Business Interruption Consultant - Home Based

TN United Kingdom; London; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Business Interruption Consultant to join their risk & resilience advisory team. This exciting role involves providing clients with expert guidance on Property Damage Business Interruption insurance, ensuring they are well-prepared for potential losses. You will work closely with clients to assess their financial exposures and facilitate workshops, leveraging your expertise to drive new business opportunities. This home-based position requires occasional travel to offices and client sites across the UK, offering a dynamic work environment where your contributions will significantly impact clients' recovery strategies.

Qualifications

• Expertise in Business Interruption Insurance and financial modeling.
• Strong understanding of risk management and crisis management.

Responsibilities

• Deliver pre-loss PDBI reviews to assess clients' financial exposures.
• Facilitate workshops and provide expert BI insurance advice.

Skills

Business Interruption Insurance

Financial Modeling

Risk Management

Crisis Management

Education

Bachelor's Degree in Finance or Risk Management

Professional Certification in Risk Management

Job description

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Business Interruption Consultant - Home Based, London

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Client:

WTW

Location:

London, United Kingdom

Job Category:

Consulting

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EU work permit required:

Yes

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Job Reference:

32ba62522277

Job Views:

12

Posted:

28.04.2025

Expiry Date:

12.06.2025

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Job Description:

At WTW, our risk & resilience advisory team are specialists in enterprise risk management (ERM), information security, cyber risk management, business continuity, crisis, and reputational risk management, and business interruption. We have representatives across the UK who will work with you to understand your business's complex needs.

Learn more:

We are looking for a Business Interruption Consultant who will provide clients with guidance on the appropriate level of Property Damage Business Interruption (PDBI) insurance to support full recovery after a property damage event. As a BI Consultant, you will support PDBI / Property insurance placement activities across GB Retail.

• Combine potential business, financial, and operational impacts with sound financial modeling to realistically assess potential losses and impacts on insurable gross profit, revenue, and costs.
• Support new business opportunities, focusing on driving New New (NN) and New From Existing (NFE) business to achieve superior results.

The role is home-based with travel to WTW offices, clients, and prospects throughout the UK (and occasionally overseas) as required.

The Role

• Deliver pre-loss PDBI reviews to help clients understand their potential financial exposures in case of a loss.
• Consider business activities, inter-dependencies, logistics, supply chains, recovery timeframes, business continuity plans, indemnity periods, trading losses, Maximum Foreseeable Loss (MFL), Estimated Maximum Loss (EML), Normal Loss Expectancy (NLE), Insurable Gross Profit, Increased Cost of Working (ICOW), and Additional Increased Cost of Working (AICOW).
• Facilitate workshop exercises and provide expert advice on BI insurance using your knowledge.
• Work with GB Retail clients to identify and evaluate BI exposures, providing constructive challenge as needed.
• Identify sales opportunities and generate revenue aligned with GB Retail budget goals.
• Leverage your expertise to pursue new business opportunities.
• Maintain a high external and internal profile, collaborating seamlessly with colleagues in Risk Management and Account Management teams.
• Stay updated on changing BI and claims methodologies.