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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 broking 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 Professional Indemnity broking and strong negotiation skills required.
- 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.
Professional Indemnity Broker employer: Willis Towers Watson
Contact Detail:
Willis Towers Watson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Professional Indemnity Broker
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and engage on LinkedIn. The more people you know in the Professional Indemnity space, the better your chances of landing that dream job.
✨Tip Number 2
Prepare for interviews by researching WTW and understanding their approach to Professional Indemnity broking. Tailor your responses to show how your skills align with their needs and demonstrate your market knowledge.
✨Tip Number 3
Showcase your negotiation skills! Be ready to discuss past experiences where you successfully negotiated terms or managed complex client portfolios. This will highlight your expertise and confidence in the PI space.
✨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 take the initiative to connect directly with us.
We think you need these skills to ace Professional Indemnity Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that are relevant to the Professional Indemnity Broker role. Highlight your market knowledge and any specific achievements in broking or client management that align with what 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 the PI space and how your background makes you a great fit for our team. Don’t forget to mention your proactive learning attitude and any relevant qualifications.
Showcase Your Interpersonal Skills: Since this role involves a lot of client interaction, make sure to highlight your strong interpersonal and negotiation skills. Share examples of how you've successfully managed client relationships or navigated complex negotiations in the past.
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. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Willis Towers Watson
✨Know Your PI Stuff
Make sure you brush up on your knowledge of Professional Indemnity insurance. Understand the key risks and trends in the market, especially within the London space. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Showcase Your Negotiation Skills
Since negotiation is a big part of this role, prepare examples from your past experiences where you've successfully negotiated terms or resolved conflicts. Be ready to discuss how you can apply these skills to secure optimal outcomes for clients.
✨Demonstrate Team Spirit
This position requires collaboration with various teams, so be prepared to talk about your experience working in a team environment. Share specific instances where you’ve worked cross-functionally and how it led to successful outcomes.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to Professional Indemnity broking and their future strategies. This shows your enthusiasm for the role and helps you gauge if the company aligns with your career goals.
