Senior Finpro Broker

Dubai, United Arab Emirates

Job Description

Senior Financial and Professional lines Broker; Marsh UAE. Marsh is seeking candidates for the following position based in the DIFC office in Dubai: Senior FINPRO Broker What can you expect: The Regional FINPRO team based in DIFC consists of a diverse group of professionals who are responsible for the development, placement, and servicing of FINPRO business across the MENA region. This team works closely with colleagues from Marsh\'s regional organization, its extensive retail network, and other global FINPRO hubs to provide specialized client servicing capabilities, innovative product solutions, and access to local and regional markets. As a Senior FINPRO Broker, your role will involve advising and placing a client\'s risk within the (re)insurance and risk marketplace. Your objective will be to retain existing business and establish a network for new opportunities in order to meet our ambitious growth targets. This position requires a strong technical knowledge, exceptional negotiation skills to secure the best terms, conditions, coverage, and pricing from the reinsurance market, as well as excellent communication skills to collaborate with our network and present our offerings and recommendations to clients and prospects. What you will be rewarded with:
  • We offer and embrace a hybrid working model that nurtures a collaborative working environment in the office 3 days per week allowing 2 days per week to be spent working on a remote basis.
  • Competitive Benefits Package including: 28 days annual leave, medical cover, life assurance, employee assistance program, plus a range of flexible benefits.
We will rely on you to:
  • Foster a robust collaboration with retail teams throughout MENA and Turkiye, focusing on both renewals and new business opportunities.
  • Offer strategic input during the sales and planning process to enhance decision-making and drive successful outcomes.
  • Gather comprehensive risk information and understand the specific coverage requirements for each client.
  • Present terms and conduct comparative analysis to clients and colleagues involved in client-facing roles.
  • Take ownership of executing the placement strategy, ensuring the timely placement of risks with the selected reinsurers while managing client expectations.
  • Prepare and provide final closing documentation to complete the placement process efficiently.
  • Proactively identify and pursue sales opportunities to expand the FINPRO portfolio, collaborating closely with regional and global teams, and exploring cross-selling initiatives.
  • Place a specific focus on Fac Re (Facultative Reinsurance) opportunities from Turkiye, CIS, and other regions.
  • Recognize the demand for new products and take the lead in developing innovative solutions to meet the unique needs of clients.
  • Coordinate and mobilize organizational resources effectively to ensure the successful completion of sales.
  • Provide expert consultation to management, practice, and retail teams on complex client issues or claims, developing clear and concise communication strategies, and driving the development of solutions to deliver excellent client service.
What you need to have:
  • Relevant college/university degree preferable but not essential
  • Minimum of 8 years of experience in the insurance/reinsurance industry, preferably in broking. Possesses a high level of technical knowledge in reinsurance of Financial and Professional Lines products, including Directors and Officers Liability, Professional Indemnity, Commercial Crime, Bankers Blanket Bond, and Specie products.
  • Proficient in reading and analyzing financial statements.
  • Demonstrates a growth mindset with a strong focus on sales.
  • Exhibits strong work ethics and a commitment to professional integrity. \xe2\x80\xa2 Excellent communication and interpersonal skills.
  • Demonstrates strong analytical thinking abilities.
  • Possesses effective negotiation skills.
  • No travel restrictions within the region and globally.
  • Fluent in English, both verbally and in written communication
What makes you stand out:
  • Minimum of 5 years of experience in Financial and Professional Lines broking within a multinational company.
  • Possesses a diverse background that enables a comprehensive understanding of clients\' needs beyond the FINPRO perspective.
  • Demonstrated experience in client management.
  • Exposure to the UAE/DIFC Financial Lines market.
  • Access to global markets.
  • Proficiency in communicating in Arabic, Turkish, or French, both verbally and in written communication.
Marsh is the world\xe2\x80\x99s leading insurance broker and risk adviser. With more than 45,000 colleagues operating in more than 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 leading global professional services firm in the areas of risk, strategy and people. With annual revenue of over $20 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 marshmclennan.com, follow us on LinkedIn and Twitter. Marsh McLennan 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, 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 an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at TAUK@mmc.com. Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local based teams will identify at least one \xe2\x80\x9canchor day\xe2\x80\x9d per week on which their full team will be together in person. office or working onsite with clients at least three days per week. Office-based teams will identify at least one \xe2\x80\x9canchor day\xe2\x80\x9d per week on which their full team will be together in person.

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Job Detail

  • Job Id
    JD1611554
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned