Vice President, Upstream Energy

Marsh; Singapore; Hybrid; SGD 100,000 - 125,000; Full time

Job summary

A leading insurance broker in Singapore seeks a Vice President/Assistant Vice President to support the Energy market. Responsibilities include managing placement solutions, developing client relationships, and driving growth. Candidates should have 7-10 years of insurance experience in relevant sectors, along with strong risk management and negotiation skills. The role supports a hybrid work model requiring office presence at least three days a week.

Benefits

Professional development opportunities

Inclusive workplace culture

Vibrant team environment

Qualifications

• 7 to 10 years of experience in the Energy market.
• Strong knowledge of Offshore Operational, Offshore Construction, Midstream, and Offshore Liability sectors.

Responsibilities

• Manage and develop insurance placement solutions for various offshore accounts.
• Develop go-to-market strategies to articulate value to clients and carriers.
• Bind insurance coverage and maintain accurate documentation.

Skills

Insurance experience

Risk management knowledge

Client relationship development

Communication skills

Negotiation skills

Job description

We are seeking a talented individual to join our Upstream Energy 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.

As a Vice President/Assistant Vice President, you will be an integral part of our insurance team specializing in the Energy market. You will leverage your extensive experience to manage and develop insurance placement solutions for Offshore Operational, Offshore Construction, Midstream, and Offshore Liability accounts, working closely with clients, carriers, and internal teams to drive growth and deliver exceptional service.

We will count on you to:

• Work on tenders for Offshore Operational, Offshore Construction, Midstream, and Offshore Liability accounts.
• Arrange and handle client roadshows to facilitate interactions between clients and their (re)insurance markets.
• Use significant risk expertise and industry knowledge to develop placement solutions that meet client needs.
• Develop go-to-market strategies and articulate the value of the Client Executive & Placement Broking role to clients and carriers.
• Understand and facilitate coverage specifications/requirements and obtain the best quotes and coverage from carriers.
• Implement client-agreed placement strategies to achieve growth goals and provide exceptional client service.
• Bind insurance coverage and maintain accurate documentation of coverage completion.
• Assist and handle offensive and defensive tenders from the region.
• Develop and maintain relationships with risk carriers, insurance underwriters, regional colleagues, and clients.
• Interface closely with client executives and in-country teams to support client and account retention and facilitate new business development.
• Drive placement and technical support activities on assigned accounts, ensuring procedural compliance, reviewing data, updating annual renewal exhibits, and supervising timely operational invoicing.
• Advise and appraise management about client issues or trends through clear communication and participate in developing solutions.

What you need to have:

• 7 to 10 years of insurance experience within the Energy market.
• Strong knowledge of risk management and insurance placement in Offshore Operational, Offshore Construction, Midstream, and Offshore Liability sectors.
• Proven ability to develop and maintain relationships with clients, carriers, and internal teams.
• Excellent communication and negotiation skills.

What makes you stand out:

• Experience in managing client roadshows and tender processes.
• Demonstrated success in developing go-to-market strategies and placement solutions.
• Ability to work collaboratively across regional offices and with diverse stakeholders.

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.

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.