At a Glance
- Tasks: Join our Natural Resources Liability team to design and place insurance programmes for clients.
- Company: WTW is a diverse and inclusive company that values every employee's unique contributions.
- Benefits: Enjoy a supportive work culture, flexible working options, and opportunities for professional growth.
- Why this job: Be part of a dynamic team, build strong client relationships, and make a real impact in the industry.
- Qualifications: Degree level education or relevant experience in the International Liability insurance market preferred.
- Other info: We offer a structured application process with support for all candidates.
The predicted salary is between 48000 - 72000 Β£ per year.
Description
At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.
The Role
The role is for a broker with the Natural Resources Liability team, based in London. You will be responsible for the design and placement of Liability programmes for clients and prospects in the Natural Resources industry. Aspects of the role include, but are not limited to, the following:
- Drive growth of Liability book across all regions
- Develop and maintain strong relationships with clients, understanding their insurance needs and ensuring these are fulfilled
- Identify appropriate markets and determine placing strategy
- Manage relationships and negotiate placement with the insurance market
- Participate in information gathering exercises
- Check policies, market presentations and client documentation as appropriate
- Understand changes in client circumstances to ensure that the cover provided continues to match their needs
- Work with Account Executives, the Wordings Team and the Sales Team in determining appropriate solutions and structuring the deal
- Create and grow relationships with underwriters in Lloydβs, London and international markets
- Ensure ongoing compliance with WTW guidelines and procedures
- Develop and demonstrate proficiency for all relevant systems including Placing Platform Limited (PPL), Document Management System (DMS) and Fair Market Appraisal (FMA).
Qualifications
The Requirements
- Knowledge/experience of the International Liability insurance market
- Language skills an advantage
- Preferably educated to degree level or relevant industry experience
- Legal background preferable.
Skills:
- Strong communication, negotiation and interpersonal skills
- Must be able to work in a fast-paced and dynamic team environment where lateral thinking, initiative, and decision-making skills are crucial
- Attention to detail
- Ability to assimilate and apply large volumes of information rapidly
- Comfortable explaining complex concepts and making recommendations to clients/client servicing teams
- Ability to prioritise, manage deadlines and work under pressure
- Skilled at building effective relationships, at all levels, with clients, prospects, associates, insurers and external specialists
- Ability to work both independently and as part of a wider team
- Good presentation abilities
- Must be prepared to work with integrity and openness, complying at all times with FCA requirements.
The Application Process
- Stage 1: Online application and recruiter review
- Stage 2: Recruiter Screening Call
- Stage 3: 1st Round Interviews β Competency format.
- Stage 4: 2nd Round Interviews β Competency format.
- Stage 5: Offer and onboarding
Weβre 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 .
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Natural Resources Liability Broker - Associate Director employer: Willis Towers Watson
Contact Detail:
Willis Towers Watson Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Natural Resources Liability Broker - Associate Director
β¨Tip Number 1
Familiarise yourself with the Natural Resources Liability market. Understanding the specific challenges and trends in this sector will help you engage more effectively during interviews and demonstrate your knowledge to potential employers.
β¨Tip Number 2
Network with professionals in the insurance industry, particularly those involved in liability and natural resources. Attend industry events or join relevant online forums to build connections that could lead to job opportunities.
β¨Tip Number 3
Prepare to discuss your negotiation and relationship-building skills in detail. Think of specific examples from your past experiences where you successfully managed client relationships or negotiated deals, as these are crucial for the role.
β¨Tip Number 4
Stay updated on regulatory changes and compliance requirements in the insurance sector. Being knowledgeable about FCA guidelines will show your commitment to integrity and compliance, which is essential for this position.
We think you need these skills to ace Natural Resources Liability Broker - Associate Director
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Natural Resources Liability Broker position. Tailor your application to highlight relevant experience and skills that align with the job description.
Craft a Strong CV: Your CV should clearly showcase your experience in the International Liability insurance market, any legal background, and your strong communication and negotiation skills. Use bullet points for clarity and ensure it is well-structured.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight specific experiences that demonstrate your ability to drive growth, manage relationships, and work in a fast-paced environment. Make it personal and engaging.
Prepare for Interviews: Since the interview process includes competency-based questions, prepare examples from your past experiences that demonstrate your skills in negotiation, relationship building, and decision-making. Practice articulating complex concepts clearly.
How to prepare for a job interview at Willis Towers Watson
β¨Understand the Role Thoroughly
Before your interview, make sure you have a solid grasp of what the Natural Resources Liability Broker role entails. Familiarise yourself with the key responsibilities and how they align with your skills and experiences.
β¨Showcase Your Communication Skills
Given the importance of strong communication in this role, prepare to demonstrate your ability to explain complex concepts clearly. Think of examples where you've successfully communicated with clients or colleagues in the past.
β¨Prepare for Scenario-Based Questions
Expect competency-based questions that assess your problem-solving and decision-making abilities. Prepare specific examples from your previous experience that highlight your skills in negotiation and relationship management.
β¨Research the Company Culture
WTW values inclusivity and diversity, so be ready to discuss how you can contribute to this culture. Reflect on your own experiences and how they align with the company's commitment to fostering an inclusive work environment.