Business Development/Broker - Space

Marsh is seeking candidates for our open Associate Client Advisor position based in one of our East Coast offices. This is a hybrid role and will be required to go into the office 3x per week.

As Marsh accelerates growth in the rapidly evolving space economy—spanning launch, satellite manufacturing and operations, spaceports, in-orbit services, and emerging technologies—we are seeking a senior, producer-focused Space Industry Business Development leader to originate and close new business. This individual will work closely with the global, multi-disciplined Marsh space broking team to provide clients with “end to end’ service. This role is externally facing and market-making: building a sustained pipeline of qualified opportunities, converting prospects into clients, and expanding Marsh’s space insurance presence with key buyers. The position partners closely with Space/Aviation broking, claims, analytics, and advisory colleagues across Marsh Risk enterprise to deliver differentiated solutions for complex space risks. This individual needs to be self-motivated, while also working independently and collaboratively within a global space broking team. This individual would obtain their insurance broker’s license and become involved with client advisory and insurance placement in order to better understand Marsh’s products and services.

What's in it for you?

• Market leading team: Marsh is a leading space insurance broker with a global, multi disciplined team working in all areas of the space sector.

• Help build a market-leading book in a high-growth sector: a senior role designed to drive meaningful new business in the expanding space economy.

• Global specialty platform: access to Marsh’s deep specialty placement capabilities, analytics, claims support, and global market relationships.

• Differentiated solutions: partner with leading specialists to craft innovative risk transfer strategies for complex, novel risks. • Brand and scale to win: represent a premier brokerage platform with the ability to deliver integrated solutions for sophisticated space clients.

We will count on you to:

• Own a measurable new-business production mandate, including pipeline creation, prospect conversion, and revenue outcomes.

• Identify, pursue, and close new client opportunities across the space ecosystem, including launch operators, satellite manufacturers, constellation operators, payload customers, in-orbit servicing providers, and adjacent technology companies.

• Lead prospecting strategy, including target selection, outreach campaigns, executive meetings, proposals, and conversion plans.

• Collaborate with the global Marsh space team across disciplines to maximize growth opportunities in the U.S. and globally.

• Develop subject matter expertise in the space industry, with a focus on risk management and insurance products.

• Understand client risks and create innovative solutions to address new exposures, alternative products, and new revenue streams.

• Position Marsh as a trusted advisor on space risk management and insurance strategy, including risk identification, contract-driven exposures, and risk transfer approaches across the asset lifecycle.

• Translate technical and operational space risks into insurable structures and compelling value propositions for decision-makers.

• Develop client-specific solutions using global insurance markets, including London and other specialty markets, in partnership with Marsh placement teams.

• Build and expand senior relationships with key centers of influence and referral channels.

• Develop relationships with space and satellite operators, manufacturers, and launch providers.

• Engage space-focused private equity and infrastructure investors.

• Build connections with investment banks and corporate finance advisors.

• Strengthen relationships with law firms and transactional counsel involved in M&A, project finance, and launch contracting.

• Partner with technical consultants, brokers, partners, and industry associations.

• Represent Marsh in the market through executive-level engagement, conference participation, and targeted thought leadership aligned to sales goals.

• Coordinate across Marsh Specialty capabilities to deliver integrated insurance and risk solutions.

• Support programs spanning property, launch and in-orbit coverages, third-party liability, marine cargo, cyber, D&O, E&O, workers’ compensation, and supply chain solutions, as applicable.

• Partner with analytics, claims, and risk advisory teams to strengthen differentiation and improve win rates.

• Contribute to the development of sales tools, playbooks, and market insights that support repeatable growth in the space segment.

What you need to have:

• Deep familiarity with the space ecosystem and its stakeholder landscape (operators, manufacturers, launch providers, investors, and key vendors).

• Demonstrated success with business development within the space industry with a clear track record of revenue generation.

• Highly collaborative, able to lead “team selling” while maintaining clear accountability for outcomes.

• Comfortable with a performance-driven producer role requiring travel, high activity levels, and disciplined pipeline management.

• Bachelor’s degree required; advanced degree a plus (MBA or engineering/science)

• P&C license - or ability to obtain

What makes you stand out?

• Strong executive presence with proven ability to build senior relationships and influence C-suite decisions.

• Established network and credibility in the space industry.

• Prior insurance experience is a plus but not a requirement.

Marsh (NYSE: MRSH) is 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, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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, 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected].

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.

The applicable base salary range for this role is $154,200 to $328,400.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.