London, England, GB
1 day ago
Carbon Insurance Broker

Summary:

A role for a Broker has arisen for an enthusiastic self-motivated individual to join our Carbon Insurance team which forms part of the wider Alternative Credit Insurance team within the Credit Risk Solutions (CRS) global line of business. This role will involve co-ordinating and contributing to the marketing and negotiation of business within the London Markets on a day-to-day basis for various clients and further building out WTW’s carbon insurance capabilities.

The Role: Some of your key responsibilities will involve:

Client/Network Engagement and Market Development

General support to clients by email, telephone and face to face meetings as required; Putting together market submissions and understanding clients’ needs, and summarising market feedback accordingly; Developing new and existing clients, guiding them through the process from initial meetings and engagements to binding first policies; Promoting, educating and networking internally with different WTW stakeholders to collaborate on new carbon credit insurance initiatives Structuring solutions for range of clients including financial institutions, carbon project developers, traders, brokers and carbon credit buyers. Preparation for market presentations to ensure client’s requirements best presented; Work with multiple stakeholders on projects within CRS and the wider WTW divisions as and when appropriate.

Operational / Portfolio Management

Updating the relevant monitoring tools/spreadsheets (premium/brokerage); Working with the accounts team to ensure timely production of invoices; Maintaining and reporting on relevant systems  Responsible for compliance and recording of relevant processes Assisting with claims as and when required; Responsible for working in accordance with the WTW Client Excellence Model, and compliance with the WTW policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.

Promotion and Thought Leadership

Contribute towards ACI’s ongoing engagement and promotion of the carbon credit industry through the writing of articles, networking, organisation and participation within events to promote the sector.

Broking

Presenting Carbon Insurance product offering to a range of existing and prospective clients. Negotiating and binding transactions for clients across multiple carbon insurance products.

Reporting

The role will be reporting to Director, Alternative Credit Insurance

The Requirements:

Your skills and qualifications will include:

Extensive years of experience in the Insurance Market, Carbon Credit Industry and graduates in relevant fields with a strong willingness to learn also welcome to applyPassion for Climate ResilienceUnderstanding of insurance market dynamics and core processesDevelop/Establish relationships with underwriters, both Lloyd’s and company marketsEffective communication and presentation skills - ability to explain novel and complex concepts in clear, simple termsExperience of managing effective client or stakeholder relationshipsAbility to interpret and use data optimallyOrganised, with experience in completing compliance tasks, administration and processes in a timely fashion.Good understanding of compliance and applicable regulationHighly organised and attention to detailComfortable working with ambiguityFinancial background (ability to understand financials and finance concepts) useful but not essentialGood use of Microsoft Excel, PowerPoint, Word; working use of CRM would be an advantage

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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