At a Glance
- Tasks: Drive innovative reinsurance solutions and manage key client relationships in marine and energy sectors.
- Company: Join Willis Re, a leader in analytical-driven reinsurance solutions.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work with cutting-edge analytics and contribute to process improvements.
- Why this job: Be at the forefront of strategic growth and make impactful decisions in the reinsurance industry.
- Qualifications: Experience in marine & energy reinsurance and strong 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. It combines technical expertise, market insight, and client relationship management to deliver innovative reinsurance solutions across complex specialty lines. The role will assist with placement strategies and drive business development initiatives while ensuring compliance and profitability.
Main Responsibilities
- Crafting and delivering new reinsurance opportunities and growing revenue with existing and future clients.
- Playing an active role in delivering strategic growth initiatives, responding to tenders and handling high-value deals.
- Serving as a point of contact for key clients, ensuring high levels of service and responsiveness.
- Conducting strategic reviews, renewal planning, and risk advisory sessions with clients.
- Identifying cross-selling and upselling opportunities across Willis Re’s portfolio.
- Analysing underwriting data, loss trends, pricing models, and market capacity to inform placement strategies.
- Using data visualisation tools to present insights to clients and internal stakeholders.
- Collaborating with actuarial and analytics teams to assess portfolio performance and identify growth opportunities.
- Monitoring exposure accumulations and modelling catastrophe scenarios for specialty risks.
- Assisting with the structuring, negotiation, and placement of reinsurance programmes across specialty lines.
- Developing bespoke solutions tailored to client risk profiles and market conditions.
- Maintaining strong relationships with global reinsurers to secure optimal terms and capacity.
- Tracking global developments in specialty risk sectors and regulatory environments.
- Contributing to the development of new reinsurance products and coverage enhancements.
- Ensuring all placements and documentation meet internal quality standards and regulatory requirements.
- Overseeing transaction workflows, reporting, and audit readiness.
- Contributing to process improvement and digital transformation initiatives.
Required Skills & Qualifications
- Previous experience in marine & energy reinsurance.
- 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.
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.
Senior Broker employer: Willis Re
Willis Re is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and strategic growth are at the forefront. Employees benefit from a culture that prioritises professional development, collaboration, and cutting-edge analytical solutions, ensuring they are well-equipped to excel in their roles. With a strong emphasis on client relationships and market insight, team members have unique opportunities to drive impactful change within the reinsurance industry while enjoying the vibrant atmosphere of one of the world's leading financial hubs.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Broker
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals at events or online. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Showcase your expertise! Create a portfolio or a personal website where you can highlight your achievements and case studies. This gives potential employers a taste of what you can bring to the table.
✨Tip Number 3
Prepare for interviews by researching the company and its market position. Tailor your responses to show how your skills align with their needs, especially in marine and energy reinsurance.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Broker
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Broker role. Highlight your experience in marine and energy reinsurance, and don’t forget to showcase those advanced negotiation skills and client-facing abilities that we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background aligns with our mission at Willis Re. Be sure to mention any relevant achievements that demonstrate your expertise.
Showcase Your Analytical Skills:Since we value data-driven decision-making, make sure to highlight your experience with analysing underwriting data and market trends. If you’ve used data visualisation tools, give us the details – we love seeing how you can present insights effectively!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at Willis Re
✨Know Your Reinsurance Inside Out
Make sure you brush up on your knowledge of marine and energy reinsurance. Understand the latest trends, structures, and key players in the market. This will not only help you answer technical questions but also show your passion for the industry.
✨Showcase Your Client Management Skills
Prepare examples that highlight your experience in managing client relationships. Think about specific instances where you successfully handled high-value deals or turned around a challenging situation. This will demonstrate your ability to maintain strong client connections.
✨Be Ready to Discuss Data Analysis
Since the role involves analysing underwriting data and market capacity, be prepared to discuss your experience with data visualisation tools. Bring examples of how you've used data to inform placement strategies or improve portfolio performance.
✨Demonstrate Your Negotiation Prowess
Negotiation skills are crucial for this role, so think of scenarios where you successfully negotiated terms with reinsurers. Be ready to discuss your approach and any challenges you faced, as this will showcase your advanced negotiation abilities.
