Head of Facultative Great Britain
Head of Facultative Great Britain

Head of Facultative Great Britain

London Full-Time 72000 - 108000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead multiple teams in the Facultative sector, driving growth and strategic initiatives.
  • Company: Join WTW, a global leader in risk management and insurance brokerage.
  • Benefits: Enjoy competitive pay, career development opportunities, and a dynamic work environment.
  • Why this job: Shape the future of the industry while making impactful connections and driving innovation.
  • Qualifications: Experience in broking, leadership skills, and a strong understanding of the insurance market required.
  • Other info: This role is based in London and requires an EU work permit.

The predicted salary is between 72000 - 108000 £ per year.

Head of Facultative Great Britain position, overseeing multiple Facultative teams including Property, Casualty/Financial Lines and Construction. The GB Facultative business is focused on serving UK cedants and servicing international business coming into London.

Provide strategic advice to Facultative clients in GB and internationally. Connect with the Global Direct & Facultative Network, providing solutions to cedants and to colleagues who are servicing their cedants. Grow GB Facultative’s book of business. Help develop creative risk solutions for Facultative across multi product lines (Property, Casualty/Financial Lines and Construction). Ownership and management of the GB Facultative annual budget. This role reports directly to the Head of Direct & Facultative Global Line of Business.

The Role:

  • Set growth strategy; spearhead new business opportunities as required.
  • Contribute to the resolution of complex placement and claims matters.
  • Attract top-tier broking talent including senior producing hires.
  • Develop existing talent within the team.
  • Maintain meaningful, senior-level market relationships.
  • Oversee the creation of new products designed to meet existing needs of cedants/evolving exposures.
  • Involvement in industry panels, webinars, social media, etc.
  • Set strategic direction for marketing campaigns, quarterly market updates etc.
  • Set the goals and objectives of the GB Facultative business.
  • Certified Person responsibilities under the SMCR regime.
  • Develop relationships with peers across the Risk & Broking segment.
  • Work collaboratively with all functions including Finance, Operations, Legal, Compliance and HR.
  • Ensure adherence to WTW policies, procedures and all regulatory requirements.

Head of Facultative Great Britain employer: WTW

WTW is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong focus on employee development, we provide ample opportunities for growth and advancement within the industry, alongside competitive benefits and a supportive culture that values diversity and inclusion. Join us to be part of a leading global network, where your contributions will directly impact our clients and the broader market.
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Contact Detail:

WTW Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Facultative Great Britain

✨Tip Number 1

Network actively within the insurance and reinsurance sectors. Attend industry events, webinars, and panels where you can meet key players in the Facultative space. Building relationships with professionals in the field can open doors to opportunities and provide insights into the latest trends.

✨Tip Number 2

Stay updated on market developments and regulatory changes affecting the Facultative business. This knowledge will not only enhance your conversations with potential employers but also demonstrate your commitment to the industry and your ability to navigate its complexities.

✨Tip Number 3

Showcase your leadership skills by engaging in discussions about team development and talent attraction strategies. Highlight any past experiences where you've successfully led teams or implemented growth strategies, as this is crucial for a Head of Facultative role.

✨Tip Number 4

Familiarise yourself with WTW's values and recent initiatives. Tailoring your approach to align with their corporate culture and strategic goals can significantly increase your chances of making a positive impression during interviews.

We think you need these skills to ace Head of Facultative Great Britain

Leadership Skills
Strategic Planning
Market Analysis
Relationship Management
Risk Assessment
Financial Acumen
Negotiation Skills
Team Development
Creative Problem Solving
Regulatory Compliance
Project Management
Communication Skills
Networking Skills
Industry Knowledge in Insurance and Reinsurance

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in managing teams and developing strategic business plans. Emphasise your expertise in Facultative insurance, particularly in Property, Casualty/Financial Lines, and Construction.

Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and how your background aligns with the responsibilities outlined in the job description. Mention specific achievements that demonstrate your ability to grow a book of business and develop talent.

Showcase Industry Knowledge: Demonstrate your understanding of the UK insurance market and the challenges faced by cedants. Reference any relevant industry panels or webinars you have participated in to show your engagement with the sector.

Highlight Leadership Skills: Since this role involves attracting top-tier talent and developing existing team members, be sure to include examples of your leadership style and how you've successfully managed teams in the past.

How to prepare for a job interview at WTW

✨Understand the Role Thoroughly

Before the interview, make sure you have a deep understanding of the Head of Facultative role. Familiarise yourself with the responsibilities, such as overseeing multiple teams and developing creative risk solutions. This will help you articulate how your experience aligns with the job requirements.

✨Showcase Your Strategic Thinking

Be prepared to discuss your approach to setting growth strategies and spearheading new business opportunities. Think of examples from your past experiences where you successfully implemented strategic initiatives, particularly in the insurance or broking sectors.

✨Highlight Relationship Management Skills

This role requires maintaining senior-level market relationships. Be ready to share specific instances where you've built and nurtured professional relationships, especially with clients or stakeholders in the insurance industry.

✨Demonstrate Leadership and Team Development

As a leader, you'll need to attract and develop top-tier talent. Prepare to discuss your leadership style and provide examples of how you've successfully mentored team members or led teams to achieve their goals.

Head of Facultative Great Britain
WTW
Location: London
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  • Head of Facultative Great Britain

    London
    Full-Time
    72000 - 108000 £ / year (est.)
  • W

    WTW

    10000+
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