At a Glance
- Tasks: Support product development and engage with stakeholders to enhance insurance offerings.
- Company: Dynamic insurance firm focused on innovation and inclusivity.
- Benefits: Competitive salary, professional growth opportunities, and a diverse work environment.
- Other info: Collaborative culture with opportunities for career advancement.
- Why this job: Join a team that shapes the future of insurance products and makes a real impact.
- Qualifications: Five years in commercial insurance and strong drafting skills required.
The predicted salary is between 40000 - 50000 € per year.
As a Product Technician in the GB Retail Facility team you will be responsible for:
- Supporting the Facilities Product Development Manager with drafting updates to facility products, ensuring that any changes are compatible with the facility wordings.
- Working with the 360GBR wordings team to draft endorsements/cover requirements that are compatible with the facility products.
- Working with internal and external stakeholders to undertake periodic reviews of facility products to ensure that they continue to offer broad coverage.
- Undertaking competitor product analysis as part of the facility product review process.
- Drafting complex GB Retail facility property/business interruption and liability schedules for large UK and multinational clients.
- Ongoing engagement with stakeholders to ensure that the facility products reflect changes in regulation and market developments.
- Ongoing engagement with insurers to ensure that the facility documentation continues to reflect their latest statutory disclosures or notices.
- Supporting the Product Development Manager with the creation and issuance of product literature and communication.
- Working with the Product Development Manager to deliver product training presentations to internal and external stakeholders as required.
- Acting as the focal point for the client‑facing teams in relation to technical queries on facility products.
- Looking for opportunities to optimise the growth and retention of business placed on the facility through product development.
- Supporting the GB Retail Facilities Management team with new facility proposition tender exercises when required.
Qualifications:
- Good knowledge of property/business interruption and liability policies and ability to explain in detail what standard sections of these policies cover.
- Ability to draft changes to policy wordings accurately using compatible language.
- Knowledge of Motor Fleet and Group PA travel classes and Global placements – not a prerequisite but desirable.
- Ability to negotiate with both internal and external stakeholders.
- Ability to prioritise and manage workload and meet challenging deadlines.
- Works well in a team environment but can also work independently.
- Minimum five years of commercial insurance experience.
- DIP C.I.I. qualified or progressing towards.
- Competent in Microsoft Office products, particularly Word.
We are an equal‑opportunity employer committed to fostering an inclusive work environment and embracing all types of diversity.
GB Retail Facility - Insurance Product Technician in Suffolk employer: Willis Towers Watson
As a leading employer in the insurance sector, we pride ourselves on fostering a collaborative and inclusive work culture that values diversity and encourages professional growth. Our GB Retail Facility team offers unique opportunities for career advancement through ongoing training and engagement with industry stakeholders, all while working in a dynamic environment that supports innovation and excellence in product development.
StudySmarter Expert Advice🤫
We think this is how you could land GB Retail Facility - Insurance Product Technician in Suffolk
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of property/business interruption and liability policies. Be ready to discuss how your experience aligns with the responsibilities of the Product Technician role – it’ll show you’re serious about landing the job!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that resonate with your values. Check out our website for openings that match your skills and interests, and tailor your approach to each one. We want to see your passion shine through!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm for the role and gives you another chance to highlight why you’re the best fit for the team.
We think you need these skills to ace GB Retail Facility - Insurance Product Technician in Suffolk
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your knowledge of property/business interruption and liability policies, as well as any relevant experience with product development.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for the Product Technician role. Mention specific examples of how you've engaged with stakeholders or managed complex projects in the past.
Showcase Your Technical Skills:Since the role involves drafting policy wordings and schedules, be sure to mention your proficiency in Microsoft Word and any experience you have with technical documentation. This will help us see your capability in action!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Willis Towers Watson
✨Know Your Stuff
Make sure you brush up on your knowledge of property, business interruption, and liability policies. Be ready to explain standard sections in detail, as this will show your expertise and confidence in the subject matter.
✨Showcase Your Drafting Skills
Since drafting updates to facility products is a key responsibility, prepare examples of your previous work. Bring along samples that demonstrate your ability to draft policy wordings accurately and use compatible language.
✨Engage with Stakeholders
Highlight your experience in working with both internal and external stakeholders. Be prepared to discuss how you've successfully negotiated or collaborated with others to achieve common goals, as this is crucial for the role.
✨Demonstrate Your Analytical Skills
Competitor product analysis is part of the job, so think about how you can showcase your analytical skills. Prepare to discuss any past experiences where you've reviewed products or market developments and how you contributed to optimising growth and retention.
