Senior Insurance Brokerage Manager - Placement of construction policies

Company: Marsh

What can you expect?

• This is an exceptional opportunity to collaborate and work alongside a highly motivated, well-established, and professional placement team based in KSA, focusing on construction insurance solutions.
• Create, find and provide capacity for risk placement in certain practices.
• As a Senior Placement Manager - Construction, you will utilize your expertise in market practices, pricing, and underwriting policies to match clients' construction insurance needs with the most appropriate carrier coverage. You will coordinate with advisors and client executives to evaluate and select optimal construction insurance carrier quotes for clients.
• In this role, you will make an impact as a seasoned professional, ready to manage projects, work independently, assist teammates, and collaborate with stakeholders across the company.

What is in it for you?

• Embark on a journey of career growth with an award-winning Fortune 500 company that provides a strong support network and opportunities for advancement in the construction insurance field.
• Comprehensive on-the-job training will set you up for success, with a clear career path and exposure to a diverse range of clients and projects within the construction sector.
• Access to global colleague resource groups offers mentorship, development opportunities, and a sense of community throughout your career.

We will count on you to:

• Leverage your deep knowledge of the construction insurance market and carriers to develop placement solutions that meet client needs.
• Implement the placement strategy to achieve growth goals and deliver exceptional client service, particularly in the construction sector.
• Develop and articulate the go-to-market strategy for construction placement, participate in pricing services, and manage the submission of coverage specifications to carriers.
• Ensure accuracy in binding construction insurance coverage and maintain precise records within the placement systems.
• Foster relationships with insurance markets, clients, and underwriters to provide comprehensive client service, with a particular focus on construction.
• Keep client executives and Management informed of construction market developments and trends.
• Lead senior placement and technical support activities on assigned construction accounts, ensuring procedural compliance and accurate data management.
• Communicate client trends and issues clearly to management and participate in solution development.
• Drive 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.
• Advise management about client issues or trends through clear and concise communication and participate in development of solutions.

What you need to have:

• Over 7 years of experience in an international broking house or insurance company in a placement and/or underwriting capacity, with specific experience in construction insurance.
• Strong knowledge of general insurance and construction-specific risks, with an ability to handle complex cases and develop a construction-specific placement strategy.
• A minimum of a Certificate in General Insurance (CGI) or equivalent.

What makes you stand out?

• Strong networking skills and relationships with the market.
• Strong negotiation and communication skills.
• Ability to navigate swiftly in a fast-paced environment.
• Capacity provider.

Marsh is the world’s leading insurance broker and risk adviser. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. For more information, visit marshmclennan.com, follow us 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.