Broker – Property Insurance
About the job
- A completed vocational qualification as an insurance and finance clerk or a comparable qualification, alternatively a completed university degree, preferably with a technical or business administration focus.
- Initial professional experience in industrial insurance, particularly property insurance.
- Business-fluent German and good English language skills.
- Interest in addressing complex customer challenges and developing individual solutions.
- Take responsibility for comprehensive line-specific risk and detailed analysis and assessment of customer risks.
- Advise on, design, and place tailored line-specific solutions for assigned customers and in connection with new acquisitions.
- Design national and international insurance coverage concepts.
- Tender, negotiate, and place complex insurance programs.
- Coordinate and participate in site inspections in collaboration with Risk Engineering and insurers.
- Review, assess, and document policies and wordings, and make recommendations for action.
- Advise customers on coverage gaps and compliance-related matters.
- Serve as a contact for customers, insurance partners, and internal stakeholders on contractual matters.
- Support sales with acquisitions, tenders, and internal projects.
- Attend and participate in industry events.
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'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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