Managing Principal, Commercial - Papua New Guinea

Company:Marsh

Description:

Managing Principal, Commercial – Papua New Guinea          
Location: Papua New Guinea (Expatriate relocation available)

We are seeking client-focused professionals with strong organisational skills and leadership ability. Marsh invites you to join our team in Papua New Guinea as a Managing Principal, leading our Commercial practice and managing key clients and new business growth. This role offers exciting opportunities to lead a talented team, develop new business, and contribute to Marsh’s success.
Relocation support (Marsh Mobility Plan), visa and work permit assistance, a fully furnished company vehicle, accommodation and associated costs, travel and relocation allowances, medical and associated insurance,  are all included in the overall remuneration package.

We will count on you to:

• Manage and grow a portfolio of key commercial accounts, ensuring outstanding service and client satisfaction.

• Lead, mentor, and develop national staff with training aligned to Department of Labour requirements.

• Prepare and achieve team business plans, revenue, and expense budgets.

• Build and maintain strong relationships with clients, insurers, and internal teams.

• Develop and implement renewal and broking strategies exceeding targets.

• Oversee claims management strategies for complex claims and support equitable settlements.

• Ensure compliance with company quality standards, legislation, and risk policies.

• Identify and capitalise on new business opportunities.

• Manage team performance through delegation, feedback, and reviews.

• Maintain strict control over expenses and utilise Marsh’s resources effectively.

What you need to have:

• Proven leadership experience managing teams in commercial insurance.

• Strong commercial awareness of financial, regulatory, and market factors.

• Excellent client service and communication skills.

• Ability to manage budgets and deliver profitable outcomes.

• Knowledge of insurance products, claims management, and FSRA compliance.

• Relevant professional qualifications (Fellowship of the Institute, Qualified Practicing Insurance Broker).

• Degree in Insurance or related field.

What makes you stand out:

• Experience mentoring and developing staff nationally.

• Strong strategic thinking and business growth capability.

• Commitment to continuous professional development and industry best practices.

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.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit corporate.marsh.com, or follow us on LinkedIn and X.

Marsh 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 [email protected] to discuss any specific needs.