At a Glance
- Tasks: Lead facultative placements and negotiate innovative risk-transfer solutions for energy and mining clients.
- Company: Join WTW, a leader in reinsurance with a focus on natural resources.
- Benefits: Enjoy 25 days annual leave, private healthcare, and a pension scheme with matched contributions.
- Other info: Hybrid working options and a supportive culture for personal and professional growth.
- Why this job: Make a real impact in a dynamic industry while mentoring junior brokers.
- Qualifications: Experience in facultative reinsurance and strong negotiation skills required.
The predicted salary is between 60000 - 80000 £ per year.
WTW is seeking a Senior Facultative Reinsurance Broker to join our Natural Resources practice in London. You'll work with major energy and mining clients, design and lead facultative placements, and negotiate with London and international markets to deliver innovative risk-transfer solutions.
The Role
- Lead facultative placements for complex Natural Resources risks.
- Advise clients on reinsurance structures, market trends and strategic options.
- Negotiate terms with underwriters across global markets.
- Collaborate with Risk, Actuarial and Claims specialists to deliver integrated solutions.
- Support reporting, presentations and portfolio insights for clients.
- Mentor junior brokers and contribute to a high‑performance team culture.
Qualifications
- Experience in facultative reinsurance, broking or underwriting within energy, natural resources or large industrial sectors.
- Strong negotiation, analytical and client‑relationship skills.
- Ability to manage multiple complex accounts and deadlines.
- Degree in Business/ Finance and/or Economics; ACII beneficial.
Regulatory & Conduct Requirements
This role is subject to the UK Financial Conduct Authority’s Senior Managers & Certification Regime (SMCR) and has been designated as a Conduct Rules role. The successful candidate will be required to comply with the FCA Conduct Rules, complete mandatory Conduct Rules training, and maintain the standards of integrity, professionalism and customer focus expected of colleagues at WTW, including acting to deliver good outcomes for clients in line with regulatory and Consumer Duty 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.
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 email candidatehelpdesk@wtwco.com.
Senior Facultative Reinsurance Broker in London employer: WTW
WTW is an exceptional employer that fosters a dynamic work culture, offering a hybrid work model that promotes flexibility and work-life balance. Employees benefit from comprehensive health insurance and have ample opportunities for professional growth within the M&A team, making it an ideal environment for those looking to thrive in a collaborative and innovative setting.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Facultative Reinsurance Broker in 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 Senior Facultative Reinsurance Broker in London
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.
