drjobs Client Advocate - Commercial Insurance (Retail and Distribution)

Client Advocate - Commercial Insurance (Retail and Distribution)

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 120000 - 140000

Vacancy

1 Vacancy

Job Description

Description

The Client Advocate is responsible for maintaining and cultivating client relationships. The Client Advocate role has a strong connection to the clients business and a fundamental understanding of its industry. The Client Advocatecontributes to and generates new opportunities with prospects by developing and closing on expanded business services products and solutions with existing clients. Client Advocates drive the RFP response process including coordination of key internal stakeholders work in conjunction with the RFP team on the overall response presentation and participate in or lead the oral a Client Advocate are responsible with developing innovative solutions. Client facing responsibilities expected to be 90%.

A Client Advocate (CA) will need to have:

  • Strong negotiation skills
  • Strong management skills (mentoring and leading ACAs)
  • Strong project management skills
  • Strong presentation skills
  • An advocate for change

Note: Employmentbased nonimmigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

As a senior member of the organization you will have additional responsibility serving as:

  • A mentor to colleagues
  • A Subject Matter Expert for one or more lines of business and/or Industry Vertical and/or
  • A Team Leader
  • Contributes to new business opportunities for new clients and develops business opportunities with existing clients
  • Drives the RFP response process including review identification and coordination of resources and expertise required and ultimate document ownership
  • Engages with sales and broking to understand marketplace changes
  • Retains existing book of business and develop and strengthen client relationships recognized as primary client relationship contact
  • Establishes comprehensive understanding of clients industry business and objectives
  • Provides strategic planning and consulting advice to clients; monitors insurance and risk management needs in collaboration with WTW resource practice and industry groups. Recommends appropriate solutions throughout the policy term (including acquisition due diligence)
  • Drives creation and delivery of E365 Plan and Client Stewardship report
  • Identifies engages and integrates delivery of all WTW internal resources to deliver on the client experience
  • Leads and mentors account team members
  • Maximizes the profitability and retention of their book of business
  • Negotiates creates and delivers fee/compensation agreements to clients
  • Informs clients insurance program design and strategy by working in conjunction with Broking to ensure utilization of appropriate analytical tools
  • Drives design and delivery of client presentations/proposals client advocacy reports client service plans and schedules
  • Drives the renewal process to establish and implement the clientspecific renewal strategy. Collaborates with WTW resource practice and industry groups to develop and deliver renewal to clients.
  • Ensures Group policy requirements (legal regulatory & compliance) are met
  • Other duties as identified and appropriate to ensure exceptional client experience


Qualifications

The Requirements

  • Targeted 8 years of commercial Property & Casualty experience in a client facing role or demonstrated capabilities to complete role responsibilities
  • Able to apply knowledge of coverage forms in the analysis of program design the identification of coverage gaps and ongoing coverage consultation
  • Ability to interpret analyze and present analytical models
  • Relationship Management skills: able 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 and theability to drive conflict resolution and secure concessions mitigating injury to client relationships
  • Business Acumen; knowledge of strategy tactics and solutions for the client and/or in the marketplace
  • Knowledge of commercial insurance renewal endtoend process steps and owners
  • Excellent verbal and written communication skills; group presentation skills ability to drive complex/technical conversations
  • Excellent project management skills: endtoend oversight of large complex ambiguous or multidimensional projects
  • Effectively advocates for change. Provides encouragement takes control of team projects leads key work areas collaborates with others provides clear guidance to ensure others fulfill roles effectively
  • Receptive to feedback; critical thinking and problemsolving skills high adaptability
  • Intellectual curiosity to help develop innovative and creative ideas
  • Proficient Microsoft Office skills and familiarity with other relevant online tools
  • Must achieve and maintain insurance brokers P&C license and complete various continuing education activities as needed
  • Insurance industry designations preferred but not required (CPCU ARM CIC CRIS CRM)

This position will remain posted for a minimum of three business days from the date posted or until 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 base 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.

Compensation

The base salary compensation range being offered for this role is $120000$140000 USDper 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).

EOE including disability/vets



Employment Type

Full-Time

About Company

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.