At a Glance
- Tasks: Support brokers in managing Property Treaty reinsurance placements and renewals.
- Company: Join Willis Re, a leader in innovative reinsurance solutions.
- Benefits: Diverse and inclusive work environment with growth opportunities.
- Other info: Collaborate with industry experts and enhance your career in a dynamic setting.
- Why this job: Make an impact in a fast-paced London Market while developing your skills.
- Qualifications: Previous experience in insurance or reinsurance broking is essential.
The predicted salary is between 40500 - 49500 £ per year.
- Broker Technician
- Broking & Production Team
The Role
- We are seeking an Broker Technician professional to join our Property Treaty Reinsurance team.
This role will support brokers across the full placement and renewal lifecycle, working closely with clients, reinsurers and internal stakeholders to deliver a high level of service and operational excellence.
- The successful candidate will have prior insurance or reinsurance broking experience and be comfortable operating within a fast-paced London Market environment.
Please note, this is not an entry-level position and requires previous experience within insurance or reinsurance broking.
Key Responsibilities
- Support brokers with the placement, renewal and servicing of Property Treaty reinsurance programmes.
- Prepare and review contracts, endorsements, presentations, slips and market documentation.
- Liaise directly with clients, reinsurers and internal stakeholders to ensure the efficient management of accounts and placements.
- Develop and maintain strong working relationships with clients and market contacts.
- Monitor placement progress and ensure all activity is accurately recorded within relevant systems.
- Assist with production initiatives, reporting requirements and portfolio management activities.
- Work closely with claims, accounting and compliance teams to ensure seamless account servicing.
- Support premium processing, settlement activities and placement administration where required.
Experience
- Experience within insurance or reinsurance broking support, broker technician, account management or a similar technical support role.
- Previous experience supporting renewals and placements within the London Market.
- Strong understanding of broking processes, market submissions, contracts and placement documentation.
- Experience liaising directly with clients, brokers, underwriters and reinsurers.
- Excellent organisational skills and attention to detail.
- Strong communication and stakeholder management skills.
- Ability to manage multiple priorities and deadlines in a fast-paced environment.
- Proficiency in Microsoft Office applications.
Desirable Skills & Experience
- Experience supporting Property Treaty reinsurance business.
- Knowledge of proportional and non-proportional treaty structures.
- Experience handling multinational or complex reinsurance programmes.
- Understanding of bordereaux management, premium settlements and claims reporting.
- Familiarity with London Market systems and processes.
This Role May Suit Individuals Currently Working As
- Broker Technician
- Reinsurance Technician
- Broker Support
- Broker Support Executive
- Broker Back-Up
- Assistant Broker
- Treaty Account Executive
- Reinsurance Account Manager
- About Willis Re
We combine specialist broking with analytics, modeling and research to help insurers optimize risk transfer, strengthen balance sheets and achieve sustainable growth.
Our approach is relationship-driven, transparent and outcome-focused.
At the heart of Willis Re is a focus on delivering the most cutting-edge analytical solutions to enable more informed, better decision-making for risk selection, portfolio optimization, and capital management.
The launch of Willis Re brings a strategic advantage of being unhindered by legacy, an ability to leverage data, statistical models and advanced technologies with the best knowledge and expertise to deliver more efficient and effective reinsurance outcomes.
This places Willis Re in a unique position to build a truly analytically driven business, focused on creating solutions for the reinsurance industry that are future led and forward thinking.
Willis Re will also leverage recognized technical expertise from WTW’s Insurance Consulting & Technology business including their advanced modeling and analytical capabilities.
Alongside this will be WTW’s Research Network, an award-winning business supporting and influencing science to improve the understanding and quantification of risk.
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.
If you have a need that requires accommodation, please email us at talentacquisition@willisre. com
Broker Technician in London employer: Willis Re
Willis Re is an exceptional employer that prioritises a diverse and inclusive work environment, offering employees the opportunity to engage in meaningful work that drives strategic growth in the reinsurance sector. With a strong focus on professional development, employees benefit from advanced analytical resources and collaborative teamwork, ensuring they are well-equipped to excel in their roles while fostering strong relationships with clients and global reinsurers. Located in a dynamic market, Willis Re provides a unique platform for career advancement and innovation in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Broker Technician 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). 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 Technician 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.
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.
