WTW
Description
Large & Complex Casualty Senior Broker Brokers oversee day-to-day placement and broking responsibilities for our largest and most complex accounts. Brokers are expected to meaningfully 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
The Requirements
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: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. This position will remain posted for a minimum of three business days from the date posted or until a sufficient/appropriate candidate slate has been identified. Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only). Compensation 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. Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply): 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 (https://cdn-static.findly.com/wp-content/uploads/sites/1862/2023/01/31091722/Washington-State-Time-Off.pdf) ( 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 for employment qualified applicants with arrest and conviction records. EOE, including disability/vets
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Large & Complex Casualty Senior Broker Brokers oversee day-to-day placement and broking responsibilities for our largest and most complex accounts. Brokers are expected to meaningfully 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
The Requirements
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: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. This position will remain posted for a minimum of three business days from the date posted or until a sufficient/appropriate candidate slate has been identified. Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only). Compensation 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. Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply): 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 (https://cdn-static.findly.com/wp-content/uploads/sites/1862/2023/01/31091722/Washington-State-Time-Off.pdf) ( 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 for employment qualified applicants with arrest and conviction records. EOE, including disability/vets
#J-18808-Ljbffr