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Willis Towers Watson

Senior Associate (Broking)

The Company
Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance.
Together, we unlock potential.
Learn more at www.willistowerswatson.com

The Segment

Corporate Risk and Broking
We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate, and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results.

The Role
• Provide client and market broking support to our Singapore NR Power team and regional offices in Asia into the various insurance and reinsurance markets in Asia.
• Provide client and market broking support to our Dubai / London office into the various insurance and reinsurance markets in Asia.
• Work with insurance / reinsurance market leaders to set terms and achieve 100% market support behind these terms.
• Support the Chief Client Officer to develop new prospects and service existing Clients.
• Negotiate wordings, clauses, terms, and other technical issues with both 
Clients and insurers / reinsurers.
• Support the Head of Natural Resources for Power for monthly Power budgeting / accounting
• Work closely with the allocated junior power broker to service and place insurance / reinsurance. On the job training to be provided and allow for growth in managing the junior broker colleague.
• Coordinate administration and Closings with our Back Office team in Mumbai, ensuring an efficient and effective work process.
• Work closely with our engineering and claims team to provide technical support to Clients and prospects.
• All duties and work activities shall be undertaken in accordance with WTW Corporate Policies and Compliance Framework.

Qualifications:
• High school diploma (equivalent)
• Polytechnic Diploma / University Degree

Skills:

• Minimum 5 years’ experience as a power insurance / reinsurance broker and/or underwriter in the Asia market
• The candidate must be fluent in English and preferably Mandarin to cater for Mandarin speaking Clients in Asia
• The candidate must have knowledge and a good understanding of the Asia and London insurance market dynamics to enable efficient interaction and broking
• The candidate must have a good understanding of the role of the broker by serving Clients needs in Asia but also working with insurance / reinsurance markets as stakeholders to our business
• The candidate must have a deep understanding on structuring an insurance / reinsurance placement program and develop a broking strategy to meet Client needs, expectations and set targets
• The candidate must work closely with the team to ensure an efficient flow of business transaction and communication between Clients / Markets / WTW
• The candidate must value the various cultural differences in Asia and adapt to WTW Country and Clients needs

Willis Towers Watson is an equal opportunities employer and does not discriminate on any basis. We support flexible working and this role will be considered on a flexible basis.

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