WTW
Overview
L&C Casualty Senior Broker, REH&L
role at
WTW . Large & Complex Casualty Senior Broker. Brokers oversee day-to-day placement and broking responsibilities for our largest and most complex accounts. They contribute to our vertical by supporting new business opportunities, developing business relationships with clients, internal stakeholders and markets; leading negotiations with underwriters regarding coverage terms, conditions and pricing on new and existing programs; evaluating quotes and preparing marketing reports; managing pro-forma analysis information and distribution; assisting in the development and deployment of industry-specific products and resources; and performing other duties as assigned. Responsibilities
Manages brokerage responsibilities for a book of new and recurring casualty exposures Leads broking communication efforts with underwriters and client teams Obtains and distributes information from client and/or client management teams Assists on or leads front end sales/RFP efforts Prepares/oversees creation of proposals, submissions and quotes Designs and prepares analytics/modeling material for clients in support of premium, collateral and/or program structure objectives for each renewal Reviews binders for accuracy and completeness Sorts and distributes work assignments for developing brokers Maintains and develops business relationships with WILLIS Client Advocates, Producers and senior underwriting contacts Curates knowledge of the client’s industry, insurance carriers and their business practices Participates in continuing education to maintain licensure and industry credentials Qualifications
Insurance broker’s P&C license Risk Management/Insurance degree preferred 8-10 years of experience preferred Large account loss sensitive experience Casualty coverage fluency Ability to negotiate collateral with an understanding of loss development and credit risk Demonstrated knowledge of core insurance principles & ability to articulate such knowledge to clients Demonstrated excellence in negotiation skills and influence skills are critical Demonstrated ability in conflict resolution and selling skills are a plus Attention to detail and process orientation Strong ability to deploy the full capabilities of Microsoft Office, in particular Excel and PowerPoint Understanding of required placement workflows Self-starter/requires minimal supervision; will seek guidance when needed Solid presentation skills—written or oral Enhancing client service skills Ability to deal with difficult client situations Demonstrates knowledge of insurance structures Note
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. Compensation and Benefits
The base salary compensation range being offered for this role is $130,000– $178,500 USD per year. This role is also eligible for an annual short-term incentive bonus. Base salary and benefits information for this position are included in accordance with pay transparency legislation. Salaries may vary by location, competencies, education/professional certifications, qualifications/experience, performance and potential for revenue generation (Producer roles only). Company Benefits
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program) Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only) Retirement Benefits: Contributory Pension Plan and Savings Plan (401k) At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a hybrid style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and hybrid is not a one-size-fits-all solution. We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more. Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider qualified applicants with arrest and conviction records. EOE, including disability/vets Seniority level
Mid-Senior level Employment type
Full-time Job function
Sales and Business Development
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L&C Casualty Senior Broker, REH&L
role at
WTW . Large & Complex Casualty Senior Broker. Brokers oversee day-to-day placement and broking responsibilities for our largest and most complex accounts. They contribute to our vertical by supporting new business opportunities, developing business relationships with clients, internal stakeholders and markets; leading negotiations with underwriters regarding coverage terms, conditions and pricing on new and existing programs; evaluating quotes and preparing marketing reports; managing pro-forma analysis information and distribution; assisting in the development and deployment of industry-specific products and resources; and performing other duties as assigned. Responsibilities
Manages brokerage responsibilities for a book of new and recurring casualty exposures Leads broking communication efforts with underwriters and client teams Obtains and distributes information from client and/or client management teams Assists on or leads front end sales/RFP efforts Prepares/oversees creation of proposals, submissions and quotes Designs and prepares analytics/modeling material for clients in support of premium, collateral and/or program structure objectives for each renewal Reviews binders for accuracy and completeness Sorts and distributes work assignments for developing brokers Maintains and develops business relationships with WILLIS Client Advocates, Producers and senior underwriting contacts Curates knowledge of the client’s industry, insurance carriers and their business practices Participates in continuing education to maintain licensure and industry credentials Qualifications
Insurance broker’s P&C license Risk Management/Insurance degree preferred 8-10 years of experience preferred Large account loss sensitive experience Casualty coverage fluency Ability to negotiate collateral with an understanding of loss development and credit risk Demonstrated knowledge of core insurance principles & ability to articulate such knowledge to clients Demonstrated excellence in negotiation skills and influence skills are critical Demonstrated ability in conflict resolution and selling skills are a plus Attention to detail and process orientation Strong ability to deploy the full capabilities of Microsoft Office, in particular Excel and PowerPoint Understanding of required placement workflows Self-starter/requires minimal supervision; will seek guidance when needed Solid presentation skills—written or oral Enhancing client service skills Ability to deal with difficult client situations Demonstrates knowledge of insurance structures Note
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. Compensation and Benefits
The base salary compensation range being offered for this role is $130,000– $178,500 USD per year. This role is also eligible for an annual short-term incentive bonus. Base salary and benefits information for this position are included in accordance with pay transparency legislation. Salaries may vary by location, competencies, education/professional certifications, qualifications/experience, performance and potential for revenue generation (Producer roles only). Company Benefits
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program) Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only) Retirement Benefits: Contributory Pension Plan and Savings Plan (401k) At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a hybrid style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and hybrid is not a one-size-fits-all solution. We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more. Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider qualified applicants with arrest and conviction records. EOE, including disability/vets Seniority level
Mid-Senior level Employment type
Full-time Job function
Sales and Business Development
#J-18808-Ljbffr