Senior Broker - Natural Resources (Downstream)

at  WTW

THE REQUIREMENTS

• Successful track with Natural Resources Insurance experience, within Broking or Underwriting.
• All Inclusive relationships in the Natural Resources Downstream market locally and overseas.
• Proven track record of developing relationships, strategies, and program design.
• Excellent stakeholder management skills with the ability to influence within a matrix environment.
• Demonstrated experience in providing exceptional client service and building of client relationships.
• Proactive and diligent approach to all tasks.
• Excellent attention to detail.
• Strong skills in problem solving, planning, and budgeting.
• High levels of business and financial acumen with an understanding of company strategy and change management.
• Preferably with professional qualifications, e.g. ACII or similar country equivalent, or relevant industry experience.

Responsible for a portfolio of clients and prospects with accountability for delivering optimum terms and conditions to meet the Clients requirements. Reporting to Head of Broking for Line of Business.

• Develop broking and placement strategies with the Account Director and Executive.
• Review slips for key clauses, and Commission Grid Brokerage.
• Negotiate terms with lead and follow carriers.
• Ensure market subjectivities are clear and actionable.
• Manage binding of markets and removal of subjectivities.
• Communicate broking progress to the Account Director an Account Executive.
• Accuracy to complete and bind markets on the PPL platform.
• Complete the Broking Platform for all lines placed and close placement before inception.
• Ensure timely agreement of slips and endorsements by markets to meet client deadlines.
• Support AD/AE in client meetings, prospecting, and joint account planning.
• Support revenue growth initiatives related to SMB, engineering, and commission.
• Contribute to RFPs with market insights, marketing strategy, placement structure, and pricing.
• Build and maintain relationships with carriers and support the carrier management team.
• Provide market insights on rating trends, emerging insurer focus areas, changes to terms and conditions.