Assistant Vice President, Insurer Consulting Group

Marsh; Singapore; On-site; SGD 180,000 - 300,000; Full time

Job summary

Marsh Risk in Singapore seeks a talented professional for the Insurer Consulting Group. This hybrid role requires the employee to work in the office at least three days per week and focuses on delivering consulting solutions to insurance carriers.

You will identify project opportunities, manage project frameworks, gather internal and external data, and deliver final findings to clients. You will build relationships with executive management at strategic carriers in Asia, scope projects to align

Qualifications

• Degree holder with at least 5 years of relevant experience in the insurance insights and consulting industry in Asia
• Ability to break down complex problems in simple solutions by leveraging prior consulting experience
• Effective delivery skills with attention to detail and high-quality report generation to bring our insights that and influence outcomes
• Good commercial acumen with demonstrated capabilities to manage and grow a book of business
• Excellent communication and engagement skills, comfortable dealing with stakeholders to C- level
• Ability to demonstrate sound judgment in the prioritization of competing work assignments, escalation of issues
• Ability to work under pressure to meet deadlines and change priorities

Responsibilities

• Build and maintain effective and sustainable relationships with executive management at strategic carriers in the Asia
• Contribute to the growth of bespoke consulting offerings by identifying new opportunities and scoping projects
• Take full ownership of project delivery from conceptualization to reporting, delivering actionable insights to insurers
• Participate in Carrier Management activities by supporting governance meetings and stakeholder engagement
• Engage with clients and internal stakeholders to ensure strategies and priorities are understood and represented
• Own the knowledge management function in Asia to improve delivery speed and outputs
• Deliver Thought Leadership by combining macro trends with Marsh’s insurance expertise

Job description

Company: Marsh Risk

Description

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

Marsh's Insurer Consulting Group (ICG) provides services to insurance carriers. The team aims to provide the insurance market with tools and services designed to assist them in identifying new opportunities, to improve their product offerings and to increase their operational efficiency. This position is for productive professionals who have a background and experience in delivering consulting solutions in insurance industry. The role sits across consulting and carrier management practice, with a strong level of autonomy, requiring the individual to work independently with minimal supervision in both areas. This role will have key responsibilities for identifying project opportunities, managing project frameworks, identifying the right data internally and externally, and delivering the final findings to clients. The role objectives include achieving ongoing annual targets in bespoke consulting, supporting carrier management governance, as well as delivery of insights and consulting projects.

We Will Count on You:

• Build and maintain effective and sustainable relationships with executive management at strategic carriers in the Asia.
• Contribute to the growth of bespoke consulting offerings by being a part of new opportunity identification, understanding insurer’s requirements, and scoping projects by matching insurer needs with Marsh capabilities.
• Take full ownership of projects delivery from conceptualization to reporting stage by combining strategic solutions with tactical execution plans to deliver actionable insights to insurers.
• Participating in Carrier Management activities by supporting the team in monthly governance meetings, driving key stakeholder engagement, and delivery of data and insights to insurer partners.
• Actively engage with clients and internal stakeholders to ensure their strategies & priorities are understood and accurately represented.
• Own the knowledge management function in ICG Asia to ensure we can deliver faster and effective outputs by utilizing and adding to our knowledge directory.
• Deliver Thought Leadership that combines macro trends and insurance data and Marsh’s commercial insurance expertise to provide market leading insights to our colleagues and clients.
• In conjunction with the Asia team, set and achieve annual revenue budget for the commercial insurance sector.
• Address escalated issues and concerns in a timely and effective manner, help manage expectations, mitigate relationship risks, and apply judgement as to when to escalation major issues to colleagues while ensuring compliance.
• Contribute to and promote ICG’s and MMC external image, expand professional networks and support strategic partners through press, articles/papers and external presentations.

What You Need to Have

• Degree holder with at least 5 years of relevant experience in the insurance insights and consulting industry in Asia
• Ability to break down complex problems in simple solutions by leveraging prior consulting experience
• Effective delivery skills with attention to detail and high-quality report generation to bring our insights that and influence outcomes.
• Good commercial acumen with demonstrated capabilities to manage and grow a book of business.
• Excellent communication and engagement skills, comfortable dealing with stakeholders to C- level.
• Ability to demonstrate sound judgment in the prioritization of competing work assignments, escalation of issues.
• Ability to work under pressure to meet deadlines and change priorities.

What makes you stand out?

• Smart, collaborative, relationship and outcome focused with the ability to make decisions where ambiguity exists. Able to work autonomously and adapt in a fast-paced, dynamic environment.
• Prior experience in consulting firms or strategy roles in insurance industry
• Experience across general insurance and employee benefits insurance

Why Join Our Team

• We help you do your best through professional development opportunities, interesting work, and supportive leaders.
• We foster a vibrant and inclusive culture where you can collaborate with talented colleagues to create new solutions and have impact on 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 (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to creating 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, gender orientation or expression, 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.

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.