At a Glance
- Tasks: Build relationships and develop business in a dynamic insurance broking environment.
- Company: WTW, an inclusive employer supporting the LGBTQ+ community.
- Benefits: 25 days annual leave, private healthcare, hybrid working, and more perks.
- Other info: Opportunities for career progression and personal development in a supportive culture.
- Why this job: Join a high-growth team and make a real impact in the insurance market.
- Qualifications: Experience in insurance broking or underwriting with strong client management skills.
The predicted salary is between 31500 - 38500 £ per year.
This job is with WTW, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Find out more about this role by reading the information below, then apply to be considered.
Broker position within the Facultative GB business, responsible for placing, retaining and servicing existing NA & Retro cedants, while developing and converting new business opportunities. This is an exciting opportunity to join a high-growth team with significant scope for business development, market engagement, relationship building and career progression.
The Role:
- Manage and develop relationships with cedants, clients, brokers and (re)insurers across London and international markets.
- Lead the placement, renewal and servicing of NA & Retro business, identifying appropriate markets and placement strategies.
- Understand client risks and develop tailored solutions, programme structures and pricing strategies.
- Support new business development, including prospecting, RFPs, presentations and converting sales opportunities.
- Identify portfolio growth, cross-selling and new-from-existing opportunities.
- Negotiate effectively with markets and build strong, long-term relationships with underwriters and key market contacts.
- Ensure accurate and compliant contract processing, documentation and use of WTW broking systems.
- Work collaboratively with Account Executives, Sales and wider WTW teams to deliver strong client outcomes and profitable growth.
Qualifications
What you'll bring:
- Proven experience in Insurance Broking or Underwriting, with relevant (re)insurance and Retrocession experience.
- Good understanding of the (re)insurance market and experience managing client/cedant and market relationships.
- Experience across retail, reinsurance and retrocession placements; NA experience is desirable.
- Strong client management, negotiation, communication and presentation skills.
- Commercially minded with the ability to identify and convert business development opportunities.
- Ability to understand complex risks, develop solutions and communicate recommendations effectively.
- Ability to manage competing priorities, deadlines and work effectively under pressure.
- Strong technical and analytical skills, with excellent Excel and MS Office capability.
- Experience with broking systems, Power BI, PQ/RIC is desirable.
- ACII qualified or working towards ACII is preferred.
- Strong commitment to FCA, WTW policies and regulatory requirements.
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.
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 email.
Broker in Bristol employer: WTW
WTW is an exceptional employer that prioritises inclusivity and employee wellbeing, offering a comprehensive benefits package that includes 25 days of annual leave, private healthcare, and a defined contribution pension scheme. The work culture fosters professional growth through hybrid working options and opportunities to engage in meaningful community service, making it an ideal environment for those looking to develop their careers while contributing positively to society.
StudySmarter Expert Advice🤫
We think this is how you could land Broker in Bristol
✨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 WTW. 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 Broker in Bristol
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 WTW.
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 WTW'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 WTW
✨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.
✨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 WTW 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 WTW 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.
