Managing Principal, Commercial – Papua New Guinea

Company:Marsh

Description:

We are seeking a talented individual to join our Commercial team at Marsh. This role will be based in Papua New Guinea. This is a hybrid role that has a requirement of working at least three days a week in the office.

As the Managing Principal, Commercial, you will lead our Commercial practice in Papua New Guinea, managing key clients and driving new business growth. You will have the opportunity to lead a talented team, develop strategic initiatives, and contribute significantly to Marsh’s ongoing success in the region.

We will count on you to:

• Manage and grow a portfolio of key commercial accounts, ensuring outstanding service and client satisfaction.
• Lead, mentor, and develop national staff with training aligned to Department of Labour requirements.
• Prepare and achieve team business plans, revenue, and expense budgets.
• Build and maintain strong relationships with clients, insurers, and internal teams.
• Develop and implement renewal and broking strategies exceeding targets.
• Oversee claims management strategies for complex claims and support equitable settlements.
• Ensure compliance with company quality standards, legislation, and risk policies.
• Identify and capitalise on new business opportunities.
• Manage team performance through delegation, feedback, and reviews.
• Maintain strict control over expenses and utilise Marsh’s resources effectively.

What you need to have:

• Proven leadership experience managing teams in commercial insurance.
• Strong commercial awareness of financial, regulatory, and market factors.
• Excellent client service and communication skills.
• Ability to manage budgets and deliver profitable outcomes.
• Knowledge of insurance products, claims management, and FSRA compliance.
• Relevant professional qualifications (Fellowship of the Institute, Qualified Practicing Insurance Broker).
• Degree in Insurance or related field.

What makes you stand out:

• Experience mentoring and developing staff nationally.
• Strong strategic thinking and business growth capability.
• Commitment to continuous professional development and industry best practices.

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 Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, 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.

Marsh 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 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.