Senior Consultant, Property Risk

Marsh & McLennan Companies; Gauteng; Hybrid; ZAR 500 000 - 700 000; Full time

Job summary

A leading global insurance broker is seeking a talented individual for an Advisory role in Property Risk Consulting, based in Sandton, Johannesburg. The position requires expertise in insurance underwriting, strong communication skills, and the ability to build long-term client relationships. This hybrid role allows flexibility in working conditions, requiring at least three office days a week. Join a supportive team dedicated to professional development and innovative solutions.

Benefits

Professional development opportunities

Supportive work culture

Range of career opportunities

Qualifications

• Thorough knowledge of risk analysis and loss calculations.
• Ability to build long-term client relationships.
• Motivated and driven individual with exceptional service delivery.

Responsibilities

• Conduct insurance asset surveying and report compilation.
• Manage group programs and identify new consulting opportunities.
• Prepare client presentations and financial proposals.
• Schedule and oversee project tasks and deliverables.

Skills

Insurance Underwriting and surveying

Fire and Security knowledge

Verbal and written communication skills

Computer literacy (advanced Excel)

Interpersonal skills

Education

MBA

FCIII / ACII certification

Degree in Strategic Management

BTech Safety Management

Job description

Company: Marsh

We are seeking a talented individual to join the Advisory – Property Risk Consulting division at Marsh. This role will be based in Sandton, Johannesburg, hybrid and has a requirement of working at least three days a week in the office.

We will count on you to:

Insurance surveyor and Portfolio management:

• Primarily insurance fire assets surveying and report compilation with loss calculations and risk recommendation’s
• Oversee – peer review of technical and insurance consulting activities for group programs
• Grow programs and identify consulting opportunities
• Set up, agree, maintain and manage an annual work plan with each lead insurer in respect of slip fees, including monthly meetings to report progress, maintaining a quarterly billing schedule with each lead insurer as agreed
• Ensure activities are scheduled and completed by competent resources
• Quality review outputs
• Prepare summaries for group feedback
• Present findings and reports for client / divisional / corporate office meetings
• Provide consulting inputs at specific times (politically sensitive / special need sites)
• Define and structure programs
• Align programs to client’s key objectives (group strategy / insurance / legislation)
• Work closely with other stakeholders (brokers / external consultants / insurers / regulatory bodies)
• Conduct a SWOT analysis on each client and build a PRC risk mitigation program
• Identify key role players and build a relationship matrix on each account
• Introduce other MRC and or Marsh services into the client as and when appropriate
• Develop an opportunity matrix per account and build an implementation plan with revenue targets and milestones
• Prepare client budgets and proposals
• Prepare and deliver client presentations
• Prepare an account profitability analysis (revenue vs employee cost + disbursements)
• Prepare a cost analysis per client for renewal discussions
• Prepare invoicing instruction and provide supporting documentation
• Register projects with Elite for project numbers and furnish supporting documentation
• Ensure Elite aligns to invoicing instructions every month for consultants working on your projects
• Deliver invoices to clients and manage debtors (60 days and below)
• A time scheduling system will be completed on a weekly basis (ELITE Program) and a sales Funnel system (MARSH FORCE) will be completed on a weekly basis by the portfolio manager.
• The Revenue Target (for program renewals, new business and personal delivered consulting) for the position will be agreed with the managing consultant.

What you need to have:

• A thorough knowledge of Insurance Underwriting and surveying, including but not limited to Construction, Occupancy, Property and exposure analysis, with ability to describe and quantify loss calculations comprising Business Interruption and Property Damage loss estimate’s
• A good knowledge of Fire, Security, Occupational Health and Safety, is equally vital.
• The incumbent will be a self-starter, motivated and driven by results and fair remuneration and rewards. They will have excellent inter personal skills, and MUST have strong verbal and written communications skills.
• Must have good computer literacy *advanced excel skills advantageous.
• The ability to think out the box to solve client or consulting problems and conduct portfolio management tasks as described above is essential.
• The incumbent must be able to build long term relationships through excellent service delivery and will be expected to entertain key clients from time to time
• Exceptional people skills

QUALIFICATION AND EXPERIENCE THAT WILL BE CONSIDERED INCLUDE

• MBA
• FCIII / ACII and or related Assets Insurance certificates of competency
• Degree in Strategic Management
• BTech Safety Management
• IFE / SAESI Fire Grad
• Nebosch Certificate or Diploma
• Mechanical, Electrical or Chemical Engineering qualification

QUALIFICATION THAT WILL BE REQUIRED TO BE DONE ONCE APPOINTED

• Insurance Exams (RE1)
• IRMSA Board Level 1
• General Management course / diploma / degree
• ISO45001 (18001) & ISO 14001 course
• Nebosch / BTech Safety Management
• IFE / SAESI Fire Grad
• MAP/MDP

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 embracing 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. We are also committed to providing reasonable support to any candidate with a disability to allow them to fully participate in the recruitment process. We welcome candidates to contact us at [e-mail] to discuss any specific needs. 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.