Principal (Insurance Broker)

Your role as a Principal Broker is to manage a portfolio of high-net-worth clients from our Sydney CBD office.  This role will serve as a senior point of contact for day-today communications and strategic account management, focusing on retention, growth and profitability of client accounts. 

At Marsh Private, we specialise in providing insurance solutions for high-net-worth individuals and their families.  As a private client insurance broker, you will play a crucial role in managing and servicing our prestigious clientele.  Your primary focus will be on delivering personalised insurance solutions tailored to meet the unique needs of our high-net-worth clients.

You will effectively manage a portfolio of existing High Net Worth clients, achieving retention and growth targets, while maintaining overall profitability and client satisfaction. You will also strengthen client relationships as a trusted advisor, as well as develop and convert new business opportunities. Additionally, you will expand the range of products and services held by existing clients.

We will count on you to:

Act as a trusted advisor to high-net-worth clients, providing expert guidance on insurance solutions tailored to their unique needs.Set and monitor performance metrics for client retention and growth, ensuring alignment with organisational goals.Collaborate with internal stakeholders and senior management to ensure the deliver of exceptional service and client satisfaction.Assess and mitigate risks associated with client accounts, ensuring compliance with industry regulations and company policies.Develop and maintain a fluency in the Company's various service offerings to enrich work performed and develop sales capabilities.

What you need to have: 

Tier 1 Insurance Broking Compliance Accreditation (ANZIIF or Equivalent)Minimum 5 years of insurance broking experience, ideally as a private client insurance broker, with a proven track record of managing high-net-worth clients.Superior customer service and communication skills, with the ability to articulate concepts clearly and effectively.Strong Literacy and Numeracy SkillsSuperior attention to detail with strong multi-tasking abilitiesAbility to priorities and organise own workloadWillingness to build long lasting relationships with clientsHigh level of professionalism and integrity, with strong interpersonal skills and a client-focused mindset.

What makes you stand out:

If you are a dedicated and client-focused insurance professional with a passion for serving high net worth individuals and exceeding client expectations.In depth knowledge of insurance products and services relevant to high-net-worth clients, with experience in personal lines.Works well in a team or autonomously.

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.

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 commencement of employment.

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 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 McLennan 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.