Posted on: 23 May 2024
ID 915170

Risk Management Placement Specialist

This inclusive employer is a member of myGwork the largest global platform for the LGBTQ+ business community.

Marsh is the worlds leading insurance broker and risk adviser. With more than 45, 000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and Twitter.

MARSH is seeking candidates for the following position based in Any Marsh South Africa office:

RM PLACEMENT SPECIALIST

What You Can Expect

We are currently seeking a highly skilled and experienced RM Placement Specialist to join our team. As an RM Placement Specialist, you will be responsible for handling high complexity accounts. Your expertise will be crucial as you will be handling challenging renewals, ensuring optimal outcomes for both clients and the organization.

We Will Rely On You To
  • Placement Broking on high complexity accounts
  • Participate in internal and client renewal strategy meetings
  • Negotiate terms with local insurers and wholesale brokers
  • Analyze and make recommendations on terms and quotes
  • Lead renewal meetings with local insurers
  • Develop relationships with insurers at a mid-management level
  • Provide advisory support to the Client Executive
  • Attend ad hoc client meetings, when requested
What You Need To Have
  • Minimum 3 years experience in similar role with broking
  • Min - NQF level 4 completed
  • FAIS Compliant
  • Property, Casualty & PTS knowledge and experience
  • Excellent negotiating skills
  • Conversant with the coverage provided by all classes of insurance handled within Placement
  • General knowledge of specialist classes of insurance
  • Ability to broker high complexity accounts in the local insurance market
  • Ability to implement the placement strategy on high complexity accounts
  • Ability to identify suitable insurance markets for specific risks
  • Basic knowledge of risk financing techniques, risk management principles, and reinsurance mechanics
You will stand out if
  • You have the London (UK) market knowledge & experience
  • Obtained or commenced studies towards Higher Certificate in Insurance / IISA Introductory Programme in Short Term Insurance / IISA Programme in Short Term Insurance or NQF level 5
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.
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