Senior Workers Compensation Placement Broker

About the role

Marsh is seeking a Senior Workers Compensation Placement Broker to join its Workers Compensation team, based in Melbourne or Sydney. This is a hybrid role with at least three days per week in the office. The broker provides specialist broking support for workers' compensation programmes across Australia, analysing client exposures, developing placement strategies, negotiating with insurers and reinsurers and managing policy administration.

Key responsibilities

• Analyse client risk exposures and portfolios to recommend cost-effective placement and risk transfer strategies
• Prepare underwriting submissions, renewal proposals, quotations and placement documentation
• Support senior brokers and large employers with complex multi-state policies, self-insurance, managed funds and bespoke arrangements
• Monitor market conditions, insurer appetite and pricing trends, and use data and analytics for market management and reporting
• Maintain account records, oversee premium invoicing, collections and reconciliations, and resolve payment issues
• Build relationships with clients, internal stakeholders and insurance and reinsurance partners
• Review contracts and advise on contractual obligations and legislative restrictions
• Stay current with workers' compensation legislation, premium models and state risk policies
• When required, review client financial statements and industry metrics to inform pricing and retentions
• Brief and support junior brokers

Required profile

• Demonstrated technical knowledge of Australian workers' compensation legislation across jurisdictions, premium determination methods and loss-sensitive schemes
• Experience with self-insurance, managed fund or nominal insurer arrangements, excess layers and reinsurance placements
• Proficiency in claims exposure assessment, account performance analysis and financial analysis, including reading financial statements
• Excellent written and verbal communication, presentation, negotiation, time management and conflict resolution skills
• Ability to mentor junior colleagues and manage competing priorities accurately

Required skills

• Advanced Excel
• Power BI for modelling, analysis, reconciliation and reporting
• Broking platforms, Word and PowerPoint (a plus)

Candidates must have the appropriate approval to work in Australia and complete a criminal and bankruptcy check before starting. Professional development, career opportunities and benefits are offered.