At a Glance
- Tasks: Manage and develop relationships with marine and non-marine reinsurance clients in Asia.
- Company: Join a leading reinsurance firm with a commitment to diversity and inclusion.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic team atmosphere with opportunities for innovation and growth.
- Why this job: Make an impact in the reinsurance market while growing your career.
- Qualifications: Degree and proven experience in Reinsurance Broking or Underwriting required.
The predicted salary is between 50000 - 70000 £ per year.
Responsible for Marine and Non-marine reinsurance clients and prospects in Asia with accountability for retention of clients and new business development. Will manage and develop client and Willis Re relationships, grow portfolio within Marine and Non-marine, and be responsible for targeting and converting prospects.
Responsibilities
- Ability to understand a client or prospect’s business, situations, opportunities, problems, and key issues.
- Ability to manage relationships and negotiate placement with the reinsurance market.
- Prepare client and prospect presentations considering the impact of client profitability.
- Work with account executives and associated teams in determining appropriate solutions and structuring and pricing the deal.
- Identify appropriate markets and determine placing strategy.
- Create and grow relationships with underwriters in London and international markets.
- Experience in pricing and designing conceptual programmes.
- Ensure ongoing compliance with internal guidelines and procedures.
- Provide technical, industry and subject matter expertise where required.
Required Skills and Experience
- Degree, ACII or equivalent qualifications.
- A proven track record in Reinsurance Broking or Underwriting.
- A good knowledge of the Reinsurance market in Asia.
- Good communication, negotiation, and interpersonal skills.
- Excellent technical skills.
- Good presentation abilities.
- Ability to assimilate and apply large volumes of information rapidly.
- Negotiation skills coupled with the ability to be flexible and innovative.
- Ability to work both independently and as part of a wider team.
- Ability to prioritise, manage deadlines and work under pressure.
- Comfortable explaining complex concepts and making recommendations to clients/client servicing teams.
- Must be able to forge links between broking and client servicing teams.
- Ability to adapt personal style to work effectively with a wide range of clients, colleagues and underwriters.
- Must be prepared to work with integrity and openness, always complying with FCA requirements.
- Good IT skills with excellent Excel usage capability.
Broker employer: Willis Re (UK) Limited
As a leading player in the reinsurance market, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our Brokers to excel. Located in Asia, our company offers unparalleled opportunities for professional growth, with access to a diverse client base and the chance to build meaningful relationships within the industry. We are committed to supporting our employees' development through ongoing training and mentorship, ensuring that you can thrive in your career while making a significant impact in the reinsurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Broker
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join online forums. The more people you know in the reinsurance world, the better your chances of landing that dream broker role.
✨Tip Number 2
Showcase your expertise! Prepare a killer presentation that highlights your understanding of marine and non-marine reinsurance. Tailor it to potential clients or employers, demonstrating how you can solve their problems and add value.
✨Tip Number 3
Practice your negotiation skills! Role-play scenarios with friends or colleagues to get comfortable discussing terms and pricing. Remember, being flexible and innovative in negotiations can set you apart from the competition.
✨Tip Number 4
Apply through our website! We love seeing candidates who are proactive. Make sure to highlight your relevant experience and skills in your application, and don’t hesitate to follow up if you haven’t heard back!
We think you need these skills to ace Broker
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Broker role. Highlight your experience in reinsurance, especially in the Asia market, and showcase how your skills align with our needs at StudySmarter.
Showcase Your Communication Skills:Since this role involves a lot of client interaction, emphasise your communication and negotiation skills. Use examples from your past experiences where you successfully managed relationships or presented complex concepts.
Demonstrate Your Technical Expertise:We want to see your technical skills shine! Include any relevant qualifications like ACII and detail your experience with pricing and structuring deals. This will show us you’re ready to hit the ground running.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Willis Re (UK) Limited
✨Know Your Market
Before the interview, dive deep into the reinsurance market in Asia. Understand current trends, key players, and recent developments. This knowledge will not only impress your interviewers but also help you articulate how you can contribute to their business.
✨Showcase Your Relationship Skills
Prepare examples of how you've successfully managed client relationships in the past. Be ready to discuss specific situations where your negotiation skills made a difference. This will demonstrate your ability to forge strong links between broking and client servicing teams.
✨Present with Confidence
Since you'll be preparing client presentations, practice delivering complex concepts clearly and confidently. Use visuals if possible, and be prepared to answer questions. This will show that you can effectively communicate with clients and colleagues alike.
✨Demonstrate Flexibility and Innovation
Think of instances where you had to adapt your approach or come up with innovative solutions under pressure. Highlighting these experiences will showcase your ability to think on your feet and tailor your style to different clients and situations.
