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Marsh & McLennan Property Placement Broker in London, United Kingdom

Marsh Risk Management Placement have a vacancy for a Property Placement Broker to join our team. The Risk Management segment at Marsh is dedicated to the service and placement of UK domiciled global clients usually in the FTSE 250. We also work with UK only clients who have complex risk and insurance needs, including the power sector. The key aspects of the role are as follows: Formulates Placement strategy – including market selection and market engagement strategy. Drives challenge and competition in the market by differentiating our client’s risks Gives guidance and advice on policy coverage working with our in house technical coverage team. Instructs the submission of coverage specifications and obtains quotes from insurers Consults with client executives and client teams to support client retention and new business production. Negotiates with lead and follow insurers on coverage and reinsurance agreements. Is responsible for the binding of coverage and mid term adjustments as necessary Inspects the binding of coverage and is responsible for the accuracy of placement binders. Drives and builds relationships with practice, insurance markets, clients, carriers and/or underwriters to provide cohesive client service. Masters a detailed understanding of changing insurance and risk management market conditions. Works directly with clients to explain our approach and provide advice on different coverage and programme structure options. For this role we are looking for someone with the majority of the below skillset : Extensive (ideally five plus years) within Property and Business Interruption insurance Ideally experience in the international market, as well as UK Strong client facing skills As the role here is to work with both clients and underwriters, we are seeking candidates who have both a flair for transactional placement but who can also consider total cost of risk in programme design An interest or good working knowledge of coverage considerations in PDBI Happy working in a strong collaborative team approach About Marsh Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, and more fully understand the range of risks they face. We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world. To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration. Since 1871, clients have relied on Marsh for trusted advice, to represent their interests in the marketplace, make sense of an increasingly complex world, and help turn risks into new opportunities for growth. Our more than 30,000 colleagues work on behalf of our clients, who are enterprises of all sizes in every industry, and include individuals, multinational organizations, and government entities worldwide. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. Visit for more information and follow us on LinkedIn and Twitter @MarshGlobal Marsh and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC). Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: pension, health and welfare, tuition assistance, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: . We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: . R066022-en R066022