Description:
is the world’s leading insurance broker and risk adviser. With more than 45,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: , , , and . For more information, visit , follow us on and .
MARSH is seeking candidates for the following position based in the Sandton office:
Senior Risk Consultant (Property Risk)
What can you expect?
The core purpose of this role - Insurance Surveyor and Portfolio Management . Risk assessment, underwriting surveys and technical consulting for clients.
The incumbent will be allocated work in the form of consulting tasks. The tasks take on various requests aiming to help clients identify, evaluate and manage their risk and monitor the level of resilience, by providing recommendations on tools, frameworks, protocols and skills. The Portfolio Manager will report to the Managing Consultant and will report on all projects on a regular basis.
What you will be rewarded with:
An international well-established company with a strong brand and strong results to match;
Opportunity to make the difference and to work on both local and regional projects;
Attractive benefits coverage, outstanding learning and mentoring programs, and internal mobility opportunities.
Stable employment and hybrid working model
We will rely on you to:
Primarily insurance mining risk 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.
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
What you need to have:
Degree in Mining/Mechanical Engineering
FIISA/AIISA or FCII / ACII and or related Assets Insurance certificates of competency
8 years demonstrable working experience (at least 3 of which must be in an insurance field)
Good knowledge of Fire, Security, Occupational Health and Safety
Good computer literacy *advanced excel skills advantageous
Ability to think out the box to solve client or consulting problems and conduct portfolio management tasks as described above is essential
Ability to build long term relationships through excellent service delivery
Self-starter, motivated and driven by results and fair remuneration and rewards
Excellent interpersonal skills, and must have strong verbal and written communications skills
Exceptional people skills
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
What makes you stand out:
Project management experience
Solid 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
Exceptional people skills
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.
