Associate Director Broking

7 hours ago


Johannesburg, South Africa WTW Full time

The Associate Director Broking will be responsible for providing advice, as well as the negotiation of Property (Assets All Risks, Political Violence, Sasria) placement terms for Clients of Willis Towers Watson across South Africa and multi nationals. The jobholder will provide technical knowledge and expertise to WTW colleagues, and will engage in servicing and advising prospects and clients with regards to placements. S/he will assist in the management of portfolio and also work on products as required. S/he will provide advisory services to clients directly or through account executives, and will negotiate with insurers to obtain best terms, conditions, coverage and pricing for clients. Additionally, this role will require participation to overall WTW growth efforts, including participation in RFPs, new business presentations/prospecting, M&A due diligence and prospect auditing.

**The role**

Essential Accountabilities include but are not limited to:

- Gathering information to assess and evaluate client risks in order to support the placement of client risks into the market.
- Keeping up to date on market solutions in order to identify and develop optimum risk solutions for clients.
- Ensuring that quality and compliance procedures and processes are adhered to.
- Managing complex new business placement, renewals and audits of existing cover
- Recording all information accurately on the appropriate systems.
- Drafting of bespoke insurance policies for corporate clients (in particular mining)
- Co-ordinating with client advocates from other departments that support the broking process
- Developping technical skills further and Mentoring & training junior colleagues.
- Providing as second set of eyes analysis with respect to quotes against specifications, and binders against quotes.
- Checking all policy documentation including policy endorsements, renewal binders, and corrections and send to account managers once correct
- Supporting and building on local and national relationships with carriers
- Creating client renewal strategy presentations, and attending client meetings as required
- Communicating with clients directly as required
- Working with carriers to establish proprietary market/WTW offerings and wordings

**The Requirements**
- Minimum 10 years’ industry experience with at least 5 years broking (in Mining)
- South African Citizen
- FAIS compliant: RE5 as well as 120 credits at NQF level 5 (or relevant degree)
- Risk management and alternative risk transfer experience
- Ability to conduct research
- Understanding of required placement workflows
- Ability to thrive in a fast-paced environment with multiple priorities
- Experience in drafting bespoke Assets All Risks policies for large corporate clients
- Passion for excellence and detail orientation
- Self-motivation and entrepreneurial outlook with solid interpersonal skills and presentation skills
- Ability to be an effective team player
- A focus on customer service as a key deliverable is essential
- High level of comfort presenting directly to C-Suite clients

Equal Opportunity Employer



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