Job Information
WTW Corporate Risk & Broking, Associate Director, Sales Management - Korea in Seoul, South Korea
The Business:
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.
A role for a broker within the Reinsurance team in Korea has arisen for an enthusiastic and highly motivated individual.
The role will involve working in a team focussing on a broad base of clients in the Asia Pacific region and daily monitoring of reinsurance operation and within-company governance.
The Role:
Overview of the role:
Duties and responsibilities will include but not be limited to :
Leading the day-to day management and administration of the reinsurance portfolio, including contractual amendments, settlements and claims processing as well as renewals and generally providing post-renewal support and documentation
Leading the broking strategy and placement of individual accounts including new business and renewals
Liaising with clients and reinsurance market participants on new deals for portfolio expansion and sales enhancement
Structuring of complex reinsurance programmes (including proportional and facultative obligatory facilities) to help local insurance companies better manage their risk portfolio
Broking new risks in the worldwide company markets for best pricing given bespoke scope of coverage specific to needs of each client
Negotiating policy wordings, coverage extensions, policy limits, deductibles and subjectivities
Binding risks and preparing contractual documents for internal record and client record
General advisory services and support to the client by email, telephone and face to face meetings as required.
Managing accounting and settlement of premium and claims in a timely manner
The Requirements
The ideal candidate will have the following skill sets & attributes:
Bachelor’s degree
At least 10-year experience related to Insurance, reinsurance or broker.
Strong skills in problem solving and analytical skills in complex business situations
Rigorous inter-personal and communication (written and verbal) skills to maintain face-to-face and telephone contact with clients and Underwriters
Excellent ability to communicate effectively with a strong focus on client service in a timely manner
Strong negotiation and influencing skills
Ability to work under pressure to tight deadlines
Proven experience successfully managing insurance related consulting and/or projects and producing quality deliverables on time
Demonstrate proficient presentation skills in client reports, recommendations and presentations
Native Korean and business level English
Preferabley hold the relevant broker certificate