Technical Marine Broker

South Africa, South Africa

Job Description


Company: MarshDescription:is the worlds leading insurance broker and risk adviser. With more than 45,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: , , , and . For more information, visit , follow us on and .MARSH is seeking candidates for the following position based in the Cape Town office:Technical Marine BrokerA Technical Broker position exists within the Marine Team in Cape Town. The position offers an exciting challenge and career opportunity for someone who is willing to work hard and contribute to the growth and development of the Marine Team in the Western Cape.Whilst the focus of the job is on Technical Broking, due to the lack of critical mass within the Marine Team, the role will typically also entail some Client Servicing as well as Claims handling as required.What is in it for you?An international well-established company with a strong brand and strong results to matchOpportunity to make the difference and to work on both local and regional projectsAttractive benefits coverage, outstanding learning and mentoring programs, and internal mobility opportunitiesStable employment and hybrid working model (3 compulsory days on-site)We will rely on you to:Broking ServicesPreparation of Broking documentationPreparation of Renewal QuestionnairesCollation of underwriting informationPreparation of Loss Ratio calculationsIdentification and selection of appropriate marketsDistribution of Broking Notes to the marketNegotiating Marine deals (Hull and Cargo) with marketStructuring of Marine dealsCollation of market terms and quotes for submission to client services or clients directClosings to markets/obtaining market confirmation of coverConfirm final placement/changes in cover to Client ServicesPremium computation and raising of invoicesDrafting of preferred policy wordingsIssue of policies and/or endorsementsPreparation of other Brokers documentation as required8(2)(D) Applications/ProcessAttend renewal strategy meetings as requiredDevelop professional working relationship and rapport with markets (local and overseas)Input and feedback as required as part of budgeting, forecasting and variance reporting.Client ServicesAssisting and supporting the Client Services Team as required.Handling of certain accounts as allocatedManagement of Credit Control in respect of allocated accounts (both as broker and client services role)Develop and build professional working relationship and rapport with allocated clients and clients where you fulfill the Technical Broking roleBeing alert to New Business opportunities and hands on involvement in new business developmentClaims ServicesProviding support as necessary to the Claims Team. Managing expectations as and where necessary in relation to the portfolio of clients being handled. Interceding with Insurers as necessary to help facilitate the smooth handling of claims relating to portfolio of clients being handled.What you need to have:FAIS compliant / Regulatory Exam Pass certificateNo previous Marine Insurance experience is required however it would be a decided advantage.Matric / Grade 12 Certificate - Mathematics / Mathematics Literacy is an advantageInsurance Industry specific qualifications are an advantage. Candidate must be prepared to embark upon and study towards relevant Insurance Industry Qualifications.Job knowledge and skills requirements:InitiativeNegotiating skills and ability to interact with othersAttention to detailAbility to effectively manage own activities and work loadWork within a team environmentPlanning and organizational skillsGood communication skills - written and oral (English, Afrikaans an advantage)Computer literate (MS Windows, Word, Excel, PowerPoint)Quick learning abilitiesWillingness to enroll in internal study groups, courses, etc.Preferred personal attributes:Customer focused - an attitude of clients needs come firstHigh level of technical proficiencyPerseveranceTakes initiative / Self-StarterDrive for resultsSelf- developerEnergetic and EnthusiasticTeam Player, and willing to put in extra time when needed during busy periodsAbility to work under pressure and to deadlinesMethodicalStrives for accuracyDisciplined approach to time management and prioritizing tasks to achieve deadlinesMarsh 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 colour, or any other characteristic protected by applicable law.

Marsh McLennan

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Job Detail

  • Job Id
    JD1337499
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    South Africa, South Africa
  • Education
    Not mentioned