Broker - Structured Risk
Willis Towers Watson
- London
- Permanent
- Full-time
- Ability to understand a client or prospect’s business, situations, opportunities, problems and key issues.
- Ability to manage relationships and negotiate placement with the (re) insurance market as part of a team.
- Prepare client and prospect presentations considering the impact of client profitability.
- Help arrange and participate in marketing meetings i.e. client roadshows, virtual meetings etc.
- Help prepare and check market presentations and client documentation as appropriate.
- Assist the team with ongoing development, maintenance, and co-ordination around pipeline prospects – accurately maintaining WTW CRM & RAFT systems in order to assist with Business Planning and Forecasting.
- Assist with the loading of data into the relevant WTW Systems.
- Work with Client Relationship Directors, Account Executives, Brokers, Sales, Marketing, and the Structured Risk team in determining appropriate solutions and structuring and pricing of placements.
- Identify appropriate markets and assist the team with determining placing strategy.
- Create and grow relationships with underwriters in London and international re(insurance) markets.
- Participate in information gathering exercises and ad-hoc market analysis.
- Ensure ongoing compliance with WTW guidelines and procedures.
- Understand, apply and where necessary explain WTW policies and procedures.
- Ensure good relationships and communication with other WTW colleagues.
- A thorough understanding and an expert real time user for all relevant systems.
- Preferably ACII qualified or working towards the ACII qualification.
- Experience in (Re)Insurance Broking or Underwriting.
- A good knowledge of the (Re)Insurance market in order to address client and technical issues.
- Good communication, negotiation, and interpersonal skills.
- Excellent attention to detail.
- Good technical skills.
- Good presentation abilities.
- Ability to assimilate and apply large volumes of data and information and draw conclusions.
- Negotiation skills coupled with the ability to be flexible and innovative.
- Ability to work both independently and as part of a wider team.
- Able to prioritise, manage deadlines and work under pressure.
- Operates with a sense of urgency and client first attitude at all times.
- Comfortable explaining complex ideas and making recommendations to clients/client servicing teams.
- Able to forge links between broking and client servicing teams.
- Ability to adapt personal style to work effectively with a wide range of clients, colleagues, and underwriters.
- Must be prepared to work with integrity and openness, complying at all times with FCA requirements.
- Good IT skills with good Excel usage capability
- Quantitative background preferred but not essential.
- Reinsurance experience across Proportional and Non-Proportional lines desirable but not essential.