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Casualty Broker Location: BM-City of Hamilton Jobcode: 2490938 Email this job to a friend
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What can you expect?
The Broker is responsible for the daily servicing of a portfolio of Fortune 1000 clients or similar clients within the Casualty division. The Broker provides service & advice associated with placements made or delivered to clients and is involved in negotiations with insurance & risk markets to obtain best terms, conditions, coverage and pricing for a client per risk practice guidelines.
What is in it for you?
Being part of the Marsh McLennan businesses; a premier global brand with strong financial results.
Competitive salary with full comprehensive benefits programs including: health insurance, life insurance, STD/LTD, generous pension contributions, employee assistance program, generous paid time off for vacation, sick, company holidays and time to give back to your community via volunteer opportunities and other programs.
Working with the most innovative and respected insurance colleagues in the industry.
We will count on you to assist/manage:
Placements of casualty-related insurance programs into the Bermuda market for Fortune 1000 or similar clients
Client needs, including assessing & developing solutions to complex risk situations
Identification and development of new sources of business
Strategy and the co-ordination of such with other Marsh Offices globally
Analyzing of client exposures and preparation of high quality submissions to underwriters
Benchmarking and data analytics to assist new sales
Policy management including follow up for policies, review of policy against bound terms & conditions, request for corrections, if any and delivery of reviewed policy to Distribution for delivery to client
Working as an experienced member of a team and acting as a role model for junior colleagues
Operating with a high degree of personal responsibility and accountability for the maintenance of a portfolio of clients
Keeping abreast of changing risk and insurance market conditions
Public speaking/presentations and face-to-face negotiations
Performs other job-related duties as required
What you need to have:
Minimum of 10 years Casualty insurance broking experience in Bermuda or the International insurance market
Proficiency with Microsoft Office Word, Excel, PowerPoint, Outlook
Proven experience to independently handle complex client assignments operating with a high degree of personal responsibility and accountability
Strong organizational skills and ability to prioritize workload and manage such during busy periods
Willingness and ability to work beyond normal office hours to meet tight deadlines
Superior technical, financial and interpersonal skills, specifically regards written and verbal communication and presentation
Understanding of negotiating techniques & ability to apply these in discussions with insurers and clients
Awareness of current market conditions
High level of technical expertise in the various Casualty policy forms
What makes you stand out?
Bachelors degree (or significant industry experience in lieu)
Relevant industry qualifications
High sense of personal accountability
Self-motivated and fully capable of working on their own initiative
Knowledge of competitors & Marsh's competitive advantages
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 (link removed), follow us on LinkedIn and Twitter.
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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Marsh McLennan
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