FINEX Producing Broker - Facultative in City of London

FINEX Producing Broker - Facultative in City of London

City of London Full-Time 56700 - 69300 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Drive business growth in Financial & Executive Risks while building strong client relationships.
  • Company: Join a leading global team in the dynamic insurance market.
  • Benefits: Enjoy 25 days leave, hybrid working, and a comprehensive health package.
  • Other info: Great career development opportunities and a supportive workplace culture.
  • Why this job: Make an impact in a collaborative environment with international exposure.
  • Qualifications: Knowledge of financial risks and strong relationship-building skills required.

The predicted salary is between 56700 - 69300 £ per year.

We are seeking a commercially focused FINEX Producing Broker to join our Global Facultative team in London. This is an exciting opportunity to play a key role in growing our Financial & Executive Risks portfolio, developing new client opportunities and building relationships across the London and international markets. Working closely with clients, brokers and insurers, you will combine your FINEX expertise with a commercial approach to identify new opportunities, develop tailored solutions and support the continued growth of the business. This position offers exposure to a broad range of international business and the opportunity to work collaboratively with colleagues and market partners across a global network.

The Role:

  • Business Development & Client Engagement
    • Develop and grow new and existing FINEX business opportunities.
    • Build and maintain relationships with clients, prospects, brokers and insurance markets.
    • Identify opportunities to expand client relationships and generate new revenue.
    • Develop a strong understanding of client needs and work with colleagues to deliver appropriate solutions.
    • Contribute to client pitches, proposals and wider business development activity.
    • Support the development of longer-term client and prospect relationships.
  • Market & Placement
    • Work closely with broking colleagues to develop effective placement and risk transfer solutions.
    • Build relationships with insurers, reinsurers and other market partners.
    • Maintain an understanding of market trends, capacity and emerging risks across FINEX classes.
    • Bring relevant market insight into client and business development conversations.
    • Collaborate across Facultative, Specialty and Broking teams to identify broader opportunities and deliver coordinated solutions.
  • Operational & Service Delivery
    • Work closely with broking and operational teams to support the effective delivery of client solutions.
    • Maintain accurate and timely records, documentation and client information.
    • Support the smooth transition of new business into the wider broking and service teams.
    • Ensure activity is delivered in line with regulatory requirements and internal governance standards.
    • Contribute to a consistent, high-quality client experience throughout the relationship.

Qualifications

  • Knowledge of Financial & Executive Risks classes, including D&O, Professional Indemnity, Financial Institutions, Cyber and related specialty lines.
  • Good understanding of the London and international insurance market.
  • Experience gained within wholesale broking, reinsurance or facultative environments.
  • Exposure to international business, with US market experience highly desirable.
  • Effective relationship-building, negotiation and stakeholder management skills.
  • A commercial approach, with the ability to identify and develop new business opportunities.
  • Ability to understand complex risks and communicate solutions effectively.
  • Ability to collaborate effectively across teams and build relationships with a range of stakeholders.
  • ACII qualified or working towards qualification is preferred.

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.

Equal Opportunity Employer: We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants.

FINEX Producing Broker - Facultative in City of London 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.

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Contact Details:

WTW Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land FINEX Producing Broker - Facultative in City of London

✨Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

✨Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like WTW). A thoughtful message explaining your interest can really make a difference!

✨Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

✨Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like WTW. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace FINEX Producing Broker - Facultative in City of London

Problem-Solving Skills
Communication Skills
Adaptability
Organizational Skills
Flexibility
Compassion
Teamwork

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at WTW.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at WTW. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at WTW

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at WTW to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

✨Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

✨Prepare for Behavioural Questions

As a full-timer at WTW, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

✨Know the Company Culture Inside Out

Understanding WTW's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.