We are currently seeking a full-time Senior Casualty Broker to help lead build out of our Casualty offering within Structured Risk. The successful candidate will ultimately take responsibility for handling and oversight of an existing portfolio of material sized placements and will be expected to take on various responsibilities, including new business development, development of client retention strategies and relationship management (internally across WTW and externally). We expect the candidate to be heavily involved in business planning and will look for them to work with the existing team to help continue shape an overall Global Strategy for group. The remit is broad and will span across both Insurance and Reinsurance Lines of Business covering Large and Complex single risk, Facilities and Reinsurance (Proportional, and Non-Proportional). The Role
Ability to understand a client or prospect's business, situations, opportunities, problems, and key issues.
Ability to manage relationships and negotiate placement with the (re)insurance market.
Prepare client and prospect presentations considering the impact of client profitability.
Work with Client Relationship Directors, Account Executives, Brokers, Sales and Marketing teams in determining appropriate solutions and structuring and pricing deals.
Identify appropriate markets and determine placement strategy.
Create and grow relationships with underwriters in London and international re(insurance) markets.
Experience in pricing and design of conceptual programmes for RFP's.
Participate in information gathering exercises and ad-hoc market analysis.
Ensure ongoing compliance with WTW guidelines and procedures.
Ensure good relationships and communication with other WTW colleagues.
A thorough understanding and an expert real time user for all relevant systems.
The Requirements
Preferably ACII qualified or working towards the ACII qualification.
A proven track record in (Re)insurance Broking or Underwriting is essential.
A good knowledge of the (Re)insurance market in order to address client and technical issues.
Good communication, negotiation, and interpersonal skills.
Excellent technical skills.
Good presentation abilities.
Ability to assimilate and apply large volumes of data and information and draw conclusions.
Negotiation skills coupled with the ability to be flexible and innovative.
Ability to work both independently and as part of a wider team.
Able to prioritise, manage deadlines and work under pressure.
Operates with a sense of urgency and client first attitude at all times.
Comfortable explaining complex ideas and making recommendations to clients/client servicing teams/internal stakeholders.
Able to forge links between broking and client servicing teams.
Flexibility to adapt personal style to work effectively with a wide range of clients, colleagues, and underwriters.
Must be prepared to work with integrity and openness, complying at all times with FCA requirements.
Good IT skills with excellent Excel usage capability
Strong quantitative background preferred i.e. Maths, Economics, Statistics.
Reinsurance experience across Proportional and Non-Proportional lines desirable but not essential.
Equal Opportunity Employer At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a "hybrid" style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and "hybrid" is not a one-size-fits-all solution.
