Assistant Vice President - Casualty Placement

Marsh McLennan

  • Hong Kong
  • Permanent
  • Full-time
  • 2 days ago
Company: MarshDescription:We are seeking a talented individual to join our Casualty Placement team. This role will be based in Hong Kong. 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:
  • Uses significant risk expertise and knowledge of industry and carriers to develop placement solutions that meet client needs.
  • Implements the placement strategy to achieve growth goals and provide exceptional client service.
  • Develops the go-to-market strategy and articulates the value of placement function and participates within pricing of services as applicable.
  • Facilitates submission of coverage specifications and obtains quotes from carriers based upon the “assist, advise, and assume” transaction model.
  • Binds coverage and is responsible for the accuracy of placement binders.
  • Creates and maintains relationships with practice, insurance markets, clients carriers and/or underwriters to provide cohesive client service.
  • Advises on changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.
  • Interfaces closely with client executives and client teams to support client retention and new business production.
  • Drives senior placement/technical support activities on assigned accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required.
  • Advises on changing insurance and risk management market conditions, and inform Client Executives, and/or clients of major developments affecting various types of products/coverage.
What you need to have:
  • At least 5 years’ experience not limited to placement but general insurance broking for P&C, an underwriting background in casualty is highly preferable
  • Experience of handing negotiation with underwriters for best terms and conditions to our clients around P&C placements
  • Good understanding of policies, contracts and Facilities
  • Knowledge of the brokerage industry in Hong Kong
  • Excellent organizational skills to prioritize work and meet deadlines
  • Good presentation skills
  • Excellent interpersonal skills
  • Proficient in Chinese, English and Mandarin.
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
Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.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.

Marsh McLennan