At a Glance
- Tasks: Join a dynamic team to broker political risk and structured credit solutions for global clients.
- Company: WTW, a leader in financial services with a collaborative and innovative culture.
- Benefits: Enjoy 25 days annual leave, private healthcare, and hybrid working options.
- Other info: Opportunities for growth, community volunteering, and a range of additional perks.
- Why this job: Make a real impact in the financial sector while developing your career globally.
- Qualifications: Experience in political risk insurance and strong communication skills required.
The predicted salary is between 63000 - 77000 £ per year.
An opportunity has arisen for a Broker / Senior Broker to join our Financial Institutions' Political Risk & Structured Credit team, part of WTW's global Credit Risk Solutions (CRS) business. Based within a specialist global team, this role will involve co-ordinating and contributing to the marketing and negotiation of business within the London Markets on a day-to-day basis for various clients.
Credit Risk Solutions is an integral part of WTW's global broking strategy, providing access to specialist brokers and client managers, dedicated client solutions, thought leadership and significant global insurance capacity. Working closely with colleagues across the WTW network, CRS delivers market-leading solutions to clients worldwide.
About the Team
CRS' Political Risk & Structured Credit team is made up of highly motivated recognised market leaders within the Political Risk and Credit market. Based in London, New York and Singapore, the team supports WTW's global network & clients including corporates, export credit agencies, traders and financial institutions such as banks and funds. 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, and spans sectors including Renewable Power, Manufacturing, Defence, Aviation, Technology and Oil and Gas and Natural Resources. We also focus on other niche sectors. Brokers are encouraged to work across the wider portfolio rather than specialise in a single product or client type, providing opportunities for broader exposure, growth and development.
The Role
Key responsibilities include:
- Broking
- 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
- Client/Network Engagement
- 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 CRS 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 (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
The role will be reporting to Executive Director, Credit and Political Risks.
Qualifications
What you’ll bring:
- Demonstratable experience within the Political Risk Insurance Market, and/or trade finance industry with exposure to Political and Credit risks;
- Understanding of insurance market dynamics and core processes;
- Experience developing relationships with underwriters, both Lloyd's and company markets;
- Exposure to wording negotiations;
- Strong communication and presentation skills;
- Experience of managing effective client relationships;
- Ability to interpret and utilise data effectively;
- Good understanding of compliance and regulatory requirements;
- Strong organisational skills and attention to detail;
- Proficiency in Microsoft Excel, PowerPoint, Word;
- Additional language skills are advantageous but not essential.
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.
Senior Broker Credit and Political Risk in London employer: WTW group
WTW group offers a dynamic work environment that fosters collaboration and innovation, as seen in roles like the Global Marine Marketing Lead, which emphasizes teamwork and strategic engagement. The company provides opportunities for professional growth through hands-on experiences, such as internships and graduate programs in Insurance Technology, allowing employees to develop practical skills in a supportive setting. Additionally, WTW group is committed to maintaining high standards of service and governance, ensuring a stable and rewarding workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Broker Credit and Political Risk in London
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We think you need these skills to ace Senior Broker Credit and Political Risk in London
Some tips for your application 🫡
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How to prepare for a job interview at WTW group
✨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 WTW group.
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✨Network with Industry Professionals
Before your interview, reach out to current or former WTW group 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.
