Hybrid Workers’ Comp Placement Broker

AU002 Marsh Pty Ltd_AU; Melbourne; Hybrid; AUD 90,000 - 130,000; Full time

Job summary

Marsh is seeking a Workers Compensation Placement Broker to join the team in a hybrid role based in Melbourne or Sydney, with a three-day-per-week office requirement. You will provide specialist broking support for workers’ compensation programmes across Australia, working with senior brokers and clients to develop placement strategies and manage policy administration.

You will analyze risk exposures, prepare underwriting submissions and renewal proposals, and monitor market conditions to

Qualifications

• Knowledge of Australian workers’ compensation legislation across jurisdictions and premium determination methods.
• Experience with self-insurance, managed fund or nominal insurer arrangements, excess layers and reinsurance placements.
• Proficiency in claims exposure assessment, financial analysis and interpretation of financial statements and industry metrics.

Responsibilities

• Analyse client risk exposures and workers’ compensation portfolios to recommend cost-effective placement and risk transfer strategies aligned with client objectives
• Prepare clear underwriting submissions, renewal proposals, quotations and placement documentation that set out risk profile, coverage options and financial implications
• Support senior brokers and large employers with workers’ compensation policies for large employers in underwritten jurisdictions, including multi-state placements, self-insurance, managed fund structures, excess layers and bespoke arrangements
• Monitor market conditions, insurer appetite and pricing trends, and translate market intelligence into practical placement advice
• Use data and analytics to support team market management, reporting and placement decisions
• Respond promptly to client queries, resolve issues to maintain service quality and elevate complex matters when required
• Assist with product development, market positioning and contractual reviews to support new opportunities and service offerings

Skills

Workers compensation knowledge

Negotiation

Communication

Tools

Excel

Power BI

Job description

Marsh is seeking a Workers Compensation Placement Broker to join the team in a hybrid role based in Melbourne or Sydney, with a three-day-per-week office requirement. You will provide specialist broking support for workers’ compensation programmes across Australia, working with senior brokers and clients to develop placement strategies and manage policy administration.

You will analyze risk exposures, prepare underwriting submissions and renewal proposals, and monitor market conditions to