We are currently seeking a full-time Senior Casualty Broker to help lead build out of our Casualty offering within Structured Risk. The successful candidate will ultimately take responsibility for handling and oversight of an existing portfolio of material sized placements and will be expected to take on various responsibilities, including new business development, development of client retention strategies and relationship management (internally across WTW and externally).
We expect the candidate to be heavily involved in business planning and will look for them to work with the existing team to help continue shape an overall Global Strategy for group.
The remit is broad and will span across both Insurance and Reinsurance Lines of Business covering Large and Complex single risk, Facilities and Reinsurance (Proportional, and Non-Proportional).
The Role
1. Ability to understand a client or prospect’s business, situations, opportunities, problems, and key issues.
2. Ability to manage relationships and negotiate placement with the (re)insurance market.
3. Prepare client and prospect presentations considering the impact of client profitability.
4. Work with Client Relationship Directors, Account Executives, Brokers, Sales and Marketing teams in determining appropriate solutions and structuring and pricing deals.
5. Identify appropriate markets and determine placement strategy.
6. Create and grow relationships with underwriters in London and international re(insurance) markets.
7. Experience in pricing and design of conceptual programmes for RFP’s.
8. Participate in information gathering exercises and ad-hoc market analysis.
9. Ensure ongoing compliance with WTW guidelines and procedures.
10. Ensure good relationships and communication with other WTW colleagues.
11. A thorough understanding and an expert real time user for all relevant systems.