The Role
Global Programme Renewals
1. Create and agree the annual service plan for each International Client
2. Formulate and agree the renewal data gathering strategy and timeline
3. Provide input into strategy meetings with clients, brokers and insurers
4. Work with insurers and broking teams to establish local and master policy requirements (limits, cover, nuances, where local policies are to be issued
5. Work with insurers to identify local nuances such as tariffs, wording restrictions, local retentions etc.
6. Agree or install KPI's with insurer regarding local policy and certificate issuance, together with premiums collections and cashflow. Reviewing post renewal as part of stewardship meeting
7. Input or production of premium allocations to ensure that these are ; benchmarked with local norms, comply with local tariffs etc.
8. Agree network fees
9. Have responsibility for the communication of group programme to broker network and local client operations (where required)
10. Management of insurers administrations of local policies including:
ensuring instructions sent to local fronting companies in a timely manner, communication to client on status of insurers instructions, monitor status and speed of issuance of local policies and invoices
11. Attend meetings with local brokers and client where required on local and global insurance issues
Local Programme (stand-alone policies/compulsory covers)
12. Communication of group risk purchasing philosophy to local brokers and local client companies (where appropriate)
13. Produce Analysis Report of local policy summaries to ensure: compulsory covers are purchased no duplications with global programme local policies dovetail with global programme adherence to group risk purchasing philosophy compliance with remuneration parameters
14. Work with client and local broker to maximize WTW Global Network appointments on local lines
15. Agree and manage local broker service requirements with client
General Advice
16. Provision of information on admitted/non-admitted, compulsory covers, where local policies required, extent of cover available locally and other regulations and practices.
17. Provide advice to colleagues, prospects and clients on the operation of global programme
18. Advise colleagues, prospects and clients on insurers capabilities to deliver global solutions
19. Be a focal point for knowledge of insurers international expertise and processes