Space Insurance Broker

National African-American Insurance Association (NAAIA); City Of London; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading insurance firm is seeking a Space Insurance Broker to work in their London office on a hybrid basis. The role involves negotiating with insurers, preparing presentations, and contributing to insurance coverage designs for satellites and launch vehicles. Candidates should have a background in aviation, aerospace or space insurance and possess excellent communication and analytical skills.

Benefits

Professional development opportunities

Inclusive culture

Career benefits and rewards

Qualifications

• Previous experience in aviation, aerospace or space markets is a plus.
• Ability to manage technically complex risks is essential.
• Proven communication skills in writing and presentations.

Responsibilities

• Work with Space team to develop placement strategies.
• Negotiate with Space insurers for optimal results.
• Prepare presentations and manage underwriting information.
• Assist in designing insurance coverage for clients.
• Prepare new business tender reports as needed.
• Maintain correspondence with insurers and manage placement files.
• Provide ad-hoc information as needed.

Skills

Attention to detail

Excellent communication skills

Competent use of Microsoft Excel

Foreign language skills

Education

Degree in aerospace, mechanical engineering, or law

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

We are seeking a talented individual to join our Space Insurance team here at Marsh. This role will be based in London on a hybrid basis, with a requirement of working at least three days a week in the office.

The role: Space Insurance Broker

Marsh Space Projects, part of Marsh Aviation & Aerospace is seeking a talented individual to join the team in London.

Space insurance is a highly specialised market within the insurance industry. Satellites and launch vehicles are insured for high values and policies are tailored to the individual risk profiles of the satellites and launch vehicles, in addition to the business requirements of the clients.

The Space Insurance broking team of Marsh handles a variety of insurance products related to satellites and launch vehicles.

This role would suit either an experienced insurance professional looking for a fresh opportunity, or someone with a genuine interest in Space, or a recent graduate within a specialism such as aerospace, mechanical engineering or law.

We will count on you to:

• Work with Space team colleagues, both in our London office and in our other Marsh Space offices, to develop placement strategies and engagement with clients.
• Negotiate with Space insurers to achieve optimal placement result.
• Assist with the preparation of presentations to clients and manage the subsequent flow of underwriting information between client and insurers.
• Contribute to discussions of insurance coverage designs for launch or in‑orbit placements, to achieve the most suitable product for the client.
• Assist in the preparation of new business tender reports where required.
• Handle correspondence with insurers and maintain a placement file and placement spreadsheet for accounts worked on.
• Produce ad‑hoc information in response to specific client and colleague requests.

What you need to have:

• Previous experience of working in the aviation, aerospace or space markets would be an advantage.
• Attention to detail and evidence of being able to work with technically complex risks.
• Competent use of Microsoft Excel, Word and PowerPoint.
• Excellent communication skills in terms of both written (report and presentation writing) and verbal (one to one and presenting to a group) skills.
• Any foreign language skills would be an advantage but not essential.

What makes you stand out:

• Space / commercial insurance experience.
• A legal, technical, or engineering background may be useful but not essential.
• Previous experience of working in the aviation, aerospace or space insurance markets would be an advantage.

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 supports hybrid work, requiring employees to be in their local office at least three days per week.

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].