Senior Excess Liability Broker
Senior Excess Liability Broker
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$ 150000 - 250000
1 Vacancy
Job Description
The Role:
- Orchestrate new business placement renewals and alterations of existing coverage
- Develop review and deliver presentations to secure new and build on existing relationships
- Work to develop industry specific products that are proprietary to Willis and provide IVD leadership on a national level
- Review and evaluate information and analytics to assess and evaluate client risks to support the placement of client risks in the market
- Research and evaluate all solutions (insurance and otherwise) to identify and develop optimum risk solutions for clients
- Provide coverage and program design advice and expertise to client; perform needs and gap analysis to make recommendations regarding program improvements
- Build strong partnerships with a broad range of organizations and stakeholders in the market in order to secure optimum terms and conditions for clients
- Set priorities and standards for the broking function and regularly review and evaluate the performance of the function to ensure it is relevant and cutting edge
- Work closely with associates to stay on top of changes in the marketplace
- Oversee design and preparation of draft proposals; negotiate and finalize of carrier quotes terms and conditions and coverage confirmations to ensure contract certainty
- Bind carrier quotes and review binders and coverage confirmations
- Request / Attend and participate in regular client and underwriter meetings
- Conduct program peer reviews
- Provide coaching to brokers in training
Note that visa employmentbased nonimmigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Qualifications
The Requirements:
- High School Diploma required; Bachelors Degree preferred
- 7 years industry experience
- Property and Casualty license required
- Strong group presentation skills (written and verbal); ability to drive complex/technical conversations and engage at executive level
- Relationship management and customer focus; ability to leverage internal and external relationships to bring WTW resources and assets tailored to client needs; ability to drive conflict resolution
- Negotiation skills: ability to develop innovative and creative solutions to do complex deals drive consensus across internal and external stakeholders to close deals
- Business acumen: knowledge of strategy tactics and solutions for the client and/or in the marketplace
- Project Management; ability to drive end to end oversight of large complex ambiguous or multidimensional projects
- Receptive to feedback; critical thinking and problemsolving skills; high adaptability
- Knowledge of endtoend insurance process including process owners and rationale/purpose of key steps
- Strong leadership skills; effectively advocates for change;Provides encouragement takes control of team projects leads key work areas and collaborates with others. Provides clear guidance to ensure others fulfill roles effectively
- Insurance technical skills; ability to apply knowledge of coverage forms in analysis of program design identification of coverage gaps and ongoing coverage consultation. Ability to interpret analyze and present models
- Technology acumen ability to utilize technologybased record management systems; basic MS Office skills and familiarity with other relevant online tool
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
The base salary compensation range being offered for this role is $150000 $250000 USD per year. This role is also eligible for an annual shortterm 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) ShortTerm Disability LongTerm 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 inperson 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 onesizefitsall 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 locationbased arrangements. Please speak to your recruiter to discuss more.
EOE including disability/vets
Required Experience:
Senior IC
Employment Type
Full-Time
