Cyber Broker

Marsh McLennan; Dubai; Hybrid; AED 200,000 - 300,000; Full time

Job summary

A leading company in insurance and risk advisory is seeking a Cyber Broker for their Regional Cyber team in Dubai. The role involves working closely with clients to manage Cyber Insurance placements, requiring strong technical understanding and relationship-building skills. Candidates should have relevant experience and a background in technology or insurance to contribute effectively to the team.

Benefits

Professional development opportunities

Vibrant and inclusive culture

Qualifications

• 2 years experience in insurance and/or cyber or technology related background.
• Previous cyber insurance experience is preferential, but not required.
• UAE/MENA Market exposure preferable.

Responsibilities

• Develop and grow relationships with clients, colleagues, and international insurance markets.
• Negotiate terms and conditions with insurance providers for clients.
• Execute the placement strategy as per client instructions.

Skills

Technical understanding of Cyber Insurance

Communication skills

Client relationship management

Education

Degree in relevant field

Job description

Company:Marsh

Description:

We are seeking a talented individual to join our Regional Cyber team at Marsh. This role will be based in Dubai United Arab Emirates. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Cyber Broker is responsible for the placement of a clients risk within the insurance and risk marketplace. Taking the client from point A i.e. leading initial client meetings from a Cyber perspective explaining in a holistic manner what Cyber Insurance is along with providing details around Marsh capabilities and current market trends to point Z placing the business into the Cyber Insurance market.

We will count on you to:

• Develop and grow relationships with clients colleagues and the DIFC & international insurance markets.

• Technical understanding of Cyber Insurance and Technology Professional Indemnity Insurance.

• Contribute to the product and territorial development plan as part of the wider Cyber team.

• Talk clients through the intricacies of Cyber Insurance along with relaying information around Marsh Capabilities and related data we provide to clients. Detailing coverage provided within quotations received and relaying information of applicable services the client has access to.

• Negotiate with DIFC & International markets to obtain the best terms conditions coverage and pricing for a client.

• Present the insurance terms to the client/client facing colleagues.

• Responsible for the execution of the placement strategy in accordance with client instructions. Executing placement with the short listed insurers/reinsurers.

• Identify the need for new products and develops innovative solutions for clients.

• Utilise risk expertise and knowledge of industry and insurance marketplace. Review and understand the nuances of specific clients exposures risk profile and develop solutions for complex clients needs

• Determine the impact of solutions and articulates the value to clients.

• Receive and analyse quotes from carriers and provides analysis to clients including analysis of: pricing coverage services quote comparisons commentary and recommendation identify differences against expiring program and subjectivities along with benchmarking to regional and international standards.

• Responsible for policy management including follow up for policies binders review of policy against bound terms & conditions request for corrections (if any) and delivery of reviewed policy to onward delivery to client. Can be available to review policy with client.

What you need to have:

• Educated to a degree level. Relevant college/university degree preferable but not essential.

• 2 years experience in insurance and/or a cyber or technology related background. Previous cyber insurance experience is preferential although not required. UAE/MENA Market exposure preferable but not essential.

What makes you stand out

• Strong work ethic detailed oriented.

• Superior technical financial written & verbal skills.

• Ability to independently develop & present full risk profiles.

• Excellent communication and interpersonal skills. A natural relationship builder both with clients and internal colleagues.

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.

Marsh a business of Marsh McLennan (NYSE: MMC) is the worlds 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 90000 colleagues Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information visit or follow on LinkedIn and X.Marsh McLennan is committed to embracing 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 nationality parental status personal or social status political affiliation race religion and beliefs sex/gender 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.