Trainee Surety Broker

We are seeking a talented individual to join our Surety team at Marsh. This role will be based in London and is a hybrid position, with a requirement of working at least three days a week in the office.

Marsh Surety is a global business with more than 320 employees making it the largest Surety broker in the world. The business serves all aspects of the Surety Broking market for a wide range of corporate clients. Surety is highly specialised area of the insurance market providing protection against default by a corporate of its financial and/or performance related obligations. Surety bond facilities are generally managed at a senior level within a corporates’ Treasury / Finance team (i.e. Group Treasurer or CFO) and can form an integral part of their working capital and financing facilities.

We are seeking an individual in the early stages their financial services career or graduates with a keen interest in finance.You will work within a small team of market leading professionals, managing all aspects of the Surety market across a broad range of industries that require bond and guarantee products including Energy, Construction, Engineering, transportation and technology.

What can you expect?

• Industry focused insurance and technical training from the markets leading insurance/surety professionals.
• To work in a busy office environment with an experienced team who will support you in all aspects of training and career development.
• To start a successful career in a niche industry offering complex financial instruments/guarantees to a broad range of corporate clients.
• Exposure at a very early stage to the market and client facing sides of our business.

We will rely on you to:

• Process new bond requests, arranging renewals and managing day-to-day client requests and enquiries.
• Prepare underwriting submissions, client reports and presentations.
• Liaise with the bond admin team for bond wording advice, new bond requests and invoicing.
• Organise client and underwriting meetings as required.

What you need to have:

• Excellent organisational skills.
• Previous experience in financial services/insurance or a keen interest to start a career in an area of the insurance market that works in both competition and partnership with banks.
• A good knowledge of excel and power point.
• Attention to detail and the ability to work under pressure to meet strict deadlines is essential.
• Excellent communication skills with the ability to manage assertive conversations.

What makes you stand out:

• Prior experience in credit insurance would be preferable.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [email protected].

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.