Senior Associate
1 month ago
The role is for a Lead Associate Broker within our Financial Solutions Credit & Political Risk team, based in London. This role will involve working in a team focussing on a broad base of UK and International financial institution clients.
Duties and responsibilities will include but not be limited to:
- Liaising with clients on new transactions, drafting of term sheets and broking risks to Lloyd’s syndicates and Company markets
- Providing clear, timely and accurate communications between clients and markets whilst working to tight deadlines
- Working with current clients to review their existing programmes and wordings, presenting possible improvements, solutions and enhancing client outcomes
- Working with prospective and new clients to develop their insurance buying strategy, presenting this alongside clients to the markets as well as internal stakeholders
- Negotiation of policy wordings and premium schedules
- Assist with the day-to-day management and administration of the client portfolio, including issuing mid-term adjustments and amendments.
- Offer assistance and advice to team members as required
- Assist with the execution of the FI strategy working in collaboration with the other FI teams as well as external stakeholders
**Requirements**:
- Educated to degree level. ACII qualification preferable but not essential
- Ability to speak a second language preferable but not essential
- Knowledge of Non-Payment Insurance and bank loan facilities and existing market experience in this class
- Be able to assist in preparation of proposals and presentations using marketing resources, practice groups and other producers
- Working knowledge of Market Reform Contracts
- Attention to detail
- Ability to work under pressure to tight deadlines
- Be able to maintain face-to-face and telephone contact with clients and Underwriters
- Problem solving and decision-making skills essential
- Excellent communication (written, verbal, oral & presentation) skills and interpersonal skills essential
- Must be able to work in a fast-paced and dynamic team environment where lateral thinking, initiative, self-motivation and decision-making skills are crucial
**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
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