Willis Towers Watson Lead Associate – Broking & Client Servicing Operations in London, United Kingdom

Lead Associate – Broking & Client Servicing Operations

Date Posted: June 19, 2018

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Not ready to Apply? at https://willistowerswatson.avature.net/WTWTalentNetwork

JOB DESCRIPTION

Salary: Highly competitive

Closing Date: 17th July 2018

The Role

Broking (Primary Role)

  • To understand a client or prospect’s business, situations, opportunities, problems and key issues

  • To design programmes , identify appropriate markets and determine placing strategy for US Property, Business Interruption and Non Physical Damage BI Risks

  • Manage relationships and negotiate placement with the use of analytics , ideally with use of AIR and RMS, and have experience in articulating this output to both internal and external stakeholders

  • Apply understanding of primary and secondary modifiers on portfolios and how the absence of those modifiers may affect the resulting Model Sensitivity Analysis with the aim of improving portfolio data

  • Participate in information gathering exercises and peer reviews

  • In depth understanding of catastrophe modelling, specifically how to utilize analytical reports as a broker

  • Including key components of catastrophe models, stochastic events, calculating Average Annual Loss from Event Loss Tables

  • Knowledge of how geocoding works and how to use geospatial tools to more accurately calculate risk

  • Utilise modelling tools including spatial key, NATHAN maps

  • Work closely with UK clients and client service teams to establish broking strategy for renewal and new business

  • Ability to place package and standalone property, casualty, terrorism programmes for UK and International clients

  • Present broking results direct to Real Estate clients

  • Utilise in-house facilities where appropriate and understand the nuances of a facility placement against an open-market placement

  • Work with the Real Estate client team and insurers to build detailed pipeline

  • Establish and place Excess Public Liability programmes for Real Estate clients

Business Development (Primary Role)

  • Responsibility for supporting the drive of the sales process and business area practice activity in relation to winning, retaining and developing profitable new clients

  • Develop and maintain a pipeline of prospects and accurately maintain the CRM database in order to create and convert sales opportunities

  • Respond quickly and accurately to new business introductions

  • Actively identify opportunities to work with colleagues across the business to capitalise on account penetration and cross selling opportunities

  • Develop and maintain knowledge of relevant products and services offered by Willis Towers Watson

  • Gain an understanding about the CoE products lines to be able to talk articulately to colleagues, clients and prospects

Client Relationship Management (Support Role)

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

  • Have a strong interest in US and UK current affairs to facilitate engagement with clients and colleagues

  • Identify analytics as an opportunity to add value to the London process

  • Provide technical, industry and subject matter expertise where required from both a broking and analytical perspective

  • Liaise with clients and build strong relationships

  • Determine appropriate solutions, structure, price and placement strategies that meet the clients’ needs and deliver profitable business for a range of clients

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

Operational and Service Delivery (Support Role)

  • Lead and deliver the end to end ongoing client service, adhering to standardised policies, procedures and service standards

  • Full understanding and experience of PPL in both negotiation and binding

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

  • Deliver high levels of client service in line with standard operating procedures

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

  • Manage KPIs/SLAs to ensure targets are met

The Requirements

  • Graduate level or equivalent

  • Minimum of 1 years’ experience in the insurance industry

  • Relationship management: Customer focus, collaboration and interpersonal skills and conflict management

  • Have a strong interest in US and UK current affairs to facilitate engagement with clients and colleagues

  • Have a high proficiency in the placement of package and standalone for US and UK risks, especially catastrophic exposure territories

  • Business acumen: demonstrates knowledge of industries and clients, carriers and/or markets

  • Knowledge of PPL in placing business into the London marketplace

  • Strong analytical skills, knowledge of how geocoding works and of modelling tools including Spatial Key and NATHAN maps

  • Ability to establish priorities, work independently and proceed with objectives with limited supervision

  • High proficiency in desktop computer applications; MS Excel acumen required

Willis Towers Watson is an equal opportunity employer

Willis Towers Watson believes that effectively managing a diverse workforce is vital to our business strategy. We have an obligation to our organization, ourselves and our clients to hire and develop the best people we can find.

Apply

Not ready to Apply? at https://willistowerswatson.avature.net/WTWTalentNetwork

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JOB SNAPSHOT

  • Location:London, England, GB

  • Date Posted:June 19, 2018