At a Glance
- Tasks: Drive business growth and develop bespoke client solutions in reinsurance.
- Company: Join Willis Re, a leader in innovative risk transfer solutions.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic team culture focused on collaboration and innovation.
- Why this job: Make an impact in the reinsurance industry with cutting-edge analytics and strong client relationships.
- Qualifications: Experience in reinsurance broking and excellent negotiation skills required.
The predicted salary is between 60000 - 80000 £ per year.
This role is a key contributor to the strategic growth and operational excellence of Willis Re’s business. The role will assist with placement strategies and drive business development initiatives while ensuring compliance and profitability.
Role Responsibilities
- Serve as a point of contact for key clients, ensuring high levels of service and responsiveness.
- Conduct strategic reviews, renewal planning, and risk advisory sessions with clients.
- Identify cross-selling and upselling opportunities across Willis Re’s portfolio.
- Analyse underwriting data and develop market knowledge to inform placement strategies.
- Collaborate with actuarial and analytics teams to assess portfolio performance and identify growth opportunities.
- Assist with the structuring, negotiation, and placement of reinsurance programmes by developing bespoke client solutions.
- Grow and maintain strong relationships with global reinsurers to secure optimal terms and capacity.
- Ensure all placements and documentation meet internal quality standards and regulatory requirements.
Required Skills & Qualifications
- Previous proven reinsurance broking experience.
- Strong understanding of reinsurance structures.
- Advanced negotiation skills and deep market relationships with global reinsurers.
- Excellent communication, presentation, and client‐facing skills.
- Ability to manage complex placements under tight timelines.
- Degree in Business, Finance, Risk Management, or related field; professional designations (e.g., ACII) beneficial.
Willis Re is committed to embracing a diverse, inclusive, and flexible work environment. We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation, or any other legally protected categories.
Placing Broker in London employer: Willis Re Bermuda
Willis Re is an exceptional employer that prioritises a diverse and inclusive work environment, fostering a culture of collaboration and innovation in the heart of London. Employees benefit from robust professional development opportunities, cutting-edge analytical resources, and a commitment to delivering high-quality service to clients, making it an ideal place for those seeking meaningful and rewarding careers in reinsurance broking.
StudySmarter Expert Advice🤫
We think this is how you could land Placing Broker in London
✨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 Bermuda). 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 Bermuda. 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 Placing Broker in London
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 Bermuda.
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 Bermuda. 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 Bermuda
✨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 Bermuda 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 Bermuda, 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 Bermuda'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.
