Vice President, Asia Power
5 days ago
**Vice President, Asia Power**
**What can you expect?**
- Embark on a journey of career growth and acceleration with an award-winning Fortune 500 company
- Unparalleled opportunity to be part of a dynamic broking team
- Exceptional training and development initiatives as well as exposure to a wide range of learning avenues that you can tap on to reach your full potential
**What is in it for you?**
- Be part of a reputable and recognized brand in insurance brokerage by working with and learning from industry leading experts in the field
- Unprecedented opportunity to meaningfully impact our clients and make a difference
- Access to Employee Resource Groups that provide mentorship and development opportunities
**We will count on you to**:
- Oversees preparation, management, implementation and achievement of business plans and goals.
- Serves as a trusted advisor and expands the dialogue with the client to discuss both current and emerging risks, ensuring the client receives the best of what the Company has to offer.
- Maximizes team and account profitability through the implementation of efficient and effective work practices, adequate client billing and sensible expense control.
- Solidifies effective long-term relationships with own and Account Executives’ key client decision makers and frequently monitor political, management and other changes within client organizations to preserve and protect the Company's relationship with the client.
- Utilizes a thorough understanding of the client's business, risk management and insurance needs to ensure that our services and programs continue to meet their complex needs and expectations.
- Develops and leads implementation of clear and effective renewal and broking strategies, ensuring renewal performance exceeds set targets.
- Strengthens positive and tenacious client retention and development focus amongst subordinates through regular communication of client status and retention issues.
- Ensures that effective account retention and defense strategies are in place for all clients at all times.
- Leads revenue generation, growth and other opportunities by actively developing additional business from existing portfolio and other sources in line with budget targets.
- Act as a thought leader for the regional power team focusing on solving problems and implementing solutions across the Asia Power teams and connected teams and across functionality to deliver high quality solutions.
- Drive productivity efficiency and continuous improvements within projects and initiatives across client services and solutions.
- Responsible for building client relationships, managing existing book of business and assisting in acquiring new clients
- Handle portfolio of clients and deliver expected broking outcomes and financial performance of the portfolio and new business acquisition with the team
- Understand and stay current on each client’s business situation and strategy with close collaboration with the Advisory, Placement and Client Relationship teams in order to deliver the broking solutions that matters.
- Responsible for delivering and driving of overall client strategy and leading day to day markets placement activities relating to major and complex accounts
- Lead negotiations for clients with the markets by providing RFP expertise, technical knowledge and advisory, market knowledge etc
- Coordinate and prepare placement slip /endorsements/ underwriting submission
- Able to prepare premium spreadsheets and draw up schematics
- Achieve business outcomes and Drive governance around initiatives relating to enhancement of client deliverables, client profitability and internal productivity
- Participate in new business initiatives
- Work with follow team members to achieve common objective for the team & client
- Coaching & developing the talent of less experienced team members
- Overseeing quality of deliverables and enforcing deadlines on respective accounts where required
**What you need to have**:
- Degree in any discipline with at least 10 years of client-facing experience in insurance industry
- Excellent project co-ordination skills amongst all related stakeholders (Insured, retail office, Marsh network offices)
- Engage in key communication with retail offices on client service model, placement strategy and key markets communications
- Able to communicate and present markets updates to clients and retail offices
- Excellent market interaction, relationship building with markets and excellent negotiation trading skills
- Good technical knowledge on policy power wordings / clauses and good understanding /reading of contractual documents
- Have Certificate in General Insurance (CGI) or equivalent or complete CGI within reasonable period upon employment.
**What makes you stand out**:
- Excellent people management, time management, presentation and problem-solving skills.
- Good communication and written skills in English.
- Meticulous and keen attention to details
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