Assistant Vice President, Casualty Facultative Broking

Company:
Description:
Guy Carpenter is seeking candidates for the following position based in the Sydney office:
Assistant Vice President, Casualty Facultative Broking
What can you expect?

• Exposure and involvement with a high profile clients
• Be part of an innovative global leader in reinsurance broking
• Exceptional training and development initiatives as well as exposure to a wide range of learning avenues
• Brand new agile workspace in Barangaroo

What is in it for you?

• Leading learning and development programs
• Professional environment where your career path really matters and is supported in our global organisation
• Great team environment with energetic and supportive colleagues
• Genuine work life balance

We will count on you to:
Key Responsibilities:

• Creating and maintaining relationships with both the client and reinsurers
• Analysis risk and assist with developing solutions for clients’ needs
• Assist with responding to client queries and concerns, resolving issues promptly in order to maintain client satisfaction
• Supports and assists in the design, development and marketing of new brokerage products and programs to win new projects.
• Assists more senior level Brokers on more complex client assignments
• Demonstrates proficient awareness of market conditions to better serve client and inform more junior brokers on market trends.
• Update management on issues, progress etc regularly and upon request to ensure high quality client service
• Monitors accounts (payments, collections etc) anticipating and preventing problems when possible
• Maintains strong relationships with client, colleagues and insurance/reinsurance companies to efficiently communicate client demands and requests internally.
• Draft policy contracts reflective of bound risk
• Book accounts within internal booking system
• May assess contract documents and bond forms as well as banking terms and conditions.
• May assess and explain for the client the terms and conditions of General Agreement of Indemnity required to be executed by Clients to support all surety transactions.
• May assess financial statements for all industries with specific knowledge of each industries unique financial market
• Requirements:
• Excellent communication skills (verbal and written)
• To be a self-starter with strong organisation skills
• To be presentable, confident and professional as the role will require you to liaise with senior clients on behalf of our business.
• The ability to drive change and prioritize tasks in a fast-paced environment
• Interpersonal skills to build relationships and liaise with clients, the team, and senior management.

What you need to have:

• Minimum 2-3 years of experience in the insurance/broking industry
• Knowledge of Reinsurance and Casualty insurance is desirable
• Exceptional communication, influencing, and negotiation skills
• The ability to read and interpret Financial Lines policy wordings
• Experience in communicating with clients in a professional and credible manner

About us:
Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,400 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. The company’s 85,000 colleagues advise clients in over 130 countries. With annualized revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer and Oliver Wyman. For more information, visit and follow us 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. Note: the changes to our hybrid work policy do not apply to officially designated remote workers and are subject to any works council or local legal requirement.