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Head of Placement
2 weeks ago
The MMB Head of Placement is responsible for developing the Thailand placement strategy and value proposition, driving additional placement revenue, building relationships with key carriers and managing the MMB placement operations and governance across the market.
Responsible for driving client focused and commercial placement outcomes across the entire portfolio of Thailand MMB business. All activities to be aligned with the regional and global placement strategy to ensure a consistent approach and outcome where possible.
- Client Value - Ensures efficient processes and quality deliverables and outcomes clients, identifies/articulates issues, addresses and solves these issues and drives win win solutions for clients, carriers and MMB
- Innovation - Clearly demonstrates strong knowledge and experience to implement new ideas that improves team effectiveness
- Business Results - Manages carriers, clients and stakeholder expectations with a focus on delivering value without compromising quality
- Team Ethos - Coaches others to present data, analytics, facts and ideas in an effective manner. Recognizes excellent performance and provides constructive feedback in a respectful action orientated manner
- Values - Acts as a role model for MMB colleagues, carriers and clients promoting respect and positive engagement with all
**We will count on you to**:
- Develops and executes the MMB placement strategy
- Owns and manages governance for MMB placement
- Responsible for achieving placement revenue targets
- Develop and maintain market leading placement capability across MMB including carrier engagement model
- Lead placement team including oversight of all EH&B renewals focusing on key corporate accounts including regional and global clients
- Identify opportunities to grow revenues through placement and market related initiatives ie: Facilities, COE’s, Carrier Consulting Services
- Ensure the Placement team lead and maintain the placement and product relationships with all providers to ensure we are delivering the best possible outcomes for our client facing teams and clients.
- Provide oversight and leadership to placement teams in responding to tenders to ensure a consistent approach to pricing structures and usage of carries across Thailand
- Standardize client reporting and related documentation related to renewals and market tenders
- Create connections and build relationships with key carriers
- Drive product development, innovation and brand with insurance carries
- Support colleagues to adhere to compliance standards and practices to ensure placement related E&Os are at an acceptable level
- Ensure strong collaboration between placement team and client teams to deliver distinctive client value
- Key member of Regional Placement leadership team
**What you need to have**:
- Bachelor’s degree in Business, Finance, Insurance, or a related field; advanced degree preferred.
- Minimum of 10 years of experience in insurance placement, underwriting, or brokerage, with at least 5 years in a leadership role.
- Strong knowledge of the insurance market and regulatory environment.
- Strong placement operation experience, analytical, critical thinking and problem solving skills
- Previous experience in placement, ideally across product, operations and carrier management
- Excellent negotiation, communication, and interpersonal skills.
- Proven ability to develop and execute strategic plans.
- Strong analytical and problem-solving skills.
- Fluency in English; proficiency
**What makes you stand out**:
- Resilient with previous client facing sales experience
- Looking to develop career and a growth mind-set approach
- Ambitious nature and a keen contributor within a team environment
- Articulate with strong client facing and stakeholder management abilities
**Why join our team**:
- Competitive salary and performance-based bonuses.
- Comprehensive benefits package, including health insurance and retirement plans.
- Opportunities for professional development and career advancement.
- A dynamic and inclusive work environment that values diversity and innovation.
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 le