Job Information
WTW Broker in London, United Kingdom
The Role
Ability to understand a client or prospect’s business, situations, opportunities, problems, 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 reinsurance market.
Prepare client and prospect presentations considering the impact of client profitability.
Work with other Account Executives and Sales Team in determining appropriate solutions and structuring and pricing the deal.
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.
Identify primary budget holders and judgement makers within clients, establish and maintain active relationships with these people.
Grow existing portfolio by identifying new new, and/or existing opportunities.
Stakeholder Management
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.
The Requirements
Preferably ACII qualified or working towards the ACII qualification.
Preferably fluent in second language
A proven track record in Insurance Broking or Underwriting. A good knowledge of the reinsurance market
Experience across retail, reinsurance, and 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:
Broking Platform / PPL / FMA
MS Office
Power BI
PQ / RIC
WTW
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