Assistant Vice President - Surety, Political Risk & Structured Credit (PRSC)

Company:
Marsh

Description:

We are seeking a talented individual to join our Surety, Political Risk & Structured Credit team. This role will be based in Hong Kong.

We will count on you to:

• Management and servicing of Surety and PRSC accounts and be responsible for key deliverables and revenue.
• Actively and strategically develop new business pipelines through various channels.
• Assist the team with development of new prospects / opportunities, either independently or with support from the team, and contribute to the annual new business target associated with this.
• Prepare market submissions on new transactions, consolidate feedback for clients, negotiate terms and wording and complete placement process.
• Maintain strong relationships with clients, colleagues, and insurance/ reinsurance companies, ensuring efficient communication.
• Oversee daily operation, including processing and administration of surety bond.
• Handle billing processes accurately and timely, ensuring compliance with company policies.
• Monitor accounts (payment, collection, etc.) to anticipate and prevent problems.

What you need to have:

• Bachelor's degree holder or above in Business / Banking & Finance / Accounting or relevant discipline.
• 4-6 years of work experience in corporate environment.
• Having knowledge in the principles of insurance would be beneficial.
• Possess broad technical knowledge across commodity finance, trade finance, asset backed finance and project finance transactions.
• Pro-active and able to work independently.
• A self-starter with a proactive and energetic approach
• Good communication (written and verbal) and interpersonal skills
• Fluency in English and Chinese (Cantonese and Mandarin).

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.