What are the responsibilities and job description for the Associate | Macquarie Insurance Facility position at Macquarie Group Limited?
The Macquarie Insurance Facility has grown to become one of the world’s largest insurance aggregators, managing roughly $US1.6 billion of premium spend annually from participating private equity and infrastructure firms. Our US team is a small group of insurance experts that look to drive value across the insurance procurement process by providing a unique, portfolio view to the market as well as to the financial sponsors who are our clients.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 34 markets and with 55 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.
What role will you play?
You will manage a book of business and have regular interaction with brokers and key insurance markets as well as develop relationships with portfolio companies and third-party prospects in order to ensure the Macquarie Insurance Facility is integrated across insurance placements and renewal processes. In addition to overseeing your own portfolio of accounts and related renewals, you will engage with deal teams across Macquarie to ensure insurance due diligence and transactional liability solutions are contemplated and managed for each transaction. You will also meet with portfolio companies and understand their insurance requirements, their current programs and any potential changes to the business that will affect insurances.
Salary range for this position: $155,000 - $175,000/Year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. We offer a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.
What you offer
- 5 years of experience in the commercial insurance industry
- A Bachelor’s degree in a relevant field
- Strong interpersonal skills with an ability to deal with brokers, insurers, and clients, both internal and external
- Excellent written and verbal communication skills
- Insurance broker license is required
We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.
About Macquarie Asset Management
Macquarie Asset Management is a global asset manager that aims to deliver positive impact. We’re trusted by institutions, pension funds, governments, and individuals to manage billions in assets globally. We provide access to specialist investment expertise across a range of capabilities including fixed income, equities, multi-asset solutions, private credit, infrastructure, green investments, natural assets, real estate, and asset finance.
Benefits
Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:
- Hybrid and flexible working arrangements
- One wellbeing leave day per year and minimum 25 days of annual leave
- Primary caregivers are eligible for 20 weeks paid leave along with 12 days of transition leave upon return to work and 6 weeks paid leave for secondary caregivers
- Paid volunteer leave and donation matching
- Range of benefits to support your physical, psychological and financial wellbeing
- Employee Assistance Program, a robust behavioural health network with counselling and coaching services
- Recognition and service awards
Our commitment to diversity, equity and inclusion
We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie provides equal opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance.
Our aim is to provide reasonable accommodations to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know during the application process.
Our aim is to provide reasonable accommodations to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know during the application process.
Salary : $155,000 - $175,000
