Broker - Cyber

Willis Towers Watson ,
London, Greater London
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Job Description

The Role Responsible for the programme design and placement of Cyber business into the relevant insurance market. As a Broker within this division, you will be involved in transacting business from around the world into the London markets. Responsibilities: Broking * Ability to understand a client or prospect's business, situations, opportunities, problems and key issues * Ability to manage relationships and negotiate placement with the insurance market * Prepare client and prospect presentations considering the impact of client profitability * Work with Account Executives and Sales Team in determining appropriate solutions and structuring and pricing the deal * Identify appropriate markets and determine placing strategy * Create and grow relationships with underwriters in London and international markets * Experience in pricing and designing conceptual programmes * Participate in information gathering exercises. * Ensure ongoing compliance with Willis Towers Watson guidelines and procedures. Client Relationship Management * Understand the clients' business and risk management needs and look for solutions to deliver those needs through the provision of ongoing service * Identify primary budget holders and decision makers within clients, establish and maintain active relationships with these people * Provide technical, industry and subject matter expertise where required * Grow existing portfolio by identifying new, and/or existing opportunities Business Development * Responsibility for supporting the drive of the sales process and business area practice activity in relation to winning, retaining and developing profitable new clients The Requirements: * Preferably ACII qualified or working towards the ACII qualification * A proven track record in Insurance Broking or Underwriting is essential * Good knowledge of the Cyber insurance market in order to address client and technical issues * Fluency in an additional language is preferred but not essential * Good communication, negotiation and interpersonal skills * Excellent technical skills * Good presentation abilities * Ability to assimilate and apply large volumes of information rapidly * 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 * Comfortable explaining complex concepts and making recommendations to clients/client servicing teams * Must be able to forge links between broking and client servicing teams * 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, complying at all times with FCA requirements. * Good IT skills with excellent Excel usage capability Equal Opportunity Employer

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