Vice President - Senior Placement Broker

2 Months ago • 8 Years +

Job Summary

Job Description

This role, based in Singapore, primarily focuses on Property and Casualty (re)insurance programs. The candidate will support broking strategy, facilitate the placement of new and renewal business, and provide marketing and program design advice. Responsibilities include coordinating placement solutions, managing accounts, analyzing terms, conducting insurer meetings, and collaborating with international colleagues. The role involves supporting revenue growth, ensuring business retention, and facilitating day-to-day policy servicing.
Must have:
  • 8+ years of international broking/insurance experience
  • In-depth knowledge of General Property & Casualty reinsurance
  • Excellent written and verbal communication skills
  • Certificate in General Insurance (CGI) or equivalent
Good to have:
  • Good time management and adherence to timelines
  • Eye for detail and good with numbers
  • Strong negotiation and problem solving skills
  • Highly motivated team player with good interpersonal skills
  • Ability to navigate in a fast-paced environment
  • Honest and with integrity
Perks:
  • Professional development opportunities
  • Inclusive culture
  • Range of career opportunities
  • Benefits and rewards

Job Details

Company:

Marsh

Description:

We are seeking a talented individual to join our Bowring Marsh team at Marsh. 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.

  • The role will primarily focus on Property and Casualty (re)insurance programs.
  • The successful candidate will support our broking strategy and facilitate the placement of both new and renewal business, with a primary emphasis on our Australia and New Zealand portfolio. There may also be occasional involvement with Asian-domiciled business.
  • The candidate will be responsible for providing comprehensive marketing and program design advice to our clients.
  • They will support and drive revenue growth related to the Australia and New Zealand portfolio in order to meet our established growth targets.

We will count on you to:

  • To coordinate placement solutions to meet client needs
  • Lead a number of territory-specific accounts, including supporting Marsh network in accessing Asia (re)insurance market capacity. Ensure business retention and growth of the wholesale portfolio
  • Coordinate with other placement hubs to execute placement requirements promptly
  • Facilitate day-to-day policy account servicing with retail offices, global placement hubs and markets
  • Ensures a comprehensive analysis of terms received from markets and that the final recommended lead terms are the best for the clients
  • To conduct regular meetings with insurers on account participation
  • Coordinate with overseas colleagues on international client / cedant meetings and market roadshows

What you need to have:

  • More than 8 years working experience in international broking house or insurance company
  • In depth knowledge General Property & Casualty reinsurance business (underwriting and/or broking)
  • Excellent communication skills, written and verbal
  • Attained Certificate in General Insurance (CGI) or equivalent, ANZIFF or ACII will be an advantage

What makes you stand out?

  • Good time management and adherence to timelines
  • Eye to detail and good with numbers.
  • Strong negotiation and problem solving skills.
  • Highly motivated, team player with good interpersonal skills.
  • Ability to navigate swiftly in a fast-paced environment.
  • Honest and with integrity.

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.

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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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