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Lead Associate

WTW
Posted 18 days ago, valid for 5 days
Location

London, Greater London EC1R 0WX

Salary

ÂŁ45,000 - ÂŁ54,000 per annum

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Contract type

Full Time

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Sonic Summary

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  • The Lead Associate position in the North American Casualty team involves supporting a portfolio of large, complex clients across various industry sectors.
  • Candidates should have relevant insurance industry experience and a degree level education or comparable industry experience, with a preference for those with at least 3-5 years of experience.
  • The role requires strong communication, negotiation, and relationship-building skills, as well as the ability to manage competing timelines and processes effectively.
  • Responsibilities include client service, placement management, and supporting team leaders on strategic initiatives to grow and retain client relationships.
  • The salary for this position is competitive and commensurate with experience, reflecting the importance of the role within the organization.
Lead Associate – North American CasualtyIn this role you will support a portfolio of large, complex clients working as part of our North American Casualty team. You will have the opportunity to work in a fast-paced environment and engage with a diverse group of clients from a variety of industry sectors.  Principal Duties/Responsibilities:Client Service and Operations:
  • Develop strong relationships with clients and internal partners
  • Manage changes in client circumstances to ensure that the cover provided matches their needs
  • Where a client’s needs cross over into other WTW specialties, liaise internally to ensure that WTW maintains a consistent approach
  • Understand, apply and explain the business unit policies and procedures
  • Provide technical, industry, and subject matter expertise where required 
  • Always operate within the business’s policies and procedures
  • Communicate effectively with clients, markets, and others to maximise service delivery level
  • Develop good knowledge of all internal WTW and industry systems maintaining and ensuring all internal metrics are met
  • Liaise with offshore processing centres to ensure timely premium payment flow
  • Support peer Account Handlers and Senior Brokers through timely administration of client accounts
Placement Management:
  • Negotiate and place complex liability insurance programs on behalf of clients
  • In coordination with US colleagues, prepare underwriting submissions for distribution to London insurers
  • Demonstrate good knowledge and understanding of London Market Reform Contracts including quote, binder, and policy review
  • Undertake renewal market presentations/negotiations and make appropriate recommendations
  • Optimise revenue from new and existing clients through effective management of placement channels, facilities and markets for the specific client segment of the business
  • Ensure transparency of agency and other commitments made to carriers and clients
  • Ensure compliant processing of contracts as per FCA and contract certainty requirements
Retention and Growth:
  • Support team leaders on various strategic initiatives including development of new products, tech enabled growth initiatives, and various process improvements.
  • Work with WTW Account Executives to:
  • Develop and maintain a pipeline of prospects  
  • Actively preserve and grow relationships with US retail network and client servicing teams to provide coordinated client service
  • Respond quickly and accurately to ad hoc client service requirements and new business introductions
  • Actively identify opportunities to work with colleagues across the business to capitalise on account penetration and cross selling opportunities
  • a proactive, fast learner who can execute in a team environment
  • a strong relationship builder who is comfortable in a client facing role
  • solutions driven with an ability to own / manage various processes
  • detail oriented and able to manage competing timelines
  • relevant insurance industry experience (preferred)
  • degree level education or comparable industry experience
  • strong communication, negotiation and influencing skills
  • strong skills in problem solving, planning, data analysis, and numeracy
Equal Opportunity Employer At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

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By applying, a Reed account will be created for you. Reed's Terms & Conditions and Privacy policy will apply.