WTW Jobs

The role

A role for a Broker has arisen for an enthusiastic self-motivated individual to join our Financial Institutions’ Political Risk & Structured Credit team which forms part of the Financial Solutions (FS) global line of business. The role will be reporting to Executive Director, Credit and Political Risks.

The successful candidate will involve co-ordinating and contributing to the marketing and negotiation of business within the London Markets on a day-to-day basis for various clients. As part of the team, 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 client’s 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 the relevant 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.

The Requirements

• All inclusive experience in the Political Risk Insurance Market, and/or trade finance industry including exposure to Political and Credit risks, graduates with a high commitment and willingness to learn are also welcome to apply.

• Understanding of insurance market dynamics and core processes.

• Develop/Establish relationships with underwriters, both Lloyd’s 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 organised and attention to detail.

• Effective use of Microsoft Excel, PowerPoint, Word.

• Foreign language(s) particularly French and/or Spanish would be an advantage.

Financial Solutions (FS)

Financial Solutions is an integral part of WTW’s global broking strategy. It provides colleagues from across the WTW network with access to specialist brokers and client managers, dedicated client solutions and thought leadership, and significant global insurance capacity.

FS works with network colleagues to deliver market-leading solutions to WTW clients, creating a competitive advantage in our placement strategies worldwide.

About the team

FS’ Political Risk & Structured Credit team is made up of highly motivated recognised market leaders within the Political Risk and Credit market. Based in London, NY and Singapore, the team is responsible for servicing WTW’s global network & clients including corporates, export credit agencies, traders and financial institutions (banks and funds) among others. The team has extensive experience structuring large complex placements to enhance clients’ abilities to invest, operate and trade in a portfolio of challenging countries.

Our book of business has a global footprint, offering complex solutions to all clients across industry sectors including Renewable Power, Manufacturing, Defence, Aviation, Technology and Oil and Gas and Natural Resources. We also focus on other niche sectors. We encourage all brokers to be involved across the whole portfolio rather than to fully specialise on one particular product or client type. This in turn promotes growth, development and elevated career paths.

Equal Opportunity Employer

WTW are an inclusive employer and welcome applications from people of all backgrounds and abilities. Please let us know if you require reasonable accommodation or support during any stage of the recruitment process and we will do our upmost to accommodate you.