Construction Placement Broker - Jobs in Toronto, ON

Job Description

Marsh is seeking candidates for the following position based in the Toronto, Montreal, Vancouver, Calgary, or Edmonton office:Construction Placement BrokerWhat can you expectThis Broker will be working within the National Construction Practice, placing business in support of Client Executives from across Canada. The primary focus of the Broker is to provide the highest quality and timely service in placing insurance and proactively working with Insurers on behalf, and in collaboration with Client Executives and Client Representatives.What is in it for you

• A company with a strong Brand and strong results to match
• Culture of internal mobility, collaboration, and valued partnership with HR from the business.
• Employee Resource Groups that provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations.
• Competitive pay (salary and bonus potential), Full benefits package –- (medical, dental, vision, STI/LTI, life insurance, RSP (Retirement Savings Plan or TFSA (tax-free savings account.)
• Benefits coverage starting Day 1
• Generous Parental Leave and Tuition Reimbursement plan per year and participation in our Employee Stock Purchase Plan
• Entitled to 3 weeks of vacation, 2 personal days and 1 floating holidays, time off to give back to your community, 10 sick days, and nine company holidays (with early dismissal).
• Multiple medical, dental, and vision plans with choices to fit all needs and budgets
• Opportunity for advancement

We will count on you to:

• Lead in collaborative efforts around construction placements across Canada
• Develop and maintain a close working relationship with our key insurers
• Develop placement strategies in conjunction with Client Executives
• Utilize construction-specific focus in managing operational and project-based policy placements
• In conjunction with the Client Executive, develop strategies to advance client interests between renewals
• Accurately communicate the insurers’ quotations, including all alternatives
• Timely placement of insurance on an assigned book of business and new business
• Maintain activity logs, ensuring accuracy of information.
• Report all Placement Terms
• Maintain the renewal control system and prepare standard policies
• Maintain the internal library of standard policy forms and procedures and update the forms, as necessary
• Monitor the receipt of policies from markets and prepares acknowledgments for Client Executive
• Prepare loss experience reports, if required
• Perform, based on instructions from the Client Executive, routine renewals, and mid-term maintenance on accounts
• Participate in audits, as required
• Comply with Marsh Excellence and Professional Standards to ensure quality service to all clients
• Review final submission prior to submitting it to market and collaborate with the Client Team on a marketing strategy to achieve the client’s objectives in respect of renewal
• Broker the deal including targeted wording changes, and wording reviews
• Issue or obtain a detailed binder or cover note in accordance with Marsh professional standards
• Reconcile bound deal with issued policy

What you need to have:

• 5+ years commercial lines underwriting or marketing experience
• Hold appropriate Broker License
• Strong technical knowledge and experience working with and interpreting insurance policies
• Strong organizational skills and ability to work in a team environment
• Well-developed client service focus
• Excellent communication skills

What makes you stand out:

• CIP, CAIB, and CCIB designations
• Experience working with clients in the Construction industry

Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 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 approaching US $20 billion and 83,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.Marsh McLennan 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.In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Marsh will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact TANA@mmc.com.Quick Apply

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