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Leading the local MMB placement agenda and enhancing the local MMB placement capabilities. Responsibilities include implementing international and regional MMB placement roadmaps, developing local strategies, managing carrier relationships, and driving competitive deals for clients.
Job Responsibility:
Leading the local MMB placement agenda
Implementing the international and regional MMB placement roadmap
Developing local MMB Placement strategies and initiatives, in alignment with global and regional MMB
MMB carrier relationship management, to maximize support for MMB initiatives
Driving development of dedicated MMB broking function
Driving development of local MMB Placement Value Proposition, in alignment with global and regional MMB
Supporting development and implementation of MMB Placement Technology
Enhancing the local MMB placement capabilities
Build and maintain strong relationships with local underwriters and operational levels of engagement with the Insurance market
Support MMB placement facilities terms and conditions, pricing and commission rates
Handle local large MMB business placements
Drive the most competitive deals for local clients
Ensure MMB approach to the market as a unified organization
Achieve commission uplift across the local portfolio and drive portfolio profitability
Generate local insurer related revenues
Develop a local approach towards the capturing of the placement data
Drive proactive development of MMB solutions to address client needs
Support the innovation of new products, solutions and capacity
Support the development of junior brokers and enhance broking skills in the organization
Engage with the claims function and support claims negotiations with insurers where needed
Resolve potential E&O's and advocate for clients on challenging claims
People
Maintaining good relationship with the insurance market
Proactive communication with all internal and external stakeholders
Self-generating new ideas and capable of closure on existing/outstanding issues
Requirements:
Bachelor's Degree or above
At least 8 years of experience in group employee insurance, group employee insurance brokerage and/or consulting
Excellent oral and written communication skills
Excellent oral and written English
Able to handle a variety of assignments simultaneously
Sound understanding of the Employee Health Benefits market, along with understanding of the specific role of a senior Placement Broker and its working practices
Knowledge and understanding of relevant insurers, third party service providers and their products and services, and an awareness of competitors
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