Vice President, Placement

Company:

Marsh

Description:

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

You will be responsible for managing and placing large, complex P&C accounts for corporate clients across various industries. The role requires deep expertise in P&C insurance, exceptional negotiation skills, and a client-centric approach to deliver tailored insurance solutions that mitigate risk and drive value.

We will count on you to:

• Serve as the primary point of contact for large and complex P&C accounts, building and maintaining strong relationships with clients, insurers, and internal stakeholders.
• Collaborate with clients and Marsh advisory teams to analyse risk exposures, assess insurance needs, and develop customised P&C solutions.
• Design and execute placement strategies for complex risks, leveraging Marsh’s global network and market relationships to secure optimal coverage terms and pricing.
• Engage with insurance carriers to negotiate competitive terms, conditions, and pricing, ensuring alignment with client objectives and Marsh standards.
• Develop innovative and cost-effective insurance programmes tailored to the unique needs of clients in industries such as manufacturing, construction, energy, or financial services.
• Stay abreast of P&C market trends, emerging risks, and regulatory changes to provide proactive advice to clients and internal teams.
• Prepare and review placement submissions, proposals, and policy documents to ensure accuracy, compliance, and clarity.
• Work closely with client executives, risk managers, and Marsh’s advisory, claims, and analytics teams to deliver seamless service and integrated solutions.
• Ensure all placement activities adhere to local regulations, Marsh’s internal policies, and industry best practices.

What you need to have:

• Bachelor’s degree in Business, Finance, Insurance, Risk Management, or a related field. Professional qualifications such as CPCU, ARM, or ACI preferred.
• Minimum 5 years of experience in P&C insurance, with at least 3 years in a placement or broking role handling large and complex accounts.
• In-depth knowledge of P&C insurance products, including property, casualty, D&O, cyber, and specialty lines.
• Established relationships with insurers and reinsurers in the Singapore and Asia-Pacific markets.

What makes you stand out:

• Strong analytical and problem-solving skills to assess complex risks and design effective solutions.
• Exceptional negotiation and communication skills to influence stakeholders and secure favourable outcomes.
• Ability to manage multiple high-priority accounts under tight deadlines.

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.

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.