Senior Broker Credit and Political Risks

Senior Broker Credit and Political Risks

Full-Time 50000 - 60000 £ / year (est.) Home office (partial)
Willis Towers Watson

At a Glance

  • Tasks: Broking complex deals and engaging with clients across diverse sectors.
  • Company: WTW, a leader in Political Risk and Structured Credit insurance.
  • Benefits: Hybrid work model, inclusive culture, and opportunities for professional growth.
  • Other info: Embrace diversity and enjoy a flexible work environment.
  • Why this job: Join a dynamic team making impactful solutions for global clients.
  • Qualifications: 5+ years in Political Risk Insurance or trade finance, strong communication skills.

The predicted salary is between 50000 - 60000 £ per year.

FS' Political Risk & Structured Credit team is made up of highly motivated recognised market leaders within the Political Risk and Credit market. Based in London, NY and Singapore, the team is responsible for servicing WTW's global network & clients including corporates, export credit agencies, traders and financial institutions (banks and funds) among others. The team has extensive experience structuring large complex placements to enhance clients' abilities to invest, operate and trade in a portfolio of challenging countries. Our book of business has a global footprint, offering complex solutions to all clients across industry sectors including Renewable Power, Manufacturing, Defence, Aviation, Technology and Oil and Gas and Natural Resources. We also focus on other niche sectors. We encourage all brokers to be involved across the whole portfolio rather than to fully specialise on one particular product or client type. This in turn promotes growth, development and elevated career paths.

Responsibilities

  • Execute placements from Non‑Binding Indication to confirmation of cover for a large variety of deals + Binding transactions for clients across multiple products including Political Risk, Comprehensive Non Payment (Contract Frustration/Credit) and Pre & Post Shipment.
  • General support to clients by email, telephone and face‑to‑face meetings as required; putting together market submissions and understanding clients' needs, and summarising market feedback accordingly.
  • Developing new and existing clients, guiding them through the process from initial meetings and engagements to binding first policies.
  • Structuring solutions for clients trading and investing in both OECD and developing economies.
  • Preparation for market presentations to ensure client's requirements best presented.
  • Work with multiple stakeholders on projects within FS as and when appropriate.

Operational / Portfolio Management

  • Slips, endorsements and processing (new policies and regular endorsements).
  • Updating the relevant monitoring tools/spreadsheets (premium/brokerage).
  • Working with the accounts team to ensure timely production of invoices.
  • Assisting with claims as and when required.
  • Responsible for working in accordance with the WTW Client Excellence Model, and compliance with the WTW policies, including participation in the management of risks that may adversely affect the business, interests or reputation of any Group Company.

Qualifications

  • 5+ years' experience in the Political Risk Insurance Market, and/or trade finance industry including exposure to Political and Credit risks.
  • Understanding of insurance market dynamics and core processes.
  • Develop/Establish relationships with underwriters, both Lloyd's and company markets.
  • Exposure to wording negotiations.
  • Effective communication and presentation skills.
  • Experience of managing effective client relationships.
  • Ability to interpret and use data optimally.
  • Good understanding of compliance and applicable regulation.
  • Highly organised and attention to detail.
  • Good use of Microsoft Excel, Powerpoint, Word.
  • Foreign language(s) a plus but not a must.

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 organization. We embrace all types of diversity.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a hybrid style, with a mix of remote, in‑person and in‑office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and hybrid is not a one‑size‑fits‑all solution.

Senior Broker Credit and Political Risks employer: Willis Towers Watson

WTW is an exceptional employer, offering a dynamic work environment in London where innovation and collaboration thrive. With a strong focus on employee growth, our Political Risk & Structured Credit team encourages involvement across diverse sectors, providing opportunities for career advancement and skill development. We pride ourselves on fostering an inclusive culture that values diversity, ensuring every team member feels empowered and supported in their professional journey.

Willis Towers Watson

Contact Details:

Willis Towers Watson Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Broker Credit and Political Risks

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Willis Towers Watson. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Senior Broker Credit and Political Risks

Political Risk Insurance
Trade Finance
Client Relationship Management
Market Submissions
Data Interpretation
Communication Skills
Presentation Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Willis Towers Watson.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Willis Towers Watson's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Willis Towers Watson

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Willis Towers Watson.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Willis Towers Watson will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Willis Towers Watson employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.