Placement Broker

Company:

Marsh Risk

Description:

We are seeking a talented individual to join our MMA Placement team at Marsh Risk as a Placement Broker working in our Melbourne office.  This is a hybrid role that has a requirement of working at least three days a week in the office. 

We will count on you to:

• Assess client risk and leverage carrier/industry knowledge to develop placement solutions that meet client needs.

• Implement placement strategy to support growth targets and deliver exceptional client service.

• Coordinate with advisors, client executives, carriers, and underwriters to submit coverage specifications, obtain and evaluate quotes, and select the best carrier options.

• Document all activities in the system to ensure timely follow-up and clear handoffs across the client team and carriers.

• Monitor and communicate market and underwriting developments that affect coverage and pricing to client executives and advisors.

What you need to have:

• Minimum 3 – 5 years general insurance broking or underwriting.

• Strong knowledge of market practices, pricing dynamics, and underwriting policies across relevant product lines.

• Demonstrated experience managing submissions and obtaining carrier quotes within a brokerage/agency placement environment.

• Excellent documentation, organization, and CRM follow-up skills to track activity and drive next steps.

• Clear verbal and written communication skills and a client-service mindset for collaborating with internal teams and external partners.

• Ability to work independently as an established individual contributor and make decisions that impact team outcomes.

What makes you stand out:

• Casualty Placement or Casualty Underwriting experience. 

• Experience across products including, but not limited to ISR, Casualty, Motor and Marine.

• Established relationships with carriers and underwriters that support competitive placements.

• Proven ability to anticipate and explain changing market conditions and their implications for client coverage and pricing.

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.

About Marsh:

Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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. Applications will only be considered from candidates who have the appropriate approval to work in Australia. Successful applicants will be required to complete a Criminal & Bankruptcy check prior to commencing of employment.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.