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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Broker – Energy - Upstream & Renewables

Full-TimeUpdated on 10/24/2026
No salary listed
Mid
London, UK
HybridHybrid work; colleagues are expected in the local office or onsite with clients at least three days per week.
InsuranceInsurance Sales & Agency

About the job

Requirements
  • Proven experience in the energy insurance or reinsurance market, with direct involvement in upstream and/or renewable energy risks through broking, underwriting, or placement/technical support aligned to energy business.
  • A background as an energy-focused broker, or clear, demonstrable experience working within an energy broking team, with practical exposure to London Market placement and day-to-day engagement with underwriters or reinsurers.
  • Demonstrated ability to support or deliver facultative placements or closely related placing activity, including working with risk information, shaping submissions, and managing market queries through to quote or bind.
  • Strong relationship-building skills with clients, colleagues, and market participants, and confidence operating in a fast-paced, deadline-driven placing environment.
  • Excellent attention to detail and document discipline, with the ability to manage multiple time-sensitive workstreams while maintaining accuracy across submissions and placement documentation.
  • Strong written and verbal communication skills, including the ability to translate technical energy risk information into clear, high-quality market submissions and presentations.
Responsibilities
  • Broker energy facultative placements end-to-end, supporting clients with placement strategy, market engagement, and execution.
  • Work with clients and internal stakeholders to understand risk, coverage needs, and placement objectives, translating these into effective market submissions.
  • Develop and maintain strong relationships with London Market reinsurers, negotiating pricing, terms, conditions, and coverage to achieve positive client outcomes.
  • Produce and manage placement documentation, including submissions, quotes, market presentations, cover notes or slips, and contracts, in a timely and accurate manner.
  • Manage the placement lifecycle through to binding and post-bind activity, including follow-up on contract documentation and ensuring timely flow of materials.
  • Collaborate closely with colleagues across the business to deliver coordinated client solutions and high-quality service throughout the process.
Desired Qualifications
  • Prior exposure to energy risks and/or energy clients, particularly upstream and/or renewables, through broking, underwriting, or placement support.
  • ACII qualification or progress toward ACII, or equivalent professional development.
  • Experience broking facultative business within the energy class, or a clear, demonstrated interest in building a career in upstream or renewables.
  • Background in a role supporting the full lifecycle of placements and ability to operate with ownership and accountability.
  • Strong technical understanding of energy risks and/or a proven track record of quickly developing product and market expertise.
  • Established relationships with London Market facultative reinsurers, or a strong ability to build a market network quickly, and confidence presenting submissions to underwriters.
  • A track record of taking ownership end-to-end, proactively managing stakeholders, and anticipating issues through contract production and post-bind follow-up.

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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