Workers Compensation Placement Broker

About the role

Marsh is seeking a Workers Compensation Placement Broker to join its Workers Compensation team, based in either Melbourne or Sydney. This is a hybrid role requiring at least three days a week in the office. The broker provides specialist broking support for workers' compensation programmes across Australia, working closely with senior brokers and clients to develop tailored placement strategies, negotiate with insurers and reinsurers and manage 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 underwritten policies, including multi-state placements, self-insurance, managed funds, excess layers and bespoke arrangements
• Monitor market conditions, insurer appetite and pricing trends and turn them into placement advice
• Use data and analytics to support market management, reporting and placement decisions
• Respond to client queries, resolve issues and escalate complex matters
• Assist with product development, market positioning and contractual reviews

Required profile

• Demonstrated technical knowledge of Australian workers' compensation legislation across jurisdictions and premium determination methods, including retrospective rating and loss-sensitive schemes
• Experience with self-insurance, managed fund or nominal insurer arrangements, excess layers and reinsurance placements
• Proficiency in claims exposure assessment, financial analysis and interpretation of financial statements and industry metrics
• Excellent written and verbal communication, negotiation, time management and conflict resolution skills
• Appropriate approval to work in Australia; a criminal and bankruptcy check is required before starting

Required skills

• Advanced Excel
• Power BI for modelling, analysis, reconciliation and reporting
• Nice to have: broking platforms, Word and PowerPoint

What we offer

• Professional development opportunities and supportive leadership
• A vibrant, inclusive culture and a wide range of career opportunities