Broker - Motor in London at Willis Towers Watson

Date Posted: 9/17/2017

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    London
  • Experience:
    Not Specified
  • Date Posted:
    9/17/2017

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.
 
Willis Re
 
Willis Re is one of the world’s leading reinsurance advisors. Over our 180-year history, we have developed a deep insight into all aspects of the global insurance industry. In particular, we understand how individual insurance companies develop and drive their own unique strategies to achieve their goals. We have a deep understanding of risk – and all the ways it affects capital and organization’s financial performance. Our core focus is to provide a superior understanding of the risks faced, and then advising on the best ways to manage extreme outcomes.
 
The Role
 
The Willis Re UK team is a recognised market leader in the field of UK Motor business, and the opportunity has recently arisen for someone to join this team. Initially working on providing supporting broking services, the opportunity exists to develop their skills in terms of dealing with clients and reinsurers, and in respect of programme design and technical understanding. Although the focus of the role is specifically directed at the UK motor space, there will be the potential for the right individual to develop a broader range of expertise over time.
 
Major responsibilities: 
  • Assisting with the review and analysis of the underwriting data for Motor renewals.
  • Working with the team’s actuaries to model changes in the account, and to understand and be fully conversant with such analysis.
  • Developing a dialogue with separate clients with a view to becoming a trusted advisor supporting the work of the appropriate account executives.
  • Developing a relationship with the reinsurers active in this market, with a view to becoming a trusted trading partner, and providing marketing support for the appropriate account executives
  • Proactively handling the functionality of the administrative component of the account management with Ipswich and other internal stakeholders
  • Preparing and delivering client and market related documents and reports relating to the Motor account, such as renewal debriefs for individual clients, and market reports
 
Minimum Criteria / Skills Required: 
  • Needs to be keen to develop a deep understanding of this particular area of the market, and to be prepared to devote whatever time and energy is required to do so.
  • Needs to be mathematically competent to lead discussions with the team actuarial resource
  • Needs to be expert in Excel spreadsheet functionality and comfortable with dealing with large workbooks of data.
  • Needs good written and verbal articulacy skills, for report writing and presentation/communication with clients and reinsurers.
  • Needs to be a 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.
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.