M

Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Reinsurance Broker - Caribbean Property

Full-TimeUpdated on 10/24/2026
No salary listed
Mid
London, UK
In PersonBased in London; onsite.
InsuranceInsurance Sales & Agency

About the job

Requirements
  • Experience in Property Facultative Reinsurance broking or underwriting; Caribbean experience is strongly preferred.
  • Strong technical knowledge of facultative structures, including placement strategy and wordings.
  • Strong stakeholder and client relationship management skills, with the ability to work independently with minimal supervision.
Responsibilities
  • Work closely with stakeholders to develop and execute strategic growth plans for Caribbean Property Facultative Reinsurance and proactively identify opportunities for growth.
  • Partner with internal teams to position the product line within wider strategic and client plans, including supporting implementation of agreed regional strategies.
  • Convene and lead internal preparation meetings ahead of renewal strategy meetings and contribute to technical training initiatives to broaden facultative expertise where applicable.
  • Assist in overseeing facultative placement activity and lead complex and/or large client enquiries to ensure optimal solutions are delivered.
  • Review exposures and loss experience, analyse risk, determine coverage and service requirements, and develop placement/broking plans aligned to client needs, including obtaining approvals.
  • Negotiate and evaluate quotes, present clear recommendations, support client/prospect meetings, and communicate placement strategy and outcomes effectively to brokers, clients, and carrier partners.
Desired Qualifications
  • Contribute to product line strategy and execute growth initiatives across multiple stakeholders and geographies.
  • Demonstrate the ability to lead complex placements end-to-end and influence others to deliver high-quality outcomes.
  • Maintain strong market awareness and translate developments in coverage, pricing, and capacity into actionable guidance for brokers and clients.

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

Get referred to Marsh & McLennan

See people who can refer or advise you

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.

Help us improve and share your feedback! Did you find this helpful?