We are seeking a talented individual to join our Casualty Placement team. This role will be based in Hong Kong.
We will count on you to:
Uses significant risk expertise and knowledge of industry and carriers to develop placement solutions that meet client needs.
Implements the placement strategy to achieve growth goals and provide exceptional client service.
Develops the go-to-market strategy and articulates the value of placement function and participates within pricing of services as applicable.
Facilitates submission of coverage specifications and obtains quotes from carriers based upon the “assist, advise, and assume” transaction model.
Binds coverage and is responsible for the accuracy of placement binders.
Creates and maintains relationships with practice, insurance markets, clients carriers and/or underwriters to provide cohesive client service.
Advises on changing insurance and risk management market conditions and informs client executives, client advisors, and/or clients of major developments affecting various types of products/coverage.
Interfaces closely with client executives and client teams to support client retention and new business production.
Drives senior placement/technical support activities on assigned accounts, such as ensuring procedural compliance, reviewing data and updating annual renewal exhibits, maintaining accurate placement system entries, to ensure contract execution as required.
Advises on changing insurance and risk management market conditions, and inform Client Executives, and/or clients of major developments affecting various types of products/coverage.
What you need to have:
At least 5 years’ experience not limited to placement but general insurance broking for P&C, an underwriting background in casualty is highly preferable
Experience of handing negotiation with underwriters for best terms and conditions to our clients around P&C placements
Good understanding of policies, contracts and Facilities
Knowledge of the brokerage industry in Hong Kong
Excellent organizational skills to prioritize work and meet deadlines
Good presentation skills
Excellent interpersonal skills
Proficient in Chinese, English and Mandarin.
Why join our team:
We help you be your best through professional development opportunities, interesting work and supportive leaders.
We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being
Skills Required
- At least 5 years' experience in insurance broking for P&C
- Underwriting background in casualty
- Experience negotiating with underwriters for P&C placements
- Good understanding of policies, contracts and Facilities
- Knowledge of the brokerage industry in Hong Kong
- Excellent organizational skills to prioritize work and meet deadlines
- Good presentation skills
- Excellent interpersonal skills
- Proficient in Chinese, English and Mandarin
What We Do
Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 7,000 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].
