Lead Associate - Broking

Lead Associate - FINEX

The Lead Associate serves as primary and secondary broker for complex FINEX placements. Assists in identifying participating in and driving FINEX new business opportunities. Acts as subject matter expert for clients and WTW internal constituents. Engages in coverage analysis projects. Works directly with insurance markets for financial lines placements.

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

• Develop broking strategy for renewal and new placements
• Lead or co-lead negotiations of renewal and new placements with insurance markets on behalf of clients
• Perform research to understand clients and prospects business and industry
• Understand and explain complex coverage terms to clients and prospective clients
• Develop marketing strategy in conjunction with clients including underwriter meetings and presentations
• Review and evaluate information and analytics to assess and evaluate client risks to support the placement of client risks in the market
• Provide coverage and program design advice and expertise to client; perform needs and gap analysis to make recommendations regarding program improvements
• Research and evaluate all solutions (insurance and otherwise) to identify and develop optimum risk solutions for clients
• Develop review and deliver presentations to clients and prospective clients
• Ensure contract certainty for all placements including following WEM placement guidelines
• Lead new business opportunities on behalf of FINEX
• Build strong partnerships with a broad range of organizations and stakeholders in the market in order to secure optimum terms and conditions for clients
• Contribute to thought leadership and continuous process improvement of the Broking function
• Participate in program peer reviews where applicable
• Contribute to FINEX related product and service innovations

The Requirements

• 2-6 years industry experience
• Insurance brokers P&C and surplus lines license required
• Demonstrates knowledge of core insurance principles
• Ability to conduct research and understand basic finance accounting and statistics principals
• Self-starter requires minimal supervision
• Project management skills
• Strong presentation skills written and oral
• Skilled at client service
• Proven leaderships skills
• Good listener
• Ability to deal with difficult client situations
• Demonstrates knowledge of Insurance structures
• Technology acumen ability to utilize technology-based record management systems; basic MS Office skills and familiarity with other relevant online tools
• Travel required

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 qualifications education/professional certifications qualifications/experience performance in the role and potential for revenue generation (Producer roles only).

Compensation
The base salary being offered for this role is $90000 - $ role is also eligible for a Short-Term Incentive bonus plan.

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
• Retirement Benefits:Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

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.

EOE including disability/vets