Intern for Finex D&O Team

WTW; Madrid; On-site; EUR 11,160 - 16,740; Full time

Job summary

A global advisory company is looking for a Broker Support Associate in Madrid. This role focuses on assisting brokers with daily operations, including client communication, documentation, and data analysis. The ideal candidate will possess a relevant degree and be fluent in both English and Spanish. Strong analytical skills and proficiency in Excel and PowerPoint are essential. This internship offers valuable experience in the insurance sector and business development skills.

Qualifications

• Possibility of signing an agreement with the University or Study Centre.
• Strong communication and presentation skills required.
• Interest in business development and sales is important.

Responsibilities

• Assist brokers with day-to-day servicing of accounts.
• Coordinate activities required for placements and client interactions.
• Process expenses for business travel.

Skills

Excel

PowerPoint

Fluent English

Fluent Spanish

Analytical skills

Communication skills

Organizational ability

Business development skills

Presentation skills

Education

Degree or Master's Degree in Business Administration, Economics, Statistics, Actuarial, Business Studies or Law

Tools

WTW software and systems (Epic, CMS)

Job description

Performs standardised, high-volume operational activities to support both client & market-facing specialists across the end to end placement lifecycle for new business and renewals. Responsible for programme and client-related documentation production, data analysis, and information handling. Provides internal coordination of activity required for executing placements and managing client interactions and queries.

The Role

The broker support associate’s supports a team of brokers by assisting with organization, daily operations, communication with clients and insurance markets, document creation for use with clients and insurance markets, assistance with compliance, systems data entry and other support tasks as required.

Performance Objectives:

• Work with brokers to provide day-to-day servicing of accounts, including:
• Receive new/renewal submission from the production team or client
• Send the submission to carriers
• Receive quotes and update renewal document(s) as needed
• Provide orders to bind to the carrier/underwriters
• Carry out surplus lines, market security, sanctions, and third party payment procedures
• Follow up on invoicing and accounting inquiries
• Learn and utilize WTW analytic tools
• Learn and utilize WTW software and systems Epic, CMS, etc.
• Add/renew policy record in EPIC; upload required documentation throughout placement
• Work collectively with Mumbai on policy issuance and binder contingencies
• Process expenses for team for business travels

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity

The Requirements

If you are finishing your studies or have recently finished them, this internship is for you.

• Possibility of signing an agreement with the University or Study Centre.
• Degree or Master's Degree in Business Administration, Economics / Statistics / Actuarial / Business Studies or Law.
• High knowledge of Excel, Power Point, and skills to learn new tools.
• Fluent in English and Spanish
• Analytical skills; able to draw conclusions from data in a logical and systematic way.
• Interest and skills in business development and sales
• Strong communication and presentation skills
• Organisational ability; be able to work and think in a methodical and orderly manner
• Commitment to quality; work continuously to achieve the highest quality standards
• Proactive, results-oriented attitude and ability to work in multi-disciplinary teams.

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [e-mail].