The Role
Placement Manager in our office will have the following responsibilities:
• Identify appropriate markets independently.
• Ensure that request for proposals is sent to and negotiated with market.
• Place Policies accordingly.
• Ensure that firm order has been received from Account Manager before finalizing placement with the market.
• Ensure that the insurer / WTW issued Policy Documents have been received, checked, and provided to Account Manager.
• Produce and ensure accuracy of Acceptance Slips / Policy Wordings, and Renewal Premium Comparison Schedules.
• Contribute to process improvements and effective utilization and improvement of systems.
• Ensure adherence to Group Policies and Procedures.
• Ensure Compliance with Local Procedures and External Compliance Regulations.
• Understand and discuss client’s requirements with the market, negotiate risks accordingly and obtain the best deal / quote, plus alternatives (risk covered and premium) from the market.
• Maintain good internal relationships with fellow colleagues and help to develop others by passing on skills and knowledge (technical, market and industry).
• Maintain and develop market/underwriting relationship through excellent verbal and written communication with the market at all stages of the process.
The Requirements
• University degree Economics, Business Administration, Political Sciences or Engineering, (Insurance focus can be a plus)
• Experience in Placement Broking for at least 10 years
• A high standard of commercial acumen and negotiation skills
• Enthusiastic team player with strong relationship building skills
• Presentation skills – confident and fluent delivery of key messages with excellent communication skills in English and Arabic
• A good analytical mindset, evidenced by previous fact-based decision making and excellent problem-solving skills
Benefits:
- Health and Life Insurance
Application Process
- Stage 1: Online application and recruiter review
- Stage 2: Interview with hiring manager and team
- Stage 3: Offer and onboarding
- We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [email protected].
WTW is an equal opportunity employer
