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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Engineering Insurance Specialized Broker

Full-TimeUpdated on 10/24/2026
No salary listed
Mid
Bachelor's, Master's
Porto, Portugal+1 moreMore locations: Lisbon, Portugal
HybridHybrid role requiring at least three days per week in the office or onsite with clients.
InsuranceInsurance Sales & Agency

About the job

Requirements
  • A degree or master's degree in Civil Engineering or another related field is required.
  • Construction/Engineering insurance know-how, including clauses, taxes, liabilities, contracting, project finance, and claims, is required.
  • Relevant experience in Project Finance is required.
  • Experience negotiating and placing insurance for the construction/engineering sector is required.
  • English and Portuguese language proficiency is required.
  • Advanced proficiency working with Microsoft Office is required.
Responsibilities
  • Analyze and advise on risks and insurance related to construction/engineering tenders, projects, claims, and concessions.
  • Focus on client management and markets related to construction/engineering risks and insurances.
  • Be present and work alongside clients, including onsite presence and familiarization with their projects.
  • Design, submit to markets, and negotiate insurance programs.
  • Maintain continuous and strategic contact with the insurance market.
  • Work with a local and international specialized team to provide clients with a complete experience.
Desired Qualifications
  • Solid experience and know-how regarding construction projects.
  • Critical thinking and the ability to manage priorities.
  • Fluency in other languages, including Spanish and/or French.
  • Know-how on facultative reinsurance.
  • Experience working with risk, insurance, and claims in complex construction/engineering projects.

About the company

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

New York, NY

Founded

1871

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Simplify Jobs

Simplify's Take

What believers are saying

  • Consulting drives growth: Mercer and Oliver Wyman's group grew 8% organically in the June 2026 quarter, versus 3% for broking.
  • Profits cushion jobs: Marsh kept about 27 cents of operating profit per sales dollar in 2025, before one-time costs.
  • Many career paths under one employer: 95,000+ colleagues span broking, reinsurance, benefits and strategy consulting in 130 countries.

What critics are saying

  • Expect cuts: Thrive, announced October 2025, sets aside $500 million, mostly severance and technology, to save $400 million yearly.
  • Pricing works against broking: Marsh's index shows commercial rates fell 6% in the June 2026 quarter, an eighth straight drop.
  • Back-office roles are being consolidated: a Business and Client Services unit is pooling operations and technology teams company-wide.

What makes Marsh & McLennan unique

  • Consulting is a third of the business: Mercer and the Oliver Wyman group earned 36% of 2025 revenue.
  • Investment management sets it apart: Mercer is the world's largest outsourced chief investment office, running portfolios for institutions.
  • Scale sets it apart: 2025 revenue grew 10% to $27.0 billion across broking, reinsurance and consulting.

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