Broker in Slough

Broker in Slough

Slough Full-Time 40500 - 49500 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our International team as a Broker, managing client relationships and negotiating deals.
  • Company: WTW, an inclusive employer supporting the LGBTQ+ community.
  • Benefits: 25 days annual leave, private healthcare, remote work options, and a pension scheme.
  • Other info: Dynamic work environment with opportunities for personal and professional growth.
  • Why this job: Make a real impact in the insurance industry while growing your career.
  • Qualifications: ACII qualified or working towards it, with experience in Insurance Broking or Underwriting.

The predicted salary is between 40500 - 49500 £ per year.

This job is with WTW, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.

We are delighted to be able to offer this great opportunity to join as a Broker within the International team in Direct GB, working with clients globally.

The Role:

  • Ability to understand a client or prospect’s business, situations, opportunities, challenges, and key issues and understand appropriate solutions, structure, price, and placement strategies that meet the clients’ needs and deliver profitable business for a range of clients.
  • Ability to manage relationships and negotiate placement with the (re)insurance market.
  • Prepare client and prospect presentations.
  • Work with other Account Executives and Sales Team in determining appropriate solutions and structuring and pricing the deal in alignment with client needs.
  • Develop and maintain a pipeline of prospects including research, initiation of contact, meetings, responding to RFPs, CRM database.
  • Identify appropriate markets and create and grow relationships with underwriters in London and international markets.
  • Grow existing portfolio by identifying new and/or existing opportunities.
  • Stakeholder Management and working collaboratively with colleagues around the world.
  • Manage compliant processing of contracts as per FCA and contract certainty requirements.
  • Ensure correct upload and handling of slips via the PPL Platform.
  • Maintain information in Broking Platform system including record quotations, indications, and declinatures when marketing insurance business via the Broking Platform.
  • Provide feedback on corrective action required to retain clients or enhance process performance, actively supporting the implementation of any actions that are put in place.

Qualifications

  • ACII qualified or working towards the ACII qualification.
  • A proven track record in Insurance Broking or Underwriting.
  • A good knowledge of the (re)insurance market and specifically Property.
  • Prior experience across retail, reinsurance or retrocession property placements as well as any other LOB experience will be greatly useful in this segment of the portfolio.
  • Computer specific skills: Excel, PowerPoint, Word.
  • Good communication, negotiation, quick learner, and interpersonal skills.
  • Good presentation abilities.
  • Negotiation skills coupled with the ability to be flexible and innovative.
  • Ability to work both independently and as part of a wider team.
  • Able to prioritise, manage deadlines and work under pressure.
  • Ability to adapt personal style to work effectively with a wide range of clients, colleagues, and underwriters.
  • Must be prepared to work with integrity and openness, always complying with FCA requirements.
  • Good IT skills with excellent Excel usage capability including: MS Office, Power BI (preferable but not essential).

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 remote 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 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.

Broker in Slough 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 Broker in Slough

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 Broker in Slough

Client Relationship Management
Negotiation Skills
Insurance Broking Knowledge
Property Insurance Expertise
Presentation Skills
Research and Prospecting
Stakeholder Management

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.