Commercial Insurance Broker

WTW

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profile Job Location:

London - UK

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Description

FINEX a dynamic global division within Willis Towers Watson specialises in financial executive and professional risk solutions for clients ranging from mid-market firms to large multinational organisations across diverse industries.

This role offers the opportunity to manage a portfolio of US-listed and US-domiciled clients focusing on retention new business development and strategic placements. You will collaborate across teams and with underwriters to deliver market-leading solutions ideally bringing experience in client servicing and Directors & Officers Liability insurance placement.

The Role:

Client Relationship Management:

  • Understand the clients business and risk management needs and look for solutions to deliver those needs through the provision of ongoing service

  • Proactively maintain strong relationships with internal and external clients

  • Collaborate with colleagues to develop account service strategies for individual clients in line with BU process

  • Draw on expertise of specialist technical teams within the BU and across the Group for clients as required

  • Support senior colleagues to determine appropriate solutions structure price and placement strategies that meet the clients needs and deliver profitable business for a range of clients

  • Lead and support on individual client programs where appropriate

  • Grow existing portfolio by identifying new and/or existing opportunities

Broking:

  • Responsible for supporting the drive of the sales process and business area practice activity in relation to winning retaining and developing profitable new clients with a focus on US domiciled and US listed clients.

  • Gather information to understand a client# or prospects business situations opportunities problems and key issues

  • Manage relationships and negotiate placement with the insurance market

  • Prepare client and prospect presentations considering the impact of client profitability

  • Collaborate with colleagues to determine appropriate solutions and structuring and pricing the deal

  • Identify appropriate markets and determine placing strategy

  • Create and grow relationships with underwriters in London and international markets

  • Ensure ongoing compliance with Willis Towers Watson guidelines and procedures.

Placement Management:

  • Work with senior colleagues to develop service plans that define the engagement and timing of engagement with the client

  • Understand apply and where necessary explain the BU policies and procedures and manage compliant processing of contracts as per FCA and contract certainty requirements

  • Deliver high levels of the end-to-end ongoing client service adhering to standardised policies procedures and service standards

  • Support the BU in accurate budgeting forecasting and tracking of revenue

  • Communicate effectively with clients associates markets and others where appropriate to maximise service delivery levels

  • Manage KPIs/SLAs to ensure targets are met

Other:

  • Share knowledge with colleagues to help drive a culture of collaboration and development

  • Contribute towards an environment that promotes respect for the individual employee by adhering to the policies and guidelines of the company

  • Support management and Willis Towers Watson in the management of risks applicable to BU

  • Any other duties commensurate with position or level of responsibility

  • Maintain relevant qualifications required for the role



Qualifications

What youll bring

  • Knowledge of Directors & Officers insurance essential

  • Preferably ACII qualified working towards or interest in completing the ACII qualification

  • Ability to adapt personal style to work effectively with a wide range of clients colleagues and underwriters and must be able to forge links between broking and client servicing teams

  • Good communication negotiation and interpersonal skills as well as the ability to be flexible and innovative

  • Proven track record of high levels of client service

  • Practical knowledge of supporting account development and the appropriate tools to achieve this aim

  • Experience in pricing and designing conceptual programmes in conjunction with client teams

  • Experience of working with and adhering to processes and systems to support client service delivery

  • Comfortable explaining complex concepts and making recommendations to clients/client servicing teams

  • Excellent presentation abilities

  • Ability to assimilate and apply large volumes of information rapidly

  • Ability to work both independently and as part of a wider team

  • Able to prioritise manage deadlines and work under pressure

  • Proficient computer skills relevant to Microsoft Office Outlook and web-based applications

  • Must be prepared to work with integrity and openness complying at all times with FCA requirements.

  • Ability to represent FINEX and Willis Towers Watson with integrity and credibility

What we offer

Enjoy a benefits package designed to help you thrive both professionally and personally. Youll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare life insurance group income protection and regular health assessments all giving you peace of mind. Secure your future with our defined contribution pension scheme featuring matched contributions up to 10% from the company.

We support your growth and balance with hybrid working options access to an employee assistance programme and a fully paid volunteer day to make a difference in your community. On top of these you can opt into a variety of additional perks including an electric vehicle car scheme share scheme cycle-to-work programme dental and optical cover critical illness protection and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

Equal Opportunity Employer

Were committed to equal employment opportunity and provide application interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers from the application process through to joining WTW please



DescriptionFINEX a dynamic global division within Willis Towers Watson specialises in financial executive and professional risk solutions for clients ranging from mid-market firms to large multinational organisations across diverse industries.This role offers the opportunity to manage a portfolio of...
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Key Skills

  • Sales Experience
  • Presentation Skills
  • Time Management
  • Customer Service
  • Communication skills
  • Microsoft Outlook
  • Workers' Compensation Law
  • Outside Sales
  • Underwriting
  • Insurance Sales
  • Customer relationship management
  • Phone Etiquette

About Company

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At WTW we provide data-driven, insight-led solutions in the areas of people, risk and capital.

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