Willis Re – Broker

Job description

JOB DESCRIPTION

The Company

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com

The Business

Investment, Risk and Reinsurance

Our sophisticated approach to risk helps clients free up capital. We work in close contact with investors, reinsurers, and insurers to manage the equation between risk and return. Blending advanced analytics with deep institutional knowledge, we reveal new opportunities to maximize performance.

The Role

The insurance and re-insurance industries are going through a profound transformations process with evolving and more complex needs to satisfy.

Willis Re , right at the heart of the industry, is dynamically adapting to this challenging environment and actively promoting innovation and excellence in its advisory and transactional role. Here at Willis Re we help our clients in understanding the risks they face to make appropriate decisions and manage them efficiently. Willis Re is looking for an early in career broker to be part of the EMEA W/S team based in London. This role will be focussed 50/50 on UK and European clients, working closely with senior members of the team to support client management, prospection and placement process.

The ideal candidate will have gained some experience in the (Re)insurance industry, whether it is in an insurer, broker or syndicate; experience in both analytical and transactional activities is preferred.

There will be increasing opportunities to travel within the EMEA W/S region.

Major responsibilities:

·  Understand client needs and advise clients on reinsurance purchasing strategies
·  Provide front line client servicing (supply of market information, negotiate amendments/improvements to cover, facilitate client/reinsurer meetings etc)
·  Prepare client and market presentations in Excel, Word and PowerPoint formats and work with colleagues to prepare responses to tenders.
·  Negotiate renewals and endorsements with markets in London and overseas
·  Contribute to reinsurance programme structuring and pricing
·  Ability to engage with Catastrophe Risk Analysts and Actuaries and to demonstrate a level of comfort in discussions on these subjects both internally and with clients
·  Manage client relationships at junior and senior level and negotiate placement with the Reinsurance Market
·  Create and grow relationships with underwriters in London and International Markets.

Minimum Criteria / Skills Required:

·  Developing sales and negotiation skills
·  experience in the (re)insurance industry
·  Good analytical and numerical skills
·  team-player, enthusiastic in supporting a team effort and comfortable that during the initial stages of the role, they will be playing a broadly supporting function
·  Energetic with a strong desire to learn new things
·  Ability to prioritise, work under pressure and meet deadlines
·  Initiative and an eagerness to drive projects to a successful conclusion
·  A willingness to deal with International clients and markets
·  Excellent communication and presentation skills
·  Proficiency in Microsoft Suite: Word, Excel and PowerPoint

Any additional language skills from the EMEA W/S region would be advantageous although not a necessity

Principal Accountabilities:

·  Conduct Risk: To put the interests of clients and the integrity of the market at the heart of the way you do business

What can we offer you?

In return you will be rewarded with a competitive salary and a comprehensive benefits package including; a fantastic pension scheme, life insurance, medical insurance, eye care vouchers and flexible benefits including critical illness cover, dental cover, additional life assurance, childcare vouchers, retail vouchers and many other options and Corporate deals.

Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, colour, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

We are committed to equal employment opportunities at Willis Towers Watson .