
  • Excellent oral and written communication skills.
  • Excellent oral and written English.
  • Able to handle a variety of assignments simultaneously.
  • Sound understanding of the Employee Health Benefits market, along with understanding of the specific role of a senior Placement Broker and its working practices.
  • Knowledge and understanding of relevant insurers, third party service providers and their products and services, and an awareness of competitors.

What makes you stand out?

  • Knowledge with employee benefit and compensation
  • Strong project management skill.
  • Ability to prioritize and handle multiple tasks in a demanding work environment

Why join our team:

  • At least 8 years of experience in group employee insurance, group employee insurance brokerage and/or consulting.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. 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 mercer.com, or follow on LinkedIn and X.

Marsh McLennan 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, 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. In the recruitment process, Marsh McLennan does not restrict a position to a particular gender, does not inquire or investigate the marital or maternal status of female candidates, does not impose any limitations on marriage or childbirth, does not use marital or maternal status of a condition for hiring, and does not raise the qualification standard for female candidates. When you apply for a position with us, we must obtain Personal Data, which is any data that can directly or indirectly lead to the identification of a specific individual, such as your name, contact information, employment history, education information, work skills, and licensure and certifications (if applicable). We also collect any other information you have provided in your CV, covering letter, application form, or during an interview (if applicable). Marsh McLennan limits the Personal Data that it collects to that which is relevant and proportionate for the intended purpose. Where necessary and permitted or required by law, we may collect Personal Data deemed sensitive under applicable law (for example, ethnicity, fitness to work or criminal convictions information). Marsh McLennan collects Personal Data directly from you and, depending on the circumstances and the type of role applied for, recruitment agencies, background check providers, your named referees and occupational health providers. Marsh McLennan retains Personal Data consistent with applicable local law and business practices Please make sure you read through and fully understand our “Job Applicant Data Privacy Statement” before you submit your application.

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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About The Company

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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