Broker â Excess Casualty
Broker â Excess Casualty
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$ 70000 - 140000
1 Vacancy
Job Description
The Broker serves as the primary liaison between insurers and clients. This person is responsible for managing client relationships deploying placement expertise and helping to drive revenue growth within the assigned office.
Provide knowledge leadership insight and direction for broking activities to ensure that clients expectations are regularly met or exceeded. This role incorporates a wide level of expertise but always assumes the broker is capable of handling accounts independently. The size and complexity of the account can vary. Responsible for ensuring that relevant regulatory and technical standards are met.
Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role:
- Orchestrate new business placement renewals and alterations of existing coverage
- 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 clients; 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 to secure optimum terms and conditions for clients
- Oversee design and preparation of draft proposals; negotiate and finalize 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
Qualifications
The Requirements:
- High School Diploma required; Bachelors Degree preferred
- 5 years industry experience
- Property and Casualty license required
- Strong group presentation skills (written and verbal)
- 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
- Receptive to feedback; critical thinking and problem-solving skills; high adaptability
- Knowledge of end-to-end insurance process including process owners and rationale/purpose of key steps
- 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 technology-based record management systems; basic MS Office skills and familiarity with other relevant online
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 $70000 $140000 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 (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.
EOE including disability/vets
Employment Type
Full-Time
