Marine Broker Job Vacancy At WTW – South Africa
CLOSING DATE : 30 DECEMBER 2023
Job Description
This Is A Role For The Marine Business Unit In South Africa – That Is Involved In Client Servicing, Placement Broking, Post Loss Risk Improvements & Supporting The Claims Team By Understanding The Circumstances Of Loss Incidents, Determining Policy Response, And Providing Complex Claims Advice.
You Should Develop And Maintain Relationships With The Regional Marine Market To Enhance Our Market Understanding And Placement Capabilities. You May Also Be Encouraged To Prepare Broking Submissions, Assimilate Complex Information, Analyse Exposure Data And Identify Appropriate Solutions To Meet A Client’s Needs.
The Role
Broke And Place Our Clients’ Risks Into The Regional Market In South Africa, Including Taking Responsibility For Identifying Suitable Markets And Determining Placement Strategy
Work With Underwriters To Develop Innovative Placement Solutions To Our Clients’ Problems, Plugging Gaps In Cover And Addressing Unmet Needs Where They May Arise
Coordinate With WTW’s Global Marine Broking Teams To Ensure Our Clients Get Access To The Best Markets Wherever They May Be Located Geographically
Undertake Complex Account Management And Servicing, Including Understanding A Client Or Prospect’s Business And The Key Risk Exposures That Face Their Business
Maintain And Build Client And Cedant Relationships Through Attendance At Meetings, Both In Person And Virtually As Needed
Ensure Clients And Cedants Are Kept Informed Of The Any Market Trends Or Developments That May Influence Their Business Or (Re)Insurance Coverage
Facilitate Renewal Of Our Clients’ Business In A Smooth And Timely Manner, Ensuring They Are Kept Updated Of Developments Throughout The Renewal Process
Research And Evaluate All Solutions (Insurance And Otherwise) To Identify And Develop Optimum Risk Solutions For Our Clients
Ensure Ongoing Compliance With WTW Guidelines And Procedures To Ensure The Highest Standards Of Service Are Maintained
Understand And Use Relevant WTW Systems To Support And Enhance Service Delivery
Work With Regional South Africa Marine Leadership To Build Pipelines, Identify Opportunities And Map Out Areas Of Potential Growth Across The South African Region
Work With Our Internal Sales Teams, Client Relationship Directors And Other Lines Of Business As Appropriate To Convert Identified Opportunities
Support Growth Of Our Marine Business Across The Region By Delivering Appropriate Levels Of Support To Retail Teams And In-Country BUs; Educate And Inform Them Where Necessary To Enhance Understanding Of The Product, And Improve The Quality And Consistency Of Service Delivery Across The Region
Ensure Our Value Proposition Is Clearly Articulated Internally To Increase Awareness Of Marine As A Vehicle For Growth Across The Region
Build Relationships With Other Regional Lines Of Business To Increase Connectivity And Opportunities To Cross-Sell And Collaborate On A Multi-Line Basis
Proactively Follow-Up On Leads To Support Production Of Marine Independently Where A Viable Opportunity Is Identified
Assist With RFP And Tender Responses, Including Taking Responsibility For Contribution To Writing And Presenting Of Our Response Orally Where Required
Qualifications
The Requirements
+5 Years Marine Broking Experience Is A Must
Preferably ACII Qualified Or Equivalent Industry Experience
Fluent In English
A Proven Track Record In Insurance Broking Or Underwriting
An In-Depth Knowledge Of Marine Insurance, To Address Any Client Questions And Technical Issues
Good Communication, Negotiation, And Interpersonal Skills
Experience Handling And Managing Complex Marine Clients
Willingness To Travel Locally & Internationally As Required.
Ability To Assimilate And Apply Large Volumes Of Information Rapidly
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 Client Servicing Teams And Clients
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 Local Regulatory And WTW Requirements.
Good IT Skills With Excellent Word And Excel Usage Capability
Preference Will Be Given To Applicants From Designated Groups, In Line With The South African Employment Equity Act.
WTW Is Committed To Finding Opportunities To Promote Workplace Flexibility When Possible Based On The Needs Of Our Customers And The Company. We Are Pleased To Say That This Role Meets The Criteria For Flexible Work.
