Description: is the world's leading insurance broker and risk adviser. With more than 45, colleagues operating in more than countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of (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: , , , and . For more information, visit , follow us on and .MARSH is seeking candidates for the following position based in the Durban or Sandton office:BROKING MANAGER - PLACEMENTWhat you can expect: We are currently seeking a highly skilled and experienced Broking Manager to join our team. As a Broking Manager, you will be responsible for handling the Placement Broker function on high complexity accounts. You will lead and support a team of brokers, guiding them and fostering a culture of continuous learning and collaboration. Your expertise will be crucial as you provide expert guidance on challenging renewals, ensuring optimal outcomes for both clients and the organization.We will rely on you to:Lead the placement of insurance policies on high complexity accounts.Actively participate in both internal and client renewal strategy meetings.Review quoting slips and policy wordings for accuracy and completeness.Negotiate terms with local insurers and wholesale brokers to secure optimal coverage.Analyze and provide recommendations on terms, quotes, and alternatives for Client Executives.Develop and maintain relationships with insurers at a mid-management level.Provide advisory support to clients and Client Executives as needed.Attend ad hoc client meetings and participate in placement sessions.Ensure compliance with professional standards and regulations.What you need to have:Minimum 6 years' experience in similar role with broking people management responsibilitiesMin - NQF level 4 completedFAIS CompliantProperty & Casualties knowledge and experienceExcellent negotiating skillsConversant with the coverage provided by all classes of insurance handled within PlacementGeneral knowledge of specialist classes of insuranceAbility to broker high complexity accounts in the local insurance marketAbility to implement the placement strategy on high complexity accountsAbility to identify suitable insurance markets for specific risksBasic knowledge of risk financing techniques, risk management principles, and reinsurance mechanicsYou will stand out if You have the London (UK) market knowledge & experienceObtained or commenced studies towards Higher Certificate in Insurance / IISA Introductory Programme in Short Term Insurance / IISA Programme in Short Term Insurance or NQF level 5Marsh 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.
