Corporate Placement Broker

2 Months ago • All levels

Job Summary

Job Description

The Corporate Placement Broker role at Marsh involves building and maintaining client and insurer relationships. Responsibilities include managing placement activities for a diverse portfolio, providing expert advice on placement strategy, and attending client and insurer meetings. The role also includes staying updated on market conditions and ensuring compliance standards. The ideal candidate will have experience in commercial insurance, excellent organizational and communication skills, and the ability to build relationships. This is a hybrid role with the requirement of working at least three days a week in the office.
Must have:
  • Proven experience in commercial insurance, broking, or underwriting is essential.
  • Excellent organizational skills to manage multiple inquiries simultaneously.
  • A good awareness of clients’ business, insurance programs and service plans.
  • Strong written and verbal communication skills.
  • Confidence to advise and negotiate.
  • The ability to build, manage and develop relationships.
Good to have:
  • Dynamic with previous client facing experience.
  • The ability to remain calm under pressure and work flexibly.
  • Cert CII qualified and working towards ACII is desirable.
Perks:
  • Professional development opportunities.
  • Interesting work and supportive leaders.
  • A vibrant and inclusive culture.

Job Details

Company:

Marsh

Description:

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

The role: Corporate Placement Broker – Marsh

We have a fantastic opportunity to join our Placement Broking as a Corporate Placement Broker in our Glasgow office. This is the perfect role for someone looking to build and maintain strong relationships and develop strategic partnerships with clients, colleagues and key insurance carriers.

Within this role you will be responsible for managing the placement activity for a diverse portfolio of clients focussed predominantly around Property, Liability and Fleet both multinational and UK based.

We will rely on you to:

  • Build and maintain strong relationships and develop strategic partnerships with key insurers whilst negotiating to achieve the best terms and deliver a first class service for clients

  • Act as the reference point for advice and technical expertise to the internal client servicing teams

  • Provide recommendations and advice on placement strategy, programme structure and market conditions including occasional presentations to clients where appropriate

  • Fully document all quotations received and advise the Client Servicing team of all conditions

  • Attend client and insurer meetings in partnership with the client service team

  • Build strong relationships with insurers and seek feedback on Marsh’s service through ongoing dialogue

  • Contribute to rolling risk management strategy with clients and insurers

  • Maintain a detailed understanding of changing market condition and understand and comply with all compliance, professional and transparency standards to better serve clients

What you need to have:

  • Proven experience of commercial insurance, broking or underwriting is essential

  • Excellent organisational skills with the ability to manage multiple enquiries simultaneously

  • A good awareness of clients’ business, their business issues, insurance programmes and service plans

  • Strong written and verbal communication skills.

  • Confidence to advise and negotiate.

  • The ability to build, manage and develop relationships.

What makes you stand out:

  • Dynamic with previous client facing experience

  • The ability to remain calm under pressure and be able to work flexibly when required

  • Cert CII qualified and working towards ACII is desirable

Why join our team:

  • 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.

#hybrid

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 embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.

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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