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For Companies At a Glance
- Tasks: Manage complex client portfolios and deliver tailored broking strategies for Professional Indemnity insurance.
- Company: WTW, a leading firm in the insurance industry with a focus on innovation.
- Benefits: Generous leave, health benefits, hybrid working, and professional development opportunities.
- Why this job: Join a dynamic team and make a real impact in the Professional Indemnity space.
- Qualifications: Experience in PI broking and strong negotiation skills are essential.
- Other info: Enjoy a supportive environment with excellent career growth and community engagement opportunities.
The predicted salary is between 36000 - 60000 £ per year.
As a Professional Indemnity Broker at WTW, you will play a pivotal role in delivering high-quality broking and placement services to our clients, with a particular focus on Professional Indemnity (PI) risks. This position requires market knowledge, technical expertise, and the ability to manage complex client portfolios with confidence and autonomy. You will be instrumental in supporting placement strategy, shaping best practices within the PI broking space, and supporting the continued growth and success of our Professional Lines offering in the London market.
You will work closely with Client Executives, and across our client service teams as well as other internal stakeholders to ensure seamless delivery, uphold Service Level Agreements (SLAs), and continuously enhance client satisfaction.
The Role
- Support the placement and renewal of complex Professional Indemnity insurance programmes for a diverse portfolio of clients.
- Serve as the primary broking contact, managing day-to-day client communications and ensuring a smooth client journey throughout the placement lifecycle.
- Design and deliver tailored broking strategies that reflect client needs and current market conditions.
- Negotiate terms and coverage with insurers in the London and international markets to secure optimal outcomes for clients.
- Collaborate cross-functionally with Sales, Client Management, Technical Support, Client-Facing Support, and Operations teams to drive seamless service delivery.
- Identify opportunities to enhance value for clients through risk solutions, alternative placements, and innovation.
- Act as a subject matter expert in the PI space, providing technical guidance internally and externally.
- Maintain strong working relationships with key insurer partners, leveraging market intelligence and influencing underwriter engagement.
- Participate in strategic initiatives to enhance broking delivery, streamline processes, and shape WTW’s broader PI practice.
Qualifications
- Experience in Professional Indemnity broking, preferably within the London market.
- ACII qualified or interested in progressing with CII qualifications.
- Excellent general insurance knowledge.
- Strong interpersonal and negotiation skills.
- Ability to interact with both internal and external stakeholders.
- Ability to work well in a team environment but also under your own initiative.
- Ability to prioritize and manage workload and work to challenging deadlines.
- Good Microsoft Office skills particularly Excel, Word and PowerPoint.
- Proactive learning attitude — willingness to absorb technical PI knowledge, follow market developments, and gradually take on more responsibilities.
What we offer
- Enjoy a generous benefits package designed to help you thrive, both professionally and personally.
- You’ll receive 25 days of annual leave plus an extra WTW day to relax and recharge.
- Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind.
- Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.
- We support your growth and balance with hybrid working options, paid professional memberships, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community.
- On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more.
Equal Opportunity Employer: We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please let us know.
FINEX Professional Indemnity (PI) Broker employer: Willis Towers Watson
Contact Detail:
Willis Towers Watson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FINEX Professional Indemnity (PI) Broker
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work in Professional Indemnity. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your market knowledge and technical expertise. Be ready to discuss how you can manage complex client portfolios and deliver tailored broking strategies that meet client needs.
✨Tip Number 3
Showcase your negotiation skills! During interviews, share examples of how you've successfully negotiated terms and coverage with insurers. This will demonstrate your ability to secure optimal outcomes for clients.
✨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 FINEX Professional Indemnity (PI) Broker
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Professional Indemnity Broker role. Highlight your relevant experience in PI broking and any specific achievements that showcase your market knowledge and technical expertise.
Showcase Your Skills: Don’t forget to emphasise your strong interpersonal and negotiation skills. We want to see how you’ve successfully managed client communications and delivered tailored strategies in your previous roles.
Be Authentic: Let your personality shine through! We’re looking for someone who can work well in a team but also take initiative. Share examples of how you’ve balanced these aspects in your past experiences.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves, and you’ll find all the details you need to make your submission stand out!
How to prepare for a job interview at Willis Towers Watson
✨Know Your PI Stuff
Make sure you brush up on your Professional Indemnity knowledge before the interview. Understand the latest trends in the market, key players, and common client concerns. This will not only show your expertise but also demonstrate your proactive learning attitude.
✨Showcase Your Negotiation Skills
Prepare to discuss your negotiation experiences in detail. Think of specific examples where you've successfully negotiated terms or coverage with insurers. This is crucial for the role, so be ready to highlight how you can secure optimal outcomes for clients.
✨Demonstrate Team Collaboration
Since this role involves working closely with various teams, be prepared to share examples of how you've collaborated effectively in the past. Highlight your ability to manage relationships with internal stakeholders and how you’ve contributed to seamless service delivery.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions that show your interest in the company and the role. Inquire about their current challenges in the PI space or how they envision the future of their Professional Lines offering. This shows you're thinking strategically and are genuinely interested in contributing to their success.
