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Jnr Broker â Sandton â Johannesburg

1 month ago

Johannesburg, South Africa Marsh Full time

Marsh has a fantastic opportunity for a Jnr Broker to join our team in the Sandton office. Peripheral Teams

The Junior Broker position offers an exciting challenge and career opportunity for someone with around 1 yearâs experience within insurance looking to join an established broking team within an market leading insurance broker.

This is a full time role and you must be able to attend the office a minimum of 3 days a week including Monday and Wednesday.

What can you expect?

  • An opportunity to join an established and client focused team
  • Being trained and coached on the processes and systems
  • A platform to build on existing knowledge and an opportunity to learn new skills in a continuous improvement environment
  • To build and maintain an excellent rapport with our clients, providers and colleagues across the Group

What you will be rewarded with?

  • An international well-established company with a strong brand and strong results to match.
  • Attractive benefits coverage, outstanding learning and mentoring programs, and internal mobility opportunities.
  • Stable employment and hybrid working model (3 compulsory days on-site)

We will rely on you to:

  • Handle the Placement Broker function on low complexity accounts.
  • Provide input to the Client Executive regarding the content of the renewal information questionnaire.
  • Attend the Internal Renewal Strategy Meeting.
  • Attend the Client Renewal Strategy Meeting, where necessary.
  • Check quoting slips and policy wordings drafted by the Technician.
  • Calculate Loss Ratios and âAs Ifâ claims statistics.
  • Collate documents received from various sources into Broking Notes.
  • Broke / negotiate terms with local market.
  • Analyse and collate terms / quotes / alternatives received for the Client Executive.
  • Issue and obtain insurers signature to closing instructions / placing slips.
  • Confirm cover to Claims Dept and Client Executive.
  • Prepare premium calculations.
  • Approve final policy wordings issued by the Technician.
  • Draft correspondence.
  • Develop relationships with Insurers at the appropriate level.
  • Attend Placement meetings regularly.
  • Comply with Marsh Professional Standards.
  • Comply with procedures relating to errors and omissions.

What you need to have: 

  • Demonstrable insurance experience
  • Basic knowledge of Word, Excel and Outlook
  • Obtained or working towards FAIS compliance

What makes you stand out?

  • RE 05 (Representatives Exam) â Essential

Marsh is the worldâs leading insurance broker and risk advisor. With more than 45,000 colleagues advising clients in over 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the worldâs leading professional services firm in the areas of risk, strategy and people. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. For more information, visit marsh.com, and follow us on LinkedIn and X.

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