New Business Broker

Marsh & McLennan Companies; Reading; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading global insurance broker is seeking a New Business Broker to manage housing client prospects and provide tailored insurance solutions. This hybrid position requires strong analytical skills, excellent communication, and the ability to work under pressure. Previous insurance experience is preferred, with a focus on building relationships within the public and social housing sector. Opportunities for professional development are available.

Benefits

Professional development opportunities

Inclusive culture

Career opportunities and rewards

Qualifications

• Proven insurance experience, preferably in Property-Casualty.
• Ability to learn new skills and work under tight deadlines.
• Client-facing experience and understanding of public and social housing sector.

Responsibilities

• Manage a portfolio of housing client prospects.
• Review and analyze large data sets to create broking presentations.
• Develop strategies with Sales Director and Sales Executive for client management.

Skills

Communication

Relationship Management

Analytical Skills

Problem Solving

Education

Cert CII qualification

Progress towards ACII

Job description

Overview

We are seeking a talented individual to join our Marsh Public Sector Team. This role can be based in the Reading offices. This is a hybrid role that has a requirement of working at least three days a week in the office.

Role: New Business Broker

As part of the Marsh Public Sector Team, you will work to provide customized insurance and risk management solutions specifically for housing clients across the UK. You will manage a portfolio of potential housing clients, analyse their needs based on detailed data and tender requirements, and create presentations to secure insurance coverage from various markets.

The role requires close collaboration with sales and broking teams to develop strategies, meet deadlines, and build strong relationships with insurers and stakeholders. You will also ensure smooth handovers to client servicing teams and help design insurance programs that meet client specifications, including working on pricing and fees with the Sales Director.

Previous experience within insurance broking or new business is ideal but insurance underwriting may be considered.

Responsibilities

• Manage a rolling portfolio of housing client prospects, providing tailored insurance and risk management solutions that align with their formal tender specification
• Review/analyze large sets of data/information, ascertain what is required and create broking presentations for the various insurer markets
• Work closely with the Sales Director & Sales Executive and other members of the New Business team to agree individual strategies for every prospect and ensure all relevant deadlines are met
• Build strong relationships with insurers and internal & external stakeholders
• Understand how the client servicing team operates to ensure when a client is handed over it is done so in a full & complete manner
• Identify and develop strategies for clients’ risk management and insurance needs, in conjunction with the Sales Director, Sales Executive & Broking Manager, that can be implemented in a successful bid
• Propose insurance program design activities, ensuring alignment with client tender specification
• Collaborate with the Sales Director on required fees

What you need to have

• Proven insurance experience, preferably in Property-Casualty (Combined) classes but the role will cover a wide ranging spectrum of insurance classes
• Excellent communication and interpersonal skills
• Strong relationship-building and management abilities
• Analytical mindset with problem-solving skills
• Ability & willingness to learn new skills
• Ability to work to defined & tight deadlines

What makes you stand out

• Previous client-facing experience and a dynamic approach
• Ability to remain calm under pressure and work flexibly as needed
• Knowledge and understanding of the public sector and social housing sector
• Cert CII qualification, with progress towards ACII

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.

#Hybrid

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s 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 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, 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, 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 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.