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 PlatformProvide 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 RequirementsPreferably ACII qualified or working towards the ACII qualification.Preferably fluent in second languageA proven track record in Insurance Broking or Underwriting. A good knowledge of the reinsurance marketExperience 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 skillsGood 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.
WTW can offer the successful candidate with a fun and engaging environment working with some of the best people in our industry. WTW rewards our colleagues’ efforts with a competitive salary and a very comprehensive benefits package including a generous discretionary bonus, a great pension scheme, healthcare, life assurance, between other benefits.
At WTW, we trust you to know your work and the people, tools, and environment you need to be successful. Most of our colleagues work in a “hybrid” style, with a mix of remote, in-person and in- office interactions dependent on the needs of the team, role, and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution