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For Companies At a Glance
- Tasks: Support clients with Professional Indemnity insurance and manage complex portfolios.
- Company: WTW, a leader in insurance broking with a focus on innovation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Join a team that shapes the future of Professional Indemnity insurance.
- Qualifications: Market knowledge and strong communication skills are essential.
- Other info: Opportunity to collaborate with diverse teams and enhance client satisfaction.
The predicted salary is between 36000 - 60000 £ per year.
As a Professional Indemnity Broker at WTW, you will play a pivotal role in delivering high-quality broking and placement services to our clients, with a particular focus on Professional Indemnity (PI) risks. This position requires market knowledge, technical expertise, and the ability to manage complex client portfolios with confidence and autonomy. You will be instrumental in supporting placement strategy, shaping best practices within the PI broking space, and supporting the continued growth and success of our Professional Lines offering in the London market.
You will work closely with Client Executives, and across our client service teams as well as other internal stakeholders to ensure seamless delivery, uphold Service Level Agreements (SLAs), and continuously enhance client satisfaction.
The Role
- Support the placement and renewal of complex Professional Indemnity insurance programmes for a diverse portfolio of clients.
- Serve as the primary broking contact, managing day-to-day client communications and ensuring a smooth client journey throughout the placement lifecycle.
- Design and deliver tailored broking strategies that reflect client needs and current market conditions.
- Negotiate terms and coverage with insurers in the London and international markets to secure optimal outcomes for clients.
- Collaborate cross-functionally with Sales, Client Management, Technical Support, Client-Facing Support, and Operations teams to drive seamless service delivery.
- Identify opportunities to enhance value for clients through risk solutions, alternative placements, and innovation.
- Act as a subject matter expert in the PI space, providing technical guidance internally and externally.
- Maintain strong working relationships with key insurer partners, leveraging market intelligence and influencing underwriter engagement.
- Participate in strategic initiatives to enhance broking delivery, streamline processes, and shape WTW’s broader PI practice.
Professional Indemnity Broker employer: WTW
Contact Detail:
WTW Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Professional Indemnity Broker
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant online forums. The more people you know in the Professional Indemnity space, the better your chances of landing that dream job.
✨Tip Number 2
Showcase your expertise! Create a portfolio or a LinkedIn profile that highlights your knowledge in Professional Indemnity risks. Share articles, insights, or case studies to demonstrate your understanding and passion for the field.
✨Tip Number 3
Prepare for interviews by brushing up on your negotiation skills. As a Professional Indemnity Broker, you'll need to negotiate terms and coverage effectively, so practice articulating your strategies and approaches clearly.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for talented individuals who can contribute to our Professional Lines offering. Make sure your application stands out by tailoring it to the specific role and showcasing your unique skills.
We think you need these skills to ace Professional Indemnity Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Professional Indemnity Broker role. Highlight your market knowledge and any relevant technical expertise to show us you’re the right fit!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the PI space and how your background can help us deliver top-notch broking services. Keep it engaging and personal!
Showcase Your Communication Skills: As a broker, communication is key! In your application, demonstrate your ability to manage client relationships and convey complex information clearly. We want to see how you can ensure a smooth client journey.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and get back to you quickly!
How to prepare for a job interview at WTW
✨Know Your PI Stuff
Make sure you brush up on your knowledge of Professional Indemnity insurance. Understand the key risks, market trends, and recent developments in the PI space. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Showcase Your Client Management Skills
Be prepared to discuss your experience managing client portfolios. Think of specific examples where you've successfully navigated complex client communications or tailored strategies to meet client needs. This will demonstrate your ability to handle the day-to-day responsibilities of the role.
✨Highlight Your Negotiation Prowess
Since negotiating terms with insurers is a big part of the job, come ready to share examples of successful negotiations you've conducted in the past. Talk about how you secured optimal outcomes for clients and what strategies you used to influence underwriters.
✨Emphasise Collaboration
This role requires working closely with various teams, so be ready to discuss your experience collaborating cross-functionally. Share examples of how you've worked with sales, technical support, or operations teams to enhance service delivery and client satisfaction.
