We are seeking a talented individual to join our Marsh Public Sector Team. This role can be based in the Reading offices. This is a hybrid role that has a requirement of working at least three days a week in the office.
The role: New Business Broker
As part of the Marsh Public Sector Team you will work to provide customized insurance and risk management solutions specifically for housing clients across the UK. You will manage a portfolio of potential housing clients, analyse their needs based on detailed data and tender requirements, and create presentations to secure insurance coverage from various markets.
The role requires close collaboration with sales and broking teams to develop strategies, meet deadlines, and build strong relationships with insurers and stakeholders. You will also ensure smooth handovers to client servicing teams and help design insurance programs that meet client specifications, including working on pricing and fees with the Sales Director.
Previous experience within insurance Broking or New Business is ideal but Insurance underwriting may be considered.
We will rely on you to:
Manage a rolling portfolio of housing client prospects, providing tailored insurance and risk management solutions that align with their formal tender specification
Review/analyse large sets of data/information, ascertaining what is required and creating broking presentations for the various insurer markets
Work closely with the Sales Director & Sales Executive and other members of the New Business team to agree individual strategies for every prospect & ensure all relevant deadlines are met
Build strong relationships with insurers and internal & external stakeholders
Understand how the client servicing team operate to ensure when a client is handed over it is done so in a full & complete manner
Identify and develop strategies for clients’ risk management and insurance needs, in conjunction with the Sales Director, Sales Executive & Broking Manager, that can be implemented in a successful bid
Propose insurance program design activities, ensuring alignment with client tender specification
Work with Sales Director on required fees
What you need to have:
Proven insurance experience, preferably in Property-Casualty (Combined) classes but the role will cover a wide ranging spectrum of insurance classes
Excellent communication and interpersonal skills
Strong relationship-building and management abilities
Analytical mindset with problem-solving skills
Ability & willingness to learn new skills
Ability to work to defined & tight deadlines
What makes you stand out:
Previous client-facing experience and a dynamic approach
Ability to remain calm under pressure and work flexibly as needed
Knowledge and understanding of the public sector and social housing sector
Cert CII qualification, with progress towards ACII
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 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.
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