Associate Director - Credit and Political Risk

The Role

A role for a Broker has arisen for an enthusiastic self-motivated individual to join our Financial Institutions’ Political Risk & Structured Credit team which forms part of the Financial Solutions (FS) global line of business. This role will involve coordinating and contributing to the marketing and negotiation of business within the Asia-Pacific Markets on a day-to-day basis for various clients.

Key responsibilities will involve:

• 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
  • General support to clients by email, telephone and face to face meetings as required.
  • Putting together market submissions and understanding clients’ needs, and summarizing market feedback accordingly.
  • Developing new and existing clients, guiding them through the process from initial meetings and engagements to binding first policies.
  • Structuring solutions for clients trading and investing in both OECD and developing economies.
  • Preparation for market presentations to ensure client’s requirements best presented.
  • Work with multiple stakeholders on projects within FS as and when appropriate.
     
• Operational / Portfolio Management
  • Slips, endorsements and processing (new policies and regular endorsements).
  • Updating the relevant monitoring tools/spreadsheets (premium/brokerage).
  • Working with the accounts team to ensure timely production of invoices.
  • Assisting with claims as and when required.
  • Responsible for working in accordance with the WTW Client Excellence Model, and compliance with the WTW policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.

The Requirements

• Up to 5 years’ experience in the Political Risk Insurance Market, and/or trade finance industry including exposure to Political and Credit risks, other banking and financial professionals with a strong willingness to learn also welcome to apply.
• Holds BCP and ComGI, or relevant certifications
• Sound understanding of insurance market dynamics and core processes.
• Develop/Establish relationships with underwriters, both Lloyd’s and company markets.
• Exposure to wording negotiations.
• Effective communication and presentation skills.
• Experience of managing effective client relationships.
• Ability to interpret and use data optimally. 
• Good understanding of compliance and applicable regulation.
• Highly organized and attention to detail.
• Good use of Microsoft Excel, PowerPoint, Word.
• Foreign language(s) a plus but not a must

Equal Opportunity Employer