Broker

WTW; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

Join a leading global firm as a Broker in the North America Property team, where you'll play a vital role in understanding client needs, negotiating with the insurance market, and managing client relationships. The ideal candidate will have a strong background in insurance broking with a proven track record, and ACII qualifications are preferred.

Qualifications

• ACII qualified or working towards this qualification is essential.
• Significant experience in Insurance Broking or Underwriting needed.
• Good knowledge of (re)insurance market, especially Property.

Responsibilities

• Understand client business and provide tailored solutions.
• Negotiate placements with the (re)insurance market.
• Manage client relationships and prepare presentations.

Skills

Communication

Negotiation

Interpersonal Skills

Presentation Abilities

Problem Solving

Education

ACII qualification or working towards it

Proven track record in Insurance Broking or Underwriting

Tools

Excel

PowerPoint

MS Office

Job description

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Description

We are delighted to be able to offer this great opportunity to join as a Broker within the North America Property team in Direct GB, working with clients internationally.

The Role

• Ability to understand a client or prospect’s business, situations, opportunities, challenges, and key issues and understand appropriate solutions, structure, price, and placement strategies that meet the clients’ needs and deliver profitable business for a range of clients.
• Ability to manage relationships and negotiate placement with the (re)insurance market.
• Prepare client and prospect presentations.
• Work with other Account Executives and Sales Team in determining appropriate solutions and structuring and pricing the deal in alignment with client needs.
• Develop and maintain a pipeline of prospects including research, initiation of contact, meetings, responding to RFPs, CRM database.
• Identify appropriate markets and create and grow relationships with underwriters in London and international markets.
• Grow existing portfolio by identifying new new, and/or existing opportunities.
• Stakeholder Management and working collaboratively with colleagues around the world.
• Manage compliant processing of contracts as per FCA and contract certainty requirements.
• Ensure correct upload and handling of slips via the PPL Platform.
• Maintain information in Broking Platform system including record quotations, indications, and declinatures when marketing insurance business via the Broking Platform
• Provide feedback on corrective action required to retain clients or enhance process performance, actively supporting the implementation of any actions that are put in place
  
  

Qualifications

The Requirements

• ACII qualified or working towards the ACII qualification.
• A proven track record in Insurance Broking or Underwriting. A good knowledge of the (re)insurance market and specifically Property.
• Prior experience across retail, reinsurance or retrocession property placements as well as any other LOB experience will be greatly useful in this segment of the portfolio.
• Computer specific skills: excel, power point, word.
• Good communication, negotiation, quick learner, and interpersonal skills.
• Good presentation abilities.
• 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.
• 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, always complying with FCA requirements.
• Good IT skills with excellent Excel usage capability including:
• MS Office
• Power BI (preferable but not essential)
  
  

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued, and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

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].

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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