Junior Broker at Marsh

Marsh has a fantastic opportunity for a Jnr Broker to join our team in the Sandton office. Peripheral Teams The Junior Broker position offers an exciting challenge and career opportunity for someone with around 1 years experience within insurance looking to join an established broking team within an market leading insurance broker. This is a full time role and you must be able to attend the office a minimum of 3 days a week including Monday and Wednesday. What can you expect?

• An opportunity to join an established and client focused team
• Being trained and coached on the processes and systems
• A platform to build on existing knowledge and an opportunity to learn new skills in a continuous improvement environment
• To build and maintain an excellent rapport with our clients, providers and colleagues across the Group

What you will be rewarded with?

• An international well-established company with a strong brand and strong results to match.
• Attractive benefits coverage, outstanding learning and mentoring programs, and internal mobility opportunities.
• Stable employment and hybrid working model (3 compulsory days on-site)

We will rely on you to:

• Handle the Placement Broker function on low complexity accounts.
• Provide input to the Client Executive regarding the content of the renewal information questionnaire.
• Attend the Internal Renewal Strategy Meeting.
• Attend the Client Renewal Strategy Meeting, where necessary.
• Check quoting slips and policy wordings drafted by the Technician.
• Calculate Loss Ratios and As If claims statistics.
• Collate documents received from various sources into Broking Notes.
• Broke / negotiate terms with local market.
• Analyse and collate terms / quotes / alternatives received for the Client Executive.
• Issue and obtain insurers signature to closing instructions / placing slips.
• Confirm cover to Claims Dept and Client Executive.
• Prepare premium calculations.
• Approve final policy wordings issued by the Technician.
• Draft correspondence.
• Develop relationships with Insurers at the appropriate level.
• Attend Placement meetings regularly.
• Comply with Marsh Professional Standards.
• Comply with procedures relating to errors and omissions.

What you need to have:

• Demonstrable insurance experience
• Basic knowledge of Word, Excel and Outlook
• Obtained or working towards FAIS compliance

What makes you stand out?

• RE 05 (Representatives Exam) Essential

Marsh is the worlds leading insurance broker and risk advisor. With more than 45, 000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the worlds leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. For more information, visit marsh.com, and follow us on LinkedIn and X. R_266893