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Principal Broker

  • Job
    Full-time
    Senior Level
  • Customer Relations
    Sales & Business Development
  • Melbourne

AI generated summary

  • You should have 5+ years in insurance broking, Tier 1 qualification, team leadership skills, deep product knowledge, and a commitment to exceptional client service.
  • You will build client relationships, lead a team, conduct risk assessments, negotiate insurance programs, and provide technical guidance on complex risk management issues.

Requirements

  • 5+ years’ experience in insurance broking, ideally with a focus on Not-for-Profit or Buying Groups/Franchises
  • Tier 1 Insurance Broking qualification
  • Ability to lead and mentor a team
  • Strong knowledge and application of broking principles, insurance products, and renewals
  • A commitment to providing high-level client service that exceeds expectations.

Responsibilities

  • Build and maintain strong relationships with marque clients, understanding their unique risk profiles and business needs
  • Lead and direct a team who are responsible for large and medium size clients
  • Conduct in-depth risk assessments, identifying potential exposures and designing tailored insurance and risk management strategies
  • Act as a client advocate, ensuring their insurance programs are effectively negotiated, placed, and serviced
  • Provide technical guidance to clients and colleagues on complex insurance and risk management issues.

FAQs

What is the job title for this position?

The job title is Principal Broker.

Where is the job located?

The job is based in Melbourne.

What is the work format for this role?

This is a hybrid role that requires working at least three days a week in the office.

What kind of clients will I be managing in this role?

You will be managing legacy marque clients in the Buying Groups sector.

What experience is required for this position?

A minimum of 5 years’ experience in insurance broking is required, ideally with a focus on Not-for-Profit or Buying Groups/Franchises.

Is a specific qualification necessary for this role?

Yes, a Tier 1 Insurance Broking qualification is necessary.

Will I be leading a team in this role?

Yes, you will lead and direct a team responsible for managing large and medium-sized clients.

What skills are essential for this position?

Strong knowledge and application of broking principles, insurance products, and renewals, as well as the ability to lead and mentor a team are essential.

What can I expect regarding professional development?

The company provides professional development opportunities, interesting work, and supportive leaders to help you be your best.

Is Marsh an accredited employer for family-friendly workplaces?

Yes, Marsh is proud to be an accredited Family Friendly Workplace.

What kind of checks will successful applicants need to complete?

Successful applicants will be required to complete a Criminal & Bankruptcy check prior to the commencement of employment.

What is Marsh McLennan's approach to diversity and inclusion?

Marsh McLennan is committed to creating a diverse, inclusive, and flexible work environment, embracing diversity in various aspects.

How does Marsh McLennan support hybrid work?

Marsh McLennan supports hybrid work by allowing flexibility for remote work while also promoting collaboration and professional development through office attendance at least three days a week.

Can I apply for this position if I do not have the right to work in Australia?

No, applications will only be considered from candidates who have the appropriate approval to work in Australia.

Marsh McLennan (NYSE: MMC) brings together 85,000 experts in risk, strategy and people.

Finance
Industry
10,001+
Employees
1905
Founded Year

Mission & Purpose

Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s more than 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.