Finpro Broker

Dubai, United Arab Emirates

Job Description

Company: MarshDescription:FINPRO BrokerWhat can you expectThe Regional FINPRO team in DIFC is a multinational/multicultural team responsible for the development, placement and servicing of FINPRO business throughout the MENA region.The team collaborates with colleagues from Marshs regional organization, its extensive retail network and other global FINPRO hubs to provide specialist client servicing capabilities, world-class product solutions and access to local/regional markets.The Senior FINPRO Broker will be responsible for advisory and placement of a clients risk within the (re)insurance and risk marketplace to ensure that we retain existing business and support network for new wins for our challenging growth targets. The role requires enhanced technical knowledge, strong negotiation skills to obtain the best terms, conditions, coverage, and pricing for a client from the reinsurance market and excellent communication skills to liaise with the network and present our terms and make recommendations to clients and prospects.What you will be rewarded with:We offer and embrace a hybrid working model that nurtures a collaborative working environment in the office 3 days per week allowing 2 days per week to be spent working on a remote basis.Competitive Benefits Package including 28 days annual leave, medical cover, life assurance, employee assistance program, plus a range of flexible benefits including cycle to work, dental insurance, health assessments plus many more..We will rely on you to:Strong engagement with retail teams across MENA for both predominantly focused on new business to:Providing strategic input in the sales and planning processCollecting risk information and underlying coverage requirementsPresenting the terms and comparative analysis to the client/client-facing colleaguesBe responsible for the execution of the placement strategyPlace the risk with the short-listed reinsurers by client instructions in a timely fashion and manage clients' expectationsProvide final closing documentationIdentify and drive sales opportunities to grow the FINPRO portfolio in conjunction with regional and global teams including cross-sellFocus on ReInsurance/Fac Re opportunities from UAE, KSA, GCC, MENA and beyondIdentify the need for new products and develop innovative solutions for clientsLead the coordination of organizational resources necessary to drive a sale to completionConsult management/practice / retail team on highly complex client issues or claims and develop clear and concise communication and drive the development of solutions for excellent client serviceWhat you need to have:Relevant college/university degree preferable but not essential5+ years of experience in insurance/reinsurance preferably in brokingGood technical knowledge in reinsurance of Financial and Professional Lines products (i.e Directors and Officers Liability, Professional Indemnity, Commercial Crime, Specie products..)Ability to read and analyse financial statementsGrowth mindset with a sales focusStrong work ethicsExcellent communication and interpersonal skillsStrong analytical thinking abilityStrong negotiation skillsNo travel restrictions across the region (and globally)Fluent in English (both verbally and in writing)What makes you stand out:Previous work/experience with FINPRO productsPrevious work/experience specifically providing insurance or risk solutions to Commercial institutions.5+ years of Financial and Professional Lines broking experience in a multinational companyDiverse background to understand clients needs beyond FINPRO's perspective.Client management experienceUAE/DIFC Financial Lines market exposureAccess to global marketsIf you are interested in this opportunity, please submit your CV in English.Marsh, a business of Marsh McLennan (NYSE: MMC), is the worlds 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 $24 billion and more than 90,000 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, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, skin color, or any other characteristic protected by applicable law.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.

Marsh McLennan

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Job Detail

  • Job Id
    JD1812049
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned