Financial Institutions Broker - London, United Kingdom - WTW

WTW
WTW
Verified Company
London, United Kingdom

1 month ago

Tom O´Connor

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Tom O´Connor

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Description

The Role
The role is for an Divisional Director 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 timeframes
  • 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 daytoday management and administration of the client portfolio, including issuing midterm 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

Responsibilities

  • 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 facetoface and telephone contact with clients and Underwriters
  • Problem solving and decisionmaking skills essential
  • Excellent communication (written, verbal, oral & presentation) skills and interpersonal skills essential
  • Must be able to work in a fastpaced and dynamic team environment where lateral thinking, initiative, selfmotivation and decisionmaking skills are crucial
**WTW is an Equal Opportunities Employer

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