Australia Job Openings

Marsh

Managing Principal – Construction Practice

Sydney

FULL TIME

October 23, 2024

Marsh is currently seeking a Managing Principal for our Sydney office, with a specific focus on the Construction industry.

As part of the Marsh Specialty – Construction Practice, you will be responsible for the growth, profitability, and client satisfaction of a portfolio that includes large and complex accounts. Your role will involve managing and developing client relationships, acting as a trusted advisor, and expanding the range of Marsh products and services utilized by clients. Additionally, you will pursue new business development opportunities within the construction sector to help drive team growth.

What’s in it for You?
  • Exposure to high-profile construction risk management accounts.
  • Opportunity to work within a leading construction broking team.
  • A vibrant team environment with energetic and supportive colleagues.
  • A genuine commitment to work-life balance.

Key Responsibilities:
  • Develop, implement, and achieve robust risk management and insurance programs tailored to construction client needs.
  • Drive growth by assisting with tender responses and large construction project bids.
  • Maintain strong relationships with insurers and deliver placement solutions for both annual and project-specific needs.
  • Foster and sustain effective long-term relationships with key client decision-makers through regular meetings and communication.
  • Stay informed about large and complex claims, assisting claims personnel in negotiating equitable settlements on behalf of clients.
  • Possess a comprehensive understanding of major insurance classes and stay updated on new technical and product developments.
  • Support the development of team members and assist with at-risk accounts by leveraging your understanding of service team capabilities.
  • Deliver exceptional client service across all aspects of account management, including technical contract reviews.
  • Participate in industry events, conferences, and client functions to build a strong professional network and represent Marsh effectively.

Requirements:
  • Strong experience in the Construction Insurance Broking industry.
  • Valid insurance broker's license.
  • Strong business acumen and problem-solving skills.
  • Excellent interpersonal and communication skills.

Desired Qualifications:
  • 10+ years of experience in insurance broking.
  • Sound understanding of construction business and organizational risk management.
  • Prior experience managing complex account portfolios.
  • Thorough knowledge of insurance and strategic client engagement.
  • Exceptional negotiation and influencing skills.
  • Tier 1 FSRA Compliance (essential) and tertiary qualifications (highly regarded).
Join Marsh and take advantage of this exciting opportunity to make a significant impact in the Construction industry while enjoying a supportive and rewarding career path.

Applications will only be accepted from candidates who have the appropriate approval to work in Australia. Successful applicants will be required to complete Criminal Record check prior to commencement of employment.

About Marsh:

Marsh is the world’s leading insurance broker and risk adviser. 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 Mc Lennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh Mc Lennan 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 marshmclennan.com, follow us on Linked In and X.

At Marsh we recognise that our people have different priorities and commitments. We are passionate about providing an inclusive workplace that supports all of our employees in managing those priorities, and we celebrate the diversity of all the family groups that make up our extended Marsh family.

Marsh is proud to be an accredited Family Friendly Workplace www.familyfriendlyworkplaces.com, and a Work 180 endorsed employer. For information on the benefits and policies at Marsh visit www.work180.com and search “Marsh” under endorsed employers.

Marsh Mc Lennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, gender identity or any other characteristic protected by applicable law.

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