Broker in Ipswich

Broker in Ipswich

Ipswich Full-Time 50000 - 70000 £ / year (est.) Home office (partial)
Willis Towers Watson

At a Glance

  • Tasks: Join our North America Property division as an Account Executive, managing global client relationships.
  • Company: Dynamic insurance firm focused on innovation and client success.
  • Benefits: 25 days annual leave, private healthcare, pension scheme, and hybrid working options.
  • Other info: Enjoy a supportive environment with opportunities for personal and professional growth.
  • Why this job: Make a real impact in the insurance sector while growing your career.
  • Qualifications: Strong communication skills and ability to work independently or in a team.

The predicted salary is between 50000 - 70000 £ per year.

Great opportunity to join our North America Property division as an Account Executive, working with clients/cedants from across the globe.

The Role

  • 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 other Account Executives and Sales Team 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.
  • Price and design conceptual programmes.
  • Ensure ongoing compliance with WTW’s guidelines and procedures.
  • Ensure good relationships and communication with other WTW associates.
  • A thorough understanding and an expert real‑time user for all relevant systems.
  • Understand the clients’ business and risk management needs and look for solutions to deliver those needs through the provision of ongoing service.
  • Understand, apply and where necessary explain the BU policies and procedures.
  • Provide technical, industry and subject‑matter expertise where required.
  • Draw on expertise within specialist technical teams within the BU and across the Group for clients as needed.
  • Liaise with clients and build strong relationships.
  • Determine appropriate solutions, structure, price, and placement strategies that meet the clients’ needs and deliver profitable business for a range of clients.
  • Grow existing portfolio by identifying new and/or existing opportunities.
  • Responsibility for supporting the drive of the sales process and business area practice activity in relation to winning, retaining, and developing profitable new clients.
  • Develop and maintain a pipeline of prospects including research, initiation of contact, meetings, responding to RFPs, new business presentations, and accurately maintaining WTW CRM database to create and convert sales opportunities.
  • Respond quickly and accurately to new business introductions.
  • Actively identify opportunities to work with colleagues across the business to capitalise on account penetration and cross‑selling opportunities.
  • Develop and maintain knowledge of relevant products and services offered by WTW.
  • Networking – internally with other BUs, within the sector, and with external specialists (lawyers, TPAs, insurers).
  • Work closely and maintain working relationships with key market contacts (and the Broking Team) as required.
  • Ensure transparency of agency and other commitments made to carriers and clients.
  • Manage compliant processing of contracts as per FCA and contract certainty requirements.
  • Assist with loading of data into the relevant WTW Systems.
  • Check market presentations and client documentation as appropriate.
  • Assist with and design programme and pricing structures to best meet the client’s needs based on knowledge of the client, the reinsurance market and industry sector proposition.
  • Deliver optimisation of revenue from new and existing clients through the use of the full range of appropriate placement channels and markets for the specific client segment of the business.

Qualifications

  • A proven track record gained from within the Insurance sector preferred but not essential.
  • Good communication, negotiation, organisational and interpersonal skills.
  • 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.
  • Able 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 including: Broking Platform / PPL / FMA MS Office Power BI PQ / RIC.

What We Offer

Enjoy a 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, 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. Start making the most of your career and wellbeing with a range of benefits tailored for you.

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 email candidatehelpdesk@wtwco.com.

Broker in Ipswich employer: Willis Towers Watson

Join WTW as a Broker in our North America Property division, where you'll thrive in a dynamic work culture that prioritises professional growth and employee wellbeing. With a comprehensive benefits package including generous annual leave, private healthcare, and hybrid working options, we empower our employees to balance their careers with personal fulfilment. Our commitment to fostering strong relationships and providing ongoing support ensures that you can make a meaningful impact while advancing your career in the reinsurance market.

Willis Towers Watson

Contact Details:

Willis Towers Watson Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Broker in Ipswich

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 Towers Watson). 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 Towers Watson. 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 in Ipswich

Client Relationship Management
Negotiation Skills
Presentation Skills
Market Analysis
Pricing Strategy
Risk Management
Sales Process Management

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 Towers Watson.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Willis Towers Watson. 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 Towers Watson

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 Towers Watson 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 Towers Watson, 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 Towers Watson'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.