At a Glance
- Tasks: Support marketing and placement of political risk and structured credit insurance solutions.
- Company: Join a leading global financial institution with a focus on innovation.
- Benefits: 25 days annual leave, private healthcare, hybrid working, and a pension scheme.
- Other info: Enjoy a supportive environment with opportunities for professional growth.
- Why this job: Make an impact in the dynamic world of political risk and trade finance.
- Qualifications: Experience in political risk insurance and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
An opportunity has arisen to join the Financial Institutions Political Risk & Structured Credit team within the Credit Risk Solutions (CRS) global line of business. The role supports the marketing, negotiation, and placement of political risk and structured credit insurance solutions for a range of clients across the Lloyd’s and Company Markets. The position is suited to a motivated individual with an interest in political risk, credit, and trade finance, operating within a global broking environment.
The role involves supporting and executing insurance placements across political risk and structured credit products, while engaging closely with clients, underwriters, and internal stakeholders.
The Role- Marketing and placing transactions from non-binding indication through to binding and confirmation of cover.
- Executing placements across multiple products, including Political Risk, Comprehensive Non-Payment, Contract Frustration/Credit, and Pre- and Post-Shipment risks.
- Preparing market submissions, analyzing client requirements, and providing structured market feedback.
- Supporting existing and new clients through policy placement processes, from initial engagement to first-time binding.
- Structuring insurance solutions for clients operating in both OECD and emerging markets.
- Managing day-to-day engagement with insurers across the Lloyd’s and Company Markets, including wording discussions where required.
- Supporting portfolio and operational management activities, including policy documentation, endorsements, monitoring tools, invoicing coordination, and claims assistance.
- Ensuring compliance with internal governance frameworks, regulatory requirements, and the Client Excellence Model.
- Collaborating with colleagues across the CRS business on projects and initiatives as required.
- Strong experience within the Political Risk insurance market and/or trade finance sector.
- Good understanding of London insurance market practices and placement processes.
- Ability to develop and maintain effective relationships with underwriters and clients.
- Exposure to policy wording discussions and negotiations.
- Strong communication, presentation, and stakeholder management skills.
- Analytical capability, with the ability to interpret and use data effectively.
- Working knowledge of compliance obligations and FCA regulation.
- Willingness to work towards professional insurance qualifications (e.g. ACII), where applicable.
- Strong organizational skills with attention to detail.
- Proficiency in Microsoft Excel, PowerPoint, and Word.
- Additional language skills are advantageous but not essential.
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 EmployerWe’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 candidate.helpdesk@wtwco.com.
Manager-Credit Risk Solutions in London employer: WTW
Contact Detail:
WTW Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager-Credit Risk Solutions in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. The more you engage with others in the political risk and credit insurance space, the better your chances of landing that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its recent projects. Show us that you understand their role in the market and how you can contribute to their success. Tailor your answers to highlight your experience in political risk and trade finance.
✨Tip Number 3
Practice your pitch! Be ready to explain your background and how it aligns with the role. We want to hear about your experience with policy wording discussions and negotiations, so make sure you can articulate that clearly.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and enthusiastic about joining our team.
We think you need these skills to ace Manager-Credit Risk Solutions in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your experience in political risk and trade finance, as well as any relevant achievements that showcase your ability to engage with clients and underwriters.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about the role and how your background aligns with our needs. Be specific about your experience in the London insurance market and your understanding of placement processes.
Showcase Your Analytical Skills: Since the role involves interpreting data and providing structured feedback, make sure to mention any relevant analytical tools or methods you've used in previous roles. This will demonstrate your capability to handle the analytical aspects of the position.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at WTW
✨Know Your Stuff
Make sure you brush up on your knowledge of political risk insurance and trade finance. Familiarise yourself with the key products mentioned in the job description, like Political Risk and Comprehensive Non-Payment. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Build Relationships
Since the role involves engaging closely with clients and underwriters, think about how you can demonstrate your relationship-building skills. Prepare examples from your past experiences where you've successfully managed stakeholder relationships or navigated negotiations. This will highlight your ability to thrive in a collaborative environment.
✨Showcase Your Analytical Skills
The job requires strong analytical capabilities, so be ready to discuss how you've used data to inform decisions in previous roles. Bring along examples of how you've interpreted data effectively, perhaps in preparing market submissions or analysing client requirements, to showcase your analytical prowess.
✨Prepare for Compliance Questions
Given the importance of compliance in this role, review your understanding of regulatory requirements and internal governance frameworks. Be prepared to discuss how you've ensured compliance in past positions, as this will demonstrate your readiness to uphold the company's standards and practices.