Placing Broker - GC Access, MGA Clients

1 Month ago • All levels

Job Summary

Job Description

This role involves supporting the renewal of insurance programs for MGA clients and carriers. Responsibilities include cultivating relationships with carriers, generating capacity from Lloyd's, and negotiating pricing. You will address client queries, build relationships with London market clients, and stay informed about market conditions. The role requires ensuring timely follow-up on documentation and resolving issues effectively, demanding strong analytical and communication skills. The company offers world-class resources to drive growth in this dynamic sector.
Must have:
  • ACII qualification or actively pursuing it
  • Demonstrated success in Insurance Broking or Underwriting
  • Strong understanding of the insurance market
  • Ability to collaborate effectively with colleagues
Good to have:
  • Experience in property and construction placements
  • In-depth knowledge of the North American binder market
  • A proven track record of generating DUA support
Perks:
  • Professional development opportunities
  • Vibrant and inclusive culture
  • Range of career opportunities
  • Benefits and rewards to enhance your well-being

Job Details

Company:

Guy Carpenter

Description:

In this role, you will support the renewal of insurance programs for (MGA) clients and carriers. You will cultivate strong relationships with carriers in the MGA sector to understand their needs, generate capacity from Lloyd’s to support Binders in the North American region, and negotiate pricing, terms, and conditions with Binder markets and reinsurers to secure favourable outcomes for clients. You will have access to world-class resources, including analytics, technology, product expertise, and a robust network to drive growth in this dynamic sector.

We will count on you to:

  • Ensure timely follow-up on contract documentation and facilitate the smooth flow of materials.

  • Address client queries and concerns promptly, resolving issues effectively.

  • Build and maintain strong relationships with the London market clients, and colleagues.

  • Stay informed about insurer and reinsurer capabilities, including product lines, capacity, and approvals.

  • Demonstrate a keen awareness of market conditions to better serve clients and secure optimal terms.

  • Document correspondence in accordance with GC procedures.

What you need to have:

  • Preferably ACII qualified or actively pursuing the ACII qualification.

  • Demonstrated success in Insurance Broking or Underwriting.

  • Strong understanding of the insurance market landscape.

  • Experience in property and construction placements is a plus.

  • In-depth knowledge of the North American binder and (re)insurance market.

  • Proven ability to collaborate effectively with colleagues, clients, and industry leaders at all levels.

  • Strong analytical and problem-solving capabilities and excellent communication and presentation skills.

  • Ability to manage potential conflicts of interest and handle sensitive information with discretion and integrity.

  • Ability to maintain composure under pressure and meet tight deadlines.

What makes you stand out?

  • A proven track record of generating DUA support from the London markets.

  • Knowledge of the London market landscape, including carrier capacity, classes, territories, and underwriting personnel.

  • Access to decision-makers within the industry.

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 an 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.

Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. 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 guycarp.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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