Risk Management Specialist

3 weeks ago


Leeds, Leeds, United Kingdom WTW Full time
Role Overview

We are seeking an experienced Business Interruption Consultant to join our team at WTW. This is a home-based role with travel to clients and prospects throughout the United Kingdom and occasionally overseas.

Main Responsibilities
  • Deliver pre-loss Property Damage Business Interruption (PDBI) reviews to clients, providing a clear understanding of their potential financial exposures in the event of a loss.
  • Assess business activities, inter-dependencies, logistics, supply chains, recovery timeframes, and business continuity plans, as well as consider adequacy of indemnity periods, trading losses related to reduced capacity or efficiency, Maximum Foreseeable Loss (MFL), Estimated Maximum Loss (EML), Normal Loss Expectancy (NLE), Insurable Gross Profit, Increased Cost of Working (ICOW), and Additional Increased Cost of Working (AICOW).
  • Facilitate workshop exercises and provide expert advice on BI insurance.
  • Work with GB Retail clients to identify and evaluate their BI exposures and provide constructive challenge where required.
  • Identify sales opportunities and revenue generation in line with GB Retail budget requirements.
Requirements
  • Expert knowledge in risk management, business continuity, and BI insurance.
  • Ability to work independently and collaboratively within a team.
  • Strong communication and interpersonal skills.
  • Up-to-date knowledge of changing BI and claims methodologies.
Compensation and Benefits

The estimated salary for this role is £60,000 - £80,000 per annum, depending on experience. Benefits include a competitive pension scheme, flexible working arrangements, and professional development opportunities.



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