Location
London, London

Hours
Full Time

Salary
Negotiable

About the Role
An opportunity has arisen for a Broker / Senior Broker to join our Financial Institutions' Political Risk & Structured Credit team, part of WTW's global Credit Risk Solutions (CRS) business. Based within a specialist global team, this role involves co-ordinating and contributing to the marketing and negotiation of business within the London Markets on a day-to-day basis for various clients. Credit Risk Solutions is an integral part of WTW’s global broking strategy, providing access to specialist brokers and client managers, dedicated client solutions, thought leadership and significant global insurance capacity. Working closely with colleagues across the WTW network, CRS delivers market-leading solutions to clients worldwide.

About the Team
The Political Risk & Structured Credit team is made up of highly motivated recognised market leaders within the Political Risk and Credit market. Based in London, New York and Singapore, the team supports WTW’s global network and clients including corporates, export credit agencies, traders and financial institutions such as banks and funds. The team has extensive experience structuring large complex placements to enhance clients’ abilities to invest, operate and trade in a portfolio of challenging countries. Our book of business has a global footprint and spans sectors including Renewable Power, Manufacturing, Defence, Aviation, Technology, Oil and Gas and Natural Resources, as well as other niche sectors. Brokers are encouraged to work across the wider portfolio rather than specialise in a single product or client type, providing opportunities for broader exposure, growth and development.

Key Responsibilities
Broking
Execute placements from Non-Binding Indication to confirmation of cover for a large variety of deals. Binding transactions for clients across multiple products including Political Risk, Comprehensive Non Payment (Contract Frustration/Credit) and Pre & Post Shipment.
Client/Network Engagement: Provide general support to clients by email, telephone and face to face meetings as required; put together market submissions and understand clients’ needs, summarising market feedback accordingly; develop new and existing clients, guiding them through the process from initial meetings and engagements to binding first policies; structure solutions for clients trading and investing in both OECD and developing economies; prepare for market presentations to ensure client’s requirements are best presented; work with multiple stakeholders on projects within CRS as appropriate.

Operational / Portfolio Management
Manage slips, endorsements and processing (new policies and regular endorsements); update relevant monitoring tools/spreadsheets (premium/brokerage); work with the accounts team to ensure timely production of invoices; assist with claims as required; work in accordance with the WTW Client Excellence Model and comply with WTW policies, including participation in risk management and completion of mandatory training.

The role reports to the Executive Director, Credit and Political Risks.

Experience
Demonstrable experience within the Political Risk Insurance Market and/or trade finance industry with exposure to Political and Credit risks; understanding of insurance market dynamics and core processes; experience developing relationships with underwriters, both Lloyd’s and company markets; exposure to wording negotiations; experience managing effective client relationships.

About You
Strong communication and presentation skills; ability to interpret and utilise data effectively; good understanding of compliance and regulatory requirements; strong organisational skills and attention to detail; proficiency in Microsoft Excel, PowerPoint and Word; additional language skills are advantageous but not essential.

Qualifications
Relevant qualifications or equivalent experience in the insurance or financial services sector are desirable but not explicitly stated.