London Market Property Broker

Marsh & McLennan Companies; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading global insurance firm is seeking a talented individual to join their London Market Property Broker team in London. This hybrid role requires at least three days a week in the office. Responsibilities include placing risks in the London Market, promoting these risks to Marsh branches, and maintaining strong relationships with insurers. Ideal candidates have a solid understanding of general insurance products, excellent interpersonal skills, and a drive toward professional qualifications. Competitive compensation and professional growth opportunities offered.

Benefits

Professional development opportunities

Inclusive culture

Career advancement

Flexible working

Qualifications

• Thorough understanding of general insurance products, preferably property experience.
• Client-facing experience is preferred.
• Experience in placing risks for all types of UK business is ideal.

Responsibilities

• Present and promote London Market Risks to Marsh branches.
• Monitor and influence the transfer of business to the London Market Team.
• Develop and instigate LMR Team strategy.
• Place business into the London Market ensuring compliance with TCF and Marsh's Placement strategy.
• Develop and maintain relationships with London Market Insurers.
• Attend client and prospect meetings as required.
• Work closely with Marsh branches and regional leaders to form placing strategy.

Skills

Interpersonal skills

Negotiation skills

Organizational skills

Communication skills

Planning skills

Self-motivation

Education

Progress towards Professional Insurance qualifications

Job description

Overview

We are seeking a talented individual to join our London Market Property Broker team at Marsh. This role will be based in London. This is a hybrid role that has a requirement of working at least three days a week in the office.

The broker will be responsible for placing risks into the London Market, promoting London Market Risks to Marsh branches, and driving the transfer of business to the London Market Team.

Key duties will include developing and implementing team strategy, ensuring business placement aligns with Marsh’s Placement strategy and Treating Customers Fairly (TCF) principles, maintaining strong relationships with London Market insurers, and collaborating with Marsh branches and regional leaders to develop placing strategies for individual risks.

The role also involves attending client and prospect meetings as needed.

We may consider applicants with either general insurance knowledge looking to get into a dedicated broking role or an experienced Broker looking to work within a market leading organisation.

Responsibilities

• Present and promote the use of London Market Risks to Marsh branches.
• Monitor and influence the transfer of business to the London Market Team.
• Develop and instigate LMR Team strategy.
• Place business into the London Market ensuring TCF and in accordance with the Marsh Placement strategy.
• Develop and maintain relationships with London Market Insurers.
• Attend client and prospect meetings where required.
• Work closely with Marsh branches and Regional Placement leaders to form placing strategy on individual risks.

What you need to have

• Thorough understanding of general insurance products (Property Experience ideal).
• Good interpersonal, negotiation, organisation, communication and planning skills.
• Excellent personal drive and self-motivation.
• Progression towards Professional Insurance qualifications preferred.

What makes you stand out

• Dynamic with previous client facing experience.
• Experience in placing risks for all types of UK business is ideal.
• Property Experience.

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 Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X. Marsh 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [e-mail]. Marsh 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 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.