At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help you sharpen your strategy, enhance organizational resilience, motivate your workforce and maximize performance.
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Stimulate revenue growth and meet business objectives by placing new and renewal business, improving retention rates, managing commission rates and utilizing group resources
Seek adequacy of coverage and competitive rates for clients and prospects
Negotiate terms for accounts and provide expertise for difficult to place business
Provide coverage and program design advice and expertise to Client Executives and clients
Provide knowledge to Client Executives and clients about markets and products
Prepare submission/coverage specifications and submits proposals to carriers for quotes
Receive quotes from carriers and negotiate the best program for clients, provide coverage comparison
Communicate with Client Executive or client regarding program improvements and recommendations
Preparation and finalization of Carrier and Client quotes & coverage confirmations to ensure contract certainty
Assist as technical resource for younger placement brokers
Qualifications
Requirements
5+ years’ experience in Financial Lines insurance (Commercial Crime, Professional Indemnity, Management Liability / Directors & Officers Liability or Cyber) with at least 5 years’ broking experience.
South African Citizen
FAIS compliant: RE5 as well as 120 credits at NQF level 5 (or relevant degree)
Technical knowledge of insurance contracts/structure
Knowledge and understanding of global marketplace
Experience in placing/handling complex risks
Compliance and quality management expertise
Computer skills, including Excel, Word, PowerPoint, Outlook
Computer system skills; ability to work within agency management systems
Ability to provide expert, in depth advice to client resulting in overall client satisfaction
Skilled at interfacing with customers
Strong presentation and communication skills in English
Support nationally based relationships with carriers and clients