Assistant Vice President - North American
Location: London City
Hybrid working: Home/ Office base
Salary: £60,000 per annum
About the role
This is an exciting opportunity to work for Marsh’s International Placement team, specialising in tailored property solutions for North American clients, across a vast spectrum of industries and geographies.
You will be expected to have knowledge of the property insurance market and be a part of a strong, dynamic, and innovative team, that works and collaborates with a network of offices across North America to deliver excellence to our clients as part of one global solution.
Key Responsibilities
Interaction with insurers who are based within Lloyds of London and the wider insurance market on a day-to-day basis.
We would expect the candidate to have a network of relationships across a multitude of companies, be able to navigate the market for our clients, and have some knowledge of risk appetite.
Risk Assessment and Underwriting: The candidate will assess and underwrite property insurance risks for North American clients. This involves evaluating risk exposure, analysing policy terms, and determining appropriate coverage levels.
Market Research and Analysis: The candidate will stay informed about trends, developments, and changes in the property insurance market. They will monitor industry news, track competitor offerings, and provide insights to enhance the team’s decision-making process.
Relationship Management: Building and maintaining strong relationships with insurers based in Lloyds of London and other market participants is crucial. The candidate will negotiate terms, collaborate on placements, and leverage their network to secure favorable outcomes for clients.
Key skills
Advocacy and Relationship Building: The candidate must excel in interpersonal communication and have the confidence to advocate for clients.
Market Expertise and Navigation: The candidate should demonstrate a deep understanding of the property insurance market.
Risk Assessment and Underwriting: Proficiency in risk assessment and underwriting is essential.
Market Research and Insights: Staying informed about industry trends, developments, and changes is crucial.
Negotiation and Relationship Management: Strong negotiation skills are vital.
Business Acumen and Commercial Awareness: Understanding the broader business context and having a keen awareness of commercial dynamics will contribute to the candidate’s success in this role.