Marsh 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 Marsh McLennan (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: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. For more information, visit marshmclennan.com, follow us on LinkedIn and Twitter.
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.
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 $23 billion and more than 85,000 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 embracing 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. We are also committed to providing reasonable support to any candidate with a disability to allow them to fully participate in the recruitment process. We welcome candidates to contact us at reasonableaccommodations@mmc.com to discuss any specific needs.
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.
