Global Insurance Panel & Portfolio Lead

WTW group

Greater London

Hybrid

GBP 70,000 - 110,000

Full time

10 days ago

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Benefits offered by this job

25 days leave + WTW day
Private healthcare
Life insurance
Group income protection
Pension with matched contributions to
Hybrid working
Employee assistance programme
Volunteer day
Electric vehicle car scheme
Share scheme
Cycle-to-work
Dental cover
Optical cover
Critical illness protection

Job summary

WTW is seeking a Portfolio Manager to oversee insurer panel performance across regions, lead reviews, and drive strategic recommendations for panel composition and optimization. The role involves handling RFPs, analysing data, and coordinating with finance on budgeting and invoicing.

You will build relationships with internal stakeholders and insurers, maintain FINMAR contracts, and contribute to strategic FINMAR initiatives within a global, collaborative team. Hybrid working options are offered.

Responsibilities

  • Oversight and responsibility of the performance and composition of the insurer base for the panels in one or more geographical regions.
  • Lead periodic panel performance reviews, using data, market insight and broker feedback to drive strategic recommendations on panel composition, insurer participation and portfolio optimisation.
  • Lead RFPs for your panels, evaluating insurer appointments and ensuring our processes and approach is best practice / fit for purpose.
  • Analyse data and use trading and market insights to understand and provide subject matter expertise on the overall health of the panel and its individual insurers.
  • Monitor insurer service levels, identifying the drivers of any underperformance.
  • Ownership of panel financial performance, including budgeting, revenue forecasting, accrual oversight and coordination with finance teams to ensure accurate reporting and invoicing.
  • Build and maintain effective relationships with a variety of internal stakeholders and insurers and insurer prospects where appropriate.
  • Overall responsibility for the FINMAR contracts for your panels, working closely with group legal and the insurers.
  • Any other duties commensurate with position or level of responsibility.

Tools

Power BI

Job description

WTW is seeking a Portfolio Manager to oversee insurer panel performance across regions, lead reviews, and drive strategic recommendations for panel composition and optimization. The role involves handling RFPs, analysing data, and coordinating with finance on budgeting and invoicing.

You will build relationships with internal stakeholders and insurers, maintain FINMAR contracts, and contribute to strategic FINMAR initiatives within a global, collaborative team. Hybrid working options are offered.

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