We are seeking a talented individual to join our team at Bowring Marsh. This role will be based in Hamilton, Bermuda.
The Broker is responsible for the independent daily servicing of a portfolio of Fortune 1000 or similar clients and assisting senior Brokers with complex client assignments as required. 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.
We will count on you to:
Placements of property-related insurance programs into the Bermuda market for Fortune 1000 or similar clients
Identification, assessment, attainment, and negotiation of insurance coverage in the Bermuda market. Utilization of client industry & related risks knowledge to analyze client risks and exposures and development of placement strategies for clients’ needs
Preparation of coverage specifications, risk information submissions to carriers, receipts of quotes, analysis delivery of such to clients and client team members, and binding instructions to carriers based upon client direction.
High degree of personal responsibility and accountability for the accuracy and ongoing maintenance of client programs bound as outlined within Marsh compliance and transparency standards. Development of working relations with carriers and/or underwriters
Ongoing knowledge of international markets and the risk appetite of carriers. Keeping abreast of changing risk and insurance market conditions
Public speaking/presentations and face-to-face negotiations
What you need to have:
5+ years of recent and relevant insurance experience. Recent insurance broking experience in Bermuda or the international insurance market
Proficiency with Microsoft Office – Word, Excel, PowerPoint, Outlook
Understanding of basic 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 Property policy forms
Strong organizational skills and ability to prioritize workload and manage such during busy periods. Willingness and ability to work beyond normal office hours to meet tight deadlines
What makes you stand out:
Superior technical, financial and interpersonal skills; specifically, regarding written/verbal communication and presentation skills
Bachelor’s degree (or relevant industry experience in lieu)
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.
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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.