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Global Benefits Financing Director

2 weeks ago

London, Greater London, United Kingdom WTW External Careers Site Full time £60,000 - £120,000 per year

We are recruiting for a Global Benefits Financing Director in our market-leading Integrated & Global Solutions (IGS) business based in the UK. This is a fantastic opportunity to join a large, diverse and successful team advising multinational clients on all aspects of global benefits strategy, but with a particular focus on Global Benefits Financing Solutions – i.e. Captives, Multinational Pooling, Global Underwriting and bespoke financing solutions. 

The WTW IGS business has an enviable client portfolio that focuses on multi-national companies across all sectors, including Financial Services, Oil & Gas/Natural Resources, Retail, Media, Pharmaceutical, Construction and Engineering, Transport and Manufacturing. Multinational companies face a variety of different business, cultural, language and regulatory environments. Our IGS team helps these companies navigate these strategic and operational challenges in relation to pensions, benefits and employment structures. We advise multinational companies on certain specialist topics where IGS has unique experience, and we also act as a single point of contact to help solve client questions where we draw on the expertise of all our colleagues from around the world

This role will entail developing relationships, new business opportunities and providing market leading consulting advice to the Headquarters Risk, HR and Finance teams of our multinational clients as it relates to the management of global employee benefits programs.  In particular you will focus on the sales and delivery of global benefits financing/risk management and general benefits consulting projects to the headquarters.   
 

The Role

  • Work in diverse client teams to either lead the delivery of advice to the headquarters of our multinational clients about their risk benefits financing needs including self-insurance, global underwriting, pooling and employee benefit captive work eg
    • Feasibility studies
    • Implementation of global benefits financing frameworks (eg. pooling or captive solutions)
    • Day to day support and annual management activities for established benefit financing clients
    • Coordination of support to local client operations
    • Management of providers/vendors (brokers, insurers, administrators etc).
    • Special projects to serve specific client needs
  • Support the Benefits Financing Solution by developing intellectual capital, solutions and research (eg Network research, consulting capabilities) and innovative client solutions collaborating with colleagues across different businesses as needed.
  • Support and / or lead the development of new business opportunities, including participating in RFP responses. Take the lead, or actively support on all stages of the pursuit, from initial client conversation through to scoping tailored proposals
  • As needed, oversee the coordination and project management of other complex multi-country projects such as global healthcare & wellbeing, global benefits management, global benefits benchmarking and governance. 
  • Ensure that wider client team is kept appraised of issues and brought into conversations as necessary.
  • Develop and manage relationships with key buyers at client headquarters.
  • Work with global Client Relationship Directors (CRDs)/key local CRDs and local teams to protect and grow client revenue.
  • Keep abreast of changes in legislation, market practice or otherwise, identification of issues and proactively supporting clients in addressing these.
  • Support the use of WTW technology to help clients to maximize the value from the information collected.
  • Deal with client delivery issues that arise and escalate as appropriate.