At a Glance
- Tasks: Support brokers with renewals, placements, and client servicing activities.
- Company: Join a leading reinsurance firm focused on innovation and analytics.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to build relationships and grow in a fast-paced industry.
- Why this job: Be part of a team that shapes the future of reinsurance with cutting-edge solutions.
- Qualifications: Experience in insurance or reinsurance broking and strong organisational skills.
The predicted salary is between 40500 - 49500 £ per year.
Key Responsibilities
- Support brokers with renewals, placements, and client servicing activities.
- Prepare contracts, endorsements, presentations, and market documentation.
- Liaise with clients, reinsurers, and internal teams to ensure smooth account management.
- Proactively build close relationships with clients and markets.
- Monitor placement progress and maintain accurate records and systems.
- Assist with production initiative and reporting.
- Coordinate and build close relationships with claims, accounting, and compliance teams.
Key Skills & Experience
- Previous experience within insurance or reinsurance broking/account management.
- Strong organisational skills and attention to detail.
- Excellent communication and relationship management skills.
- Ability to manage multiple deadlines in a fast-paced environment.
- Proficiency in Microsoft Office.
Desirable Skills & Experience
- Knowledge of London Market processes and systems.
- Familiarity with Property proportional and non-proportional treaty structures.
- Experience handling multinational or complex reinsurance programmes.
- Understanding of bordereaux, premium settlements, and claims reporting.
Broker Support employer: Willis Re
Willis Re is an exceptional employer that prioritises employee growth and development within a dynamic and innovative work culture. Located in the heart of London, we offer our team members access to cutting-edge analytical tools and a collaborative environment that fosters strong relationships with clients and markets. With a focus on transparency and outcome-driven results, employees can expect meaningful contributions to the reinsurance industry while enjoying a supportive atmosphere that encourages professional advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Broker Support
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Willis Re). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Willis Re. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Broker Support
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Willis Re.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Willis Re. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Willis Re
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Willis Re to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Willis Re, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Willis Re's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
