Broker Credit & Political Risk Insurance

Description

The role is for a Broker within the Credit Risk Solutions team part of the Credit Risk Solutions (CRS) global business. The position focuses on coordinating marketing and negotiating insurance business in the London market for a variety of clients on a daily basis.

The Credit Risk Solutions team is a market leader in Political Risk and Credit with a global presence in London New York and Singapore. It serves a diverse client base including corporations banks funds traders and export credit agencies. The team specializes in structuring complex deals that help clients operate and invest in challenging international markets.

With a broad global portfolio across industries such as renewable energy manufacturing defence aviation technology and natural resources the team encourages brokers to work across multiple sectors rather than specialize narrowly. This approach supports professional growth skill development and career advancement.

The Role:

Some of your key responsibilities will involve:

• Broking
  • Execute placements from Non-Binding Indication to confirmation of cover for a large variety of deals
  • Binding transactions for clients across multiple products including Political Risk Comprehensive Non Payment (Contract Frustration/Credit) and Pre & Post Shipment
• Client/Network Engagement
  • General support to clients by email telephone and face to face meetings as required;
  • Putting together market submissions and understanding clients needs and summarising market feedback accordingly;
  • Developing new and existing clients guiding them through the process from initial meetings and engagements to binding first policies;
  • Structuring solutions for clients trading and investing in both OECD and developing economies;
  • Preparation for market presentations to ensure clients requirements best presented;
  • Work with multiple stakeholders on projects within FS as and when appropriate.
• Operational / Portfolio Management
  • Slips endorsements and processing (new policies and regular endorsements);
  • Updating therelevant monitoring tools/spreadsheets (premium/brokerage);
  • Working with the accounts team to ensure timely production of invoices;
  • Assisting with claims as and when required;
  • Responsible for working in accordance with the WTW Client Excellence Model and compliance with the WTW policies including participation in the management of risks (including completion of mandatory training) that may adversely affect the business interests or reputation of any Group Company.

Reporting

The role will be reporting to Senior Director Credit and Political Risks.

Qualifications

What youll bring

• Eagerness willingness to learn

• Role would suit someone who prefers working in a high performing team environment rather than as an individual contributor.

• Understanding of insurance market dynamics and core processes;

• Develop/Establish relationships with underwriters both Lloyds and company markets;

• Exposure to wording negotiations;

• Effective communication and presentation skills;

• Experience of managing effective client relationships;

• Ability to interpret and use data optimally;

• Good understanding of compliance and applicable regulation;

• Highly organized and attention to detail;

• Good use of Microsoft Excel PowerPoint Word;

• Foreign language(s) a plus but not a must.

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

Employment Type : Full-Time
Experience: years
Vacancy: 1