Business Interruption Consultant - Home Based

Social network you want to login/join with:

Business Interruption Consultant - Home Based, Midlothian

col-narrow-left

Client:

WTW

Location:

Midlothian, UK (Home based with travel)

Job Category:

Consulting

-

EU work permit required:

Yes

col-narrow-right

Job Reference:

a6e2037e9906

Job Views:

7

Posted:

26.04.2025

Expiry Date:

10.06.2025

col-wide

Job Description:

At WTW, our risk & resilience advisory team are specialists in enterprise risk management (ERM), information security and cyber risk management, business continuity, crisis and reputational risk management, and business interruption. We have representatives across the UK who will be able to 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 correct level of Property Damage Business Interruption (PDBI) insurance required to support full recovery of the business following a property damage event. As a BI Consultant, you will support PDBI / Property insurance placement activity across GB Retail.

• Combine potential business, financial, and operational impacts with sound financial modelling to 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.

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

The Role

• Deliver pre-loss PDBI reviews to help clients understand their potential financial exposures in the event 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.
• Work with GB Retail clients to identify and evaluate their BI exposures and provide constructive feedback.
• Identify sales opportunities and revenue generation aligned with GB Retail budget targets.
• Leverage your expertise to develop new business opportunities.
• Maintain a high profile externally and internally, collaborating seamlessly with Risk Management and Account Management teams.
• Stay updated on evolving BI and claims methodologies.