Vice President, Construction

Marsh; Singapore; Hybrid; SGD 80,000 - 100,000; Full time

Job summary

A leading insurance broker based in Singapore is seeking a talented individual to join its Construction team. In this hybrid role, you will collaborate with a motivated broking team and tackle complex cases rather than transactional ones. Ideal candidates have a Bachelor's degree, 5-8 years of insurance broking experience, preferably in Construction, and strong negotiation and problem-solving skills. This position offers professional development opportunities and a supportive workplace culture.

Benefits

Professional development opportunities

Inclusive workplace culture

Variety of career opportunities

Qualifications

• Minimum 5-8 years of experience within insurance broking, ideally within Construction.
• Attainment of CGI or equivalent is necessary; ANZIIF or ACII is a plus.

Responsibilities

• Develop placement solutions that meet client needs using risk expertise.
• Implement placement strategy to achieve growth and client service goals.
• Build relationships with clients, carriers, and underwriters for effective coverage.

Skills

Negotiation skills

Presentation skills

Problem-solving skills

Interpersonal skills

Adaptability in fast-paced environments

Education

Bachelor's degree

Certificate in General Insurance (CGI) or equivalent

Job description

We are seeking a talented individual to join our Construction 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.

This is an exceptional opportunity to collaborate and work alongside a highly motivated and professional broking team based in Singapore. Whilst continuing to develop and enhance existing skills at Construction broking, you will also get access to colleague resource groups across the globe that provide mentorship and development opportunities to help you build a sense of connection and community throughout your career. Are you the type of person who prefers to deal with cases that are more complex rather than work in a transactional environment? If so, you are the type of broker we are seeking.

We will count on you to:

• Use significant risk expertise and knowledge of industry and carriers to develop placement solutions that meet client needs.
• Implement the Placement strategy to achieve growth goals and provide exceptional client service.
• Develop the go-to-market strategy and articulate the value of placement function and participate within pricing of services as applicable.
• Facilitate submission of coverage specifications and obtain quotes from carriers based upon the “assist, advise, and assume” transaction model.
• Bind coverage and be responsible for the accuracy of placement binders.
• Create and maintain relationships with practice, insurance markets, clients, carriers and/or underwriters to provide cohesive client service.
• Advise on changing insurance and risk management market conditions and inform client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.
• Interface closely with client executives and client teams to support client retention and new business production.
• Drive senior placement/technical support activities on assigned accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required.What you need to have:
  • Bachelor’s degree with minimum 5-8 years of experience within insurance broking, ideally within Construction.
  • Attained minimum Certificate in General Insurance (CGI) or equivalent. ANZIIF or ACII will be an advantage.

  What makes you stand out:

  • Strong negotiation, presentation and problem solving skills.
  • Highly motivated, team player with good interpersonal skills.
  • Ability to navigate swiftly in a fast paced environment.

  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, 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 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.