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.
Overview of Position:
The focus for this role is to work closely with Account Executives located in Willis offices across South Africa to provide effective and efficient placement service delivery to existing clients and prospects of Willis.
Role objectives:
Ensure adherence to Group Policies and Procedures including:
+ Third Party Producer requests, Sanctions approvals, New Client Checklists;
+ Placing file checklists; Ensure Compliance with Local Procedures and External Compliance Regulations
Maintain diary system for renewal and problem resolution information
Produce and ensure accuracy of Renewal Information Schedules, Acceptance Slips / Policy Wordings, and Renewal Premium Comparison Schedules
Identify appropriate markets
Ensure that Acceptance Slips are sent to and negotiated with market
Interact with Willis Offices for overseas placements (where applicable)
Ensure that firm order has been received from Account Executive before finalising placement with the market
Place Policies accordingly (including SASRIA where necessary)
Capture policies on the TIAL policy management system
Ensure that the invoices are captured correctly on TIAL or the financial system
Ensure that the WTW or insurer-issued Policy Documents have been received, checked and provided to the Account Executive within 30 days of inception / renewal
Accompany Account Executive to client meetings when required
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 and develop market/underwriting relationships through excellent verbal and written communication with the market at all stages in the placement process
Contribute to process improvements and effective utilisation of systems.
Qualifications
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Grade 12 (matric)
5 - 10 years' experience in the insurance industry, preferably in a broker role
FSB recognised post matric qualification (NQF 4 or higher)
Regulatory Exam (RE 5)
Accuracy and attention to detail
Use Initiative
Team player
Deadline driven
Quality orientated
Good planning and time management skills
Ability to work independently
Computer Literate in Microsoft Office (Excel, Word, PowerPoint and Outlook)
Working knowledge of TIAL an advantage
Sound technical knowledge of multiperil products
Working knowledge of assets all risks and specialist products
Must always be professional and able to interact effectively with all Stakeholders
We support role-appropriate working styles, and this role will be considered on a hybrid basis, subject to an initial 3-month onboarding period
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 candidate.helpdesk@willistowerswatson.com.
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