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Description: Marsh is actively searching for candidates to join our dynamic team based in the Melbourne office:
Principal - Energy and Power
What to anticipate:
It is a pivotal time in the energy and power industry in Australia, and insurance and risk is a key factor for our clients and prospects. The Marsh Pacific Energy & Power practice is at the forefront of supporting clients as they navigate the energy transition.
An exceptional opportunity to experience this dynamic industry and be part of the energy transition awaits you as a Principal at Marsh Melbourne within our Energy and Power Team. In this role, you'll be at the helm of driving growth, profitability, and client satisfaction within a portfolio of complex priority accounts in the energy and power sector.
You will be responsible for managing your own portfolio of accounts while also being a key member of a broader service team on large, complex accounts. Your responsibilities include fostering strong client relationships and delivering unparalleled client service, serving as a trusted advisor, pursuing new business opportunities, and expanding the range of Marsh products and services accessible to clients. To achieve this, you will work closely with the Victorian Energy & Power team and collaborate with the broader Pacific and Global Energy & Power practice. Collaboration and teamwork with our clients, insurers, and within Marsh is integral to this role.
What's in it for you?
Engagement with high-profile risk management accounts in the energy and power sector.
Leading-edge training and development program.
Inclusive and professional environment valuing your career progression.
Collaborative team atmosphere with supportive colleagues in Victoria, but more broadly in Australia and globally.
True work-life balance.
We'll rely on you to:
Develop, implement, and achieve risk management and insurance programs that address client needs accurately in the energy and power sector.
Engage with, coordinate, and project manage the broader Marsh team in delivering results for clients.
Cultivate enduring relationships with key client decision makers.
Expand and retain a portfolio of high-yield accounts in the energy and power sector.
Stay attuned to significant claim matters and assist in negotiating settlements.
Review and advise on insurance requirements under key contracts.
Demonstrate a thorough working knowledge of relevant regulations and acts in the energy and power sector.
Understand how MarshMcLennan can support our clients and deliver the best of our firm to assist them with their insurance and risk needs.
Foster meaningful relationships with insurers, clients, and diverse Marsh colleagues.
Support the Victorian Energy & Power Leader with financial reporting and team budgets.
Mentor and coach junior colleagues.
Engage in industry events, conferences, and client functions in the energy and power sector.
We hope you possess:
Excellence in Client Service (within the energy and power sector is preferred but not essential).
Planning and Organization skills.
Initiative & Self-Motivation to achieve results for clients and organizational goals.
Communication Skills for effective engagement with stakeholders including senior leadership at clients.
Collaborative approach to client servicing and ability to work as part of a team.
Ability to work effectively to meet client deadlines.
Adaptability to Change and familiarity with internal company technology and product capabilities.
What sets you apart:
Over 7 years of experience in Insurance broking (within the energy and power sector preferred but not essential).
Strong comprehension of business and organizational risk management.
Prior track record of managing a portfolio of complex accounts.
Profound understanding of insurance and strategic client engagement.
Exceptional communication, influencing, and negotiation skills.
Essential Tier 1 FSRA Compliance; tertiary qualification beneficial.
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