Lead/senior Associate - London, United Kingdom - WTW

WTW

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The role

A role for a Lead/Senior Associate has arisen for an enthusiastic self-motivated individual to join our Financial Institutions' Political Risk & Structured Credit team which forms part of the Financial Solutions (FS) global line of business.

This role will involve co-ordinating and contributing to the marketing and negotiation of business within the Lloyd's and Company Markets on a day-to-day basis for various clients.

Responsibilities
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Broking

Execute placements from Non-Binding Indication to confirmation of cover for a large variety of deals
Binding transactions for clients across multiple products including Political Risk, Comprehensive Non-Payment (Contract Frustration/Credit) and Pre & Post Shipment

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Client/Network Engagement

Putting together market submissions and understanding clients' needs, and summarising market feedback accordingly
Developing new and existing clients, guiding them through the process from initial meetings and engagements to binding first policies
Structuring solutions for clients trading and investing in both OECD and developing economies
Preparation for market presentations to ensure client's requirements best presented
Work with multiple stakeholders on projects within FS as and when appropriate

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Operational / Portfolio Management

Slips, endorsements and processing (new policies and regular endorsements)
Updating the relevant monitoring tools/spreadsheets (premium/brokerage)
Working with the accounts team to ensure timely production of invoices
Assisting with claims as and when required

Responsible for working in accordance with the WTW Client Excellence Model, and compliance with the WTW policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company

Requirements:

Your skills and qualifications will include:

Experience in the Political Risk Insurance Market, and/or trade finance industry including exposure to Political and Credit risks, graduates with a strong willingness to learn also welcome to apply
Sound understanding of London insurance market dynamics and core processes
Develop/Establish relationships with underwriters, both Lloyd's and company markets
Exposure to wording negotiations
Effective communication and presentation skills
Experience of managing effective client relationships
Ability to interpret and use data optimally
Good understanding of compliance and FCA regulation
Willingness to work towards ACII qualification within a reasonable time frame (if applicable)
Highly organised and attention to detail
Good use of Microsoft Excel, PowerPoint, Word
Foreign language(s) a plus but not a must

**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