Head of Broking - Global Construction Job at WTW, London

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Job Description

The Role

We now have a fantastic opportunity to join us as Head of Broking – Global Construction.

In this role, you will:

  • Assure that the Broking Platform is fully and properly adopted in all regions
  • Lead the Business Line Broking specialists within the global business line to deliver a differentiated client experience from the broking solution.
  • Set the broking strategy for the Business Line, agree segmentation broking solution between large and complex risks and mid-market risks
  • Lead all trading with insurers for the Business Line
  • Co-ordinate delivery of broking solutions to clients across the Line of Business
  • Set facilities and panels strategy for the Global Business Line
  • Execute Carrier Management strategy across Global Business Line

Major Accountabilities

  • Assure that the Broking Platform is fully and properly adopted in all regions
  • Implement the Global Business Line broking strategy coordinating with global and geography broking leaders
  • Line management of brokers within the Global Business Line, set objectives and remuneration
  • Ensure single risk trading with carriers delivers best outcomes for clients
  • Ensure broking best practice is applied consistently across the Global Line of Business
  • Design broking segmentation on strategy for the Global Line of Business
  • Design facilities and panels strategy in Global Line of Business, in collaboration with Geography Broking Leaders and Geography Facilities Team
  • Ensure Market Derived Income adherence, training and timely MDIC submissions for the Global Line of Business

Financial KPIs

  • Help deliver Global Business Line financial performance
  • Manage and drive market derived income for the Line of Business, with Global Head of Broking and geographic broking lead and with Group Legal and Compliance as appropriate.
  • Work in the best interest of the client, whilst managing all key stakeholder performance from placed business

This is a Certification Regime role under the Financial Conduct Authority’s (FCA’s) Senior Manager and Certification Regime and will be subject to the FCA’s Conduct Rules.

The Requirements

  • Educated to a degree, or MBA level (or country equivalent)
  • Professional qualifications such as ACII or similar country equivalent, or relevant industry experience
  • Extensive knowledge of the insurance market and ability to understand potential conflicts of interest in CRB activity
  • Ability to demonstrate evidence of a highly professional and credible approach across the broking market community, resulting in an understanding of client and technical issues and capability to solve
  • Exceptional communication, negotiation and influencing skills
  • Excellent leadership skills, with a proven track record of developing people
  • Excellent stakeholder management skills with the ability to influence within a matrix environment
  • Strong facilitation skills – able to use inclusive and collaborative styles to manage ambiguity and gain agreement
  • Ability to act as an ambassador for the Company
  • High levels of business and financial acumen with an understanding of company strategy and change management
  • Strong skills in problem solving, planning and budgeting

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.

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