Risk Management Practice – Segment Leader – SVP

  • Riyadh, Riyadh, Saudi Arabia
  • TBD




  • Job applications may no longer be accepted for this opportunity.


Marsh

Role & Responsibility

Strategic

  • Accountable for setting country RMP strategy, budget, targets, organizational design and governance
  • Overall resource allocation to ensure maximization of client retention and growth
  • Identification of new Investment for Growth opportunities
  • Accountable for oversight of practice compliance with BBE / DES / CFP / TCR Ten Golden Rules, adoption and utilization of Knowledge Exchange as well as other policies and procedures
  • Focal point for external and internal stakeholder engagement
  • Identification of new product and service opportunities as well as core capabilities for the practice in conjunction with CEO, SRO and BU leaders and others
  • Puts in place, drives and monitors systematic x-sell opportunity identification mechanism and practices
  • Partners with other MMC operating entities to ‘deliver the firm’ and strengthen overall client relationships
  • Development of Thought Leadership (marketing events / seminars) in conjunction with Marketing leader and others
  • Maintains industry relationships and monitors the market to maintain competitive knowledge of the industry and to ensure core capabilities are meeting client needs

Financial

  • Accountable for the practice’s financial performance in meeting and exceeding financial budgets:
    • Retention %
    • Lost %
    • X-sell target
    • NB target
  • Reporting to CEO on budget and forecast per policies and procedures

Organizational

  • Accountable for RMP staffing & HR matters including:
    • Ensuring the acquisition and development of the segment critical skills and expertise
    • Selection of senior RMP SRO’s and CEs
    • Colleague engagement oversight including:
      • Target setting
      • Regular performance Management and Reviews
      • Ensuring training is provided
      • Oversight of work activities
  • Communicates and monitors quality standards to ensure adherence in all aspects of the business
  • Fosters team engagement and develops the segment team potential and talent

Operational

  • Formation (including setting terms of reference / team composition) and maintenance of the RMP segment table
  • Responsible for coordination and alignment with all functions that contribute to the growth and profitability of the business and the achievement of business objectives
  • Ensures all core capabilities underpinning growth and profitability are clearly defined, assessed, monitored and systematically enhanced
  • Oversees negotiations with the client regarding the pricing of services in critical situations as well as the overall strategy and direction of the relationship
  • Monitors at risk client accounts for profitability and collaborates with stakeholders and senior management to develop corrective strategies
  • Being the escalation point for all issues relating to the practice
  • Facilitation of SRO Forum and accountable for oversight of SRO activity
  • Oversight of debt recovery
  • Conducting lost client exit interviews
  • Accountable for ensuring After Action Reviews are undertaken
  • Accountable for oversight on maintenance of MF records
  • Is responsible for all contractual and regulatory compliance within the segment
  • Responsible for Challenge Review and Strat Planning process
  • Responsible for the Client Satisfaction review process inclusive of client selection

Other

  • Maintains an advanced understanding of competitive landscape
  • SRO responsibilities as identified for specific accounts (role documented under SRO’s role)
  • Personal expenses approval of Marsh colleagues
  • Maintains close relationships with other RMP leaders for knowledge/best practice exchange and enhancement

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To apply for this job please visit careers.marshmclennan.com.


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