Risk Benefits Consultant

WTW; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading insurance advisory firm seeks a Risk Consultant to join their team. The role involves providing strategic consultative advice on Employee Benefits and managing relationships with clients. Ideal candidates will have strong knowledge of group risk policies and negotiation skills, along with relevant qualifications like GR1.

Qualifications

• Comprehensive technical knowledge in Employee Benefits.
• Experience with group risk policies and healthcare policies preferred.
• Ability to work with minimal supervision.

Responsibilities

• Provide strategic consultative advice and manage client relationships.
• Plan and organize renewals, design benefits, and liaise with providers.
• Update knowledge of legislation and maintain quality control.

Skills

Negotiation

Written communication

Oral communication

Organizational skills

Initiative

Attention to detail

Education

GR1 qualification (ideally)

IF7 qualification (advantageous)

Tools

Microsoft Office

Job description

Great opportunity to join our the risk consulting team. This team deals with all aspects of group insurance from market broking exercises to ongoing day-to-day administration and consulting of client arrangements, including enquiries in respect of renewals, funding, underwriting and benefits. The team primarily covers registered and excepted group life assurance, death-in-service pensions, group income protection, critical illness, spouse/partner life assurance coverages and policies placed via the Lloyd's market, as well as additional health related insurances.

The Role

To work with WTW Consultants and its clients’ on the provision and selection of risk and other health related insurances.

• Provide strategic consultative advice to clients around the design, delivery and ongoing management of their benefit programmes, working with other consultants within the team.
• Proactively update own knowledge of changes in legislation through talking to other associates and reading appropriate news briefs/publications. Apply this knowledge to day-to-day work.
• Manage providers for own client base using negotiation and influencing skills as appropriate.
• Servicing, consulting with and retaining existing clients with a high level of service and credibility.
• Plan and organise renewals.
• Design and redesign of benefits.
• Liaise with providers and insurers for information.
• Assist with re-broking exercises, analysis and verification of providers' contract terms.
• Deal with queries from clients.
• Maintain quality control procedures.

Qualifications

The Requirements:

• Comprehensive and up-to-date technical knowledge and practical experience in the areas of Employee Benefits.
• Excellent grounding in group risk policies and providers (ideally supported by GR1 qualification), with experience of healthcare policies and providers (ideally supported by IF7 qualification) being seen as advantageous, but not essential.
• Good standard of written and oral communication.
• The ability to work with minimum supervision and within cross-disciplinary teams.
• Computer literacy of Microsoft Office software, in particular Word, Excel and PowerPoint.
• Able to learn quickly, use own initiative and organise own workload effectively.
• Able to work quickly, but accurately in a professional environment.
• An understanding and appreciation of broader employee health issues would be an advantage, as would experiece of International coverage, wellbeing and technology platforms, all of which are key aspects to future progression.

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.