Bowring Marsh is the exclusive specialist international placement broker division of Marsh Inc. Bowring Marsh is seeking candidates for the following position based in the Bermuda office:

HEALTHCARE BROKER

What can you expect?

The Broker is responsible for the daily servicing of a portfolio of Fortune 1000 clients or similar clients within the Healthcare division. The Broker provides service & advice associated with placements made or delivered to clients and is involved in negotiations with insurance & risk markets to obtain best terms, conditions, coverage and pricing for a client per risk practice guidelines.

What is in it for you?

Being part of the Marsh McLennan businesses; a premier global brand with the financial power to match.

Competitive salary with full comprehensive benefits programs including: health insurance, life insurance, STD/LTD, generous pension contributions, employee assistance program, generous paid time off for vacation, sick, company holidays and time to give back to your community, volunteer opportunities, and other programs.

Working with the most innovative and respected insurance colleagues in the industry

We will count on you to assist/manage:

Placements of healthcare related insurance programs into the Bermuda market for Fortune 1000 or similar clients.

Client needs, including assessing & developing solutions to complex risk situations

Identification and development of new sources of business

Analyzing of client exposures and preparation of high quality submissions to underwriters

Benchmarking and data analytics to assist new sales

Policy management including follow up for policies, review of policy against bound terms & conditions, request for corrections, if any and delivery of reviewed policy to Distribution for delivery to client

Working as an experienced member of a team and acting as a role model for junior colleagues

Operating with a high degree of personal responsibility and accountability for the maintenance of a portfolio of clients 

Keeping abreast of changing risk and insurance market conditions

Public speaking/presentations and face-to-face negotiations

Performs other job-related duties as required

What you need to have: 

Minimum of 7 years’ Healthcare insurance broking experience in Bermuda or the International insurance market

Proficiency with Microsoft Office – Word, Excel, PowerPoint, Outlook

Proven experience to independently handle complex client assignments operating with a high degree of personal responsibility and accountability  

Strong organizational skills and ability to prioritize and manage workload during busier periods

Superior technical, financial and interpersonal skills, specifically regards written and verbal communication and presentation

Understanding of negotiating techniques & ability to apply these in discussions with insurers and clients

Awareness of current market conditions

High level of technical expertise in the various Healthcare policy forms

Applicants may only apply via our website, www.marsh.com/us/careers.html.

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 $23 billion and more than 85,000 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.