Portfolio Solutions Leader Europe

Job Description:

Company:
Marsh

Description:

Marsh Portfolio Solutions (MPS) in Europe is a dynamic client-centric practice that co-creates and manages a range of innovative portfolio solutions across Marsh Europe Countries and Practices. MPS comprises dedicated professionals across multiple European countries providing a range of intermediary services to clients, colleagues and insurers including product and capacity development, corporate governance, management information, and market insights.

What can you expect:
* To manage a portfolio of facilities across the property, casualty and specialty practices supported by a team of product and data managers that you will manage.
* To take the lead role on one or more facilities, as may be necessary.
* Ensure that all facilities are managed in line with MPS procedures, regulatory requirements and best practice whilst delivering contracted services to our insurer clients.
* You will be responsible for the MPS relationship with the property, casualty and specialty practices to identify new opportunities and promote the use of existing solutions.
* To manage insurer relationships, and resolve questions and challenges that may arise

We will rely on you to:
For the design and execution of the MPS strategy in Europe (excluding UK), including new solution creation, governance and performance for all retail and wholesale solutions where Marsh presents a portfolio of exposures to the market, including facilities, delegated authority solutions, lineslips.

Key priorities include:
* Increase Penetration/Use of PS: Driving optimization, growth and profitability of all solutions with an emphasis on solutions in the Corporate segment, by delivering innovative and sustainable client value through organizing key capacity, improved product design and expanding leverage of the existing portfolios.
* Governance: Assuring all solutions are fit-for-purpose and consistent with the Marsh PS Operating Principles (attached), including structure, compensation, insurer selection, services provided, and approval schemes.
* Co-creation and sponsorship of solutions to be primarily executed by Placement in partnership with MPS and in-country segment leadership.
* Reporting: Reports to Global Placement Leader Marsh Europe, with an indirect reporting line to International MPS leader.

Roles/Responsibilities:
* Lead strategy and execution on capacity utilization for MPS in Europe (excluding UK), including senior level engagement with carriers in partnership with regional placement (property and casualty) and specialty leadership
* Provide critical insights and information to carrier partners of MPS
* Evaluate efficacy of all solutions and implement actions to close, consolidate or expand
* Collaborate with global MPS group to create and manage framework and systems for capturing transaction level placement information for MPS and partnering with carriers to optimize operational efficiencies (in partnership with Placement Operations, MGTI, JLT Mumbai and Marsh Digital)
* Responsible for implementation of any fee for service solutions

What you need to have: 
* This role will suit a confident, articulate individual who performs well in presentations, is good at building relationships and is happy to work in a flexible role.
* An understanding of European (and International) insurance market dynamics and core processes.
* Support Management of and contracts and subsequent amendments, including fee negotiations, in line with the Governance Framework
* An ability and desire to build relationships internally at all levels, both within Marsh, and insurers.
* Highly organised and methodical in approach, with an ability to work under pressure, often to tight deadlines.
* Balanced leadership, and a desire to manage and develop team

What makes you stand out: 
* Proven experience of working within insurance from an Underwriting, Broking, Claims or Distribution background
* A desire to problem solve with new and innovative solutions
* Prior experience in managing multiple facilities
* Excellent organisational and project management skills, with an ability to quickly determine what the most urgent tasks are.

About Marsh

Marsh is the world's 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 colour, 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.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world's top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.

Marsh McLennan is committed to creating 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.

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 office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person