Broker Review
at WTW
Higher Level Apprenticeship
Insurance and Risk Management
London
Review Submitted: February 2023
Overall Rating
3.4 /5
The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!
3.5/5
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Overview of Role
4/5
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Skills Development
2.8/5
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Structure and Support
Overview of Role
Please give an overview of your role and what this involves on a day-to-day basis:
4/5
As a broker for WTW in the Construction Team my role involves reviewing risks and taking them out to the market to get them placed. I negotiate with Insurers to get the best terms for our client and manage the markets. I also take around project extensions and advise of changes to the project.
To what extent do you enjoy your programme?
3/5
I enjoy my programme a lot. I am given a lot of freedom and authority in my role and my team are very helpful and always happy to help. I really enjoy the people on my scheme and we regularly meet outside of work with some. However, I do think the workshops for the exam move at a fast pace that isn't always inclusive of where everyone is in their studies.
Skills Development
Have you learnt any new skills or developed existing skills?
4/5
Since being at WTW, I have developed my teamwork skills working day to day in a large team. I have also improved my negotiating skills when dealing with Underwriters. My written skills have improved due to the need to write concise and formal emails on a regular basis. I have also improved my mental arithmetic due to the need to calculate rates quickly.
Structure and Support
How well organised/structured is your programme?
3/5
I think the programme is fairly well structured. We have monthly calls with my coach who helps with any issues i have and the provider ensures the exams are passed in time and sort out vouchers if you fail. However, I do think that the tutor shouldn't set additional work outside of your job and the exams as we already have a lot going on and this adds to workload.
How much support do you receive from your employer?
4/5
I receive a lot of support from my employer. My line manager and team are happy to help with any questions I might have and go out of their way to assist me. The head of division is supportive and aware of the exams you take. I don't hear too often from the Apprenticeship Team at WTW but when I do it's with helpful information.
How much support do you receive from your training provider when working towards your qualifications?
3/5
The provider offers workshops for the exams and helps to provide support on a 1 - 1 basis if you're struggling. They can clarify any text you're unsure of and provide tips for how to revise / answer the questions. There are plenty of materials they can provide to assist with your studies.
How well do you feel that your qualification (through your training provider) helps you to perform better in your role?
2/5
To a limited extent. Whilst the exams do give me a better understanding of Insurance, the ones I have completed to date aren't particularly specific to me in my role and don't focus on each class of business. Some of the exams aren't always solely insurance focused either.
Are there extra-curricular activities to get involved in at your work? (For example, any social activities, sports teams, or even professional networking events.)
2/5
There are a lot of networking events put on and thre are always reminder and invitations sent around for external networking events. There aren't many sports teams (aside from the Lloyd's 7's) however I have enquired about and am looking at setting up a WTW football team.
Recommendations & Advice
Would you recommend WTW to a friend?
Yes
Why?
WTW is a great place to work. Everyone is very friendly and there are lots of opportunities to work in many different roles around the world. They have a good internal promotion ethos and there is always support available. The London office is a great location and WTW offers many benefits to its employees.
What tips or advice would you give to others applying to WTW?
I would advise people to read up on the company and it's culture. Don't be afraid to ask questions, and showing your personality is a great thing. Having a clear idea of where you want to end up and what interests you is also very important. Also practice your cognitive skills for the interview.
