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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
is seeking candidates for the following position based in the
Durban or Sandton office:


BROKING MANAGER - PLACEMENT



What 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 responsibilities

Min - NQF level 4 completed

FAIS Compliant

Property & Casualties 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.