Broker Credit and Political Risk

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 Credit Risk Solutions (CRS) global line of business. This role will involve 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. It provides colleagues from across the WTW network with access to specialist Credit and Political Risk brokers and client managers, dedicated client solutions and thought leadership, and significant global insurance capacity.
CRS  works with network colleagues to deliver market-leading solutions to WTW clients, creating a competitive advantage in our placement strategies worldwide.

About the Team

CRS’ Political Risk & Structured Credit team is made up of recognised market leaders within the Political Risk and Credit market. Based in key Global hubs, including London, NY and Singapore, the team is responsible for servicing WTW’s global network & clients including corporates, export credit agencies, traders and financial institutions (banks and funds) among others. 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, offering complex solutions to all clients across industry sectors including Renewable Power, Manufacturing, Defence, Aviation, Technology and Oil and Gas and Natural Resources. We also focus on other niche sectors. We encourage all brokers to be involved across the whole portfolio rather than to fully specialise on one particular product or client type. This in turn promotes growth, development and elevated career paths.

The Role

Some of your 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 summarising 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 CRS 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 role will be reporting to Executive Director, Credit and Political Risks.

What you’ll bring 

Your skills and qualifications will include:

• Experience in the Political Risk Insurance Market, and/or trade finance industry including exposure to Political and Credit risks, 
• 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 organised and attention to detail;
• Good use of Microsoft Excel, PowerPoint, Word;
• Foreign language(s) a plus but not a must.

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. 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 candidatehelpdesk@wtwco.com