Senior Cyber BrokerTeam Leader

Boston, NH - USA

Monthly Salary: $ 200000 - 235000

Posted on: 12 hours ago

Vacancies: 1 Vacancy

Department:

Operations

Job Summary

Description

The Senior Cyber Broker/Team Leader serves in a capacity handling Cyber/E&O FINEX accounts. Key roles of this individual include advising clients on the cyber insurance marketplace and providing guidance on appropriate risk transfer options to align with clients cyber risk management philosophy. Leads manages and develops a team of brokers. Assists in developing and participating in the growth strategy for the region. Acts as a thought leader and contributes to business objectives including relationship building with carriers. Ability to work independently. Manages a complex book of business consisting of large cyber/E&O programs for FINEX clients.

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

The Role

Function as a senior resource on large and complex cyber accounts within the practice; participate in client communications/conference calls/meetings
Leads manages and develops a team of Cyber brokers providing leadership direction advice and guidance to the team and maintaining high levels of integrity motivation and morale
Stay up to date on cyber market trends and their impact to cyber insurers portfolios and client
Provide technical expertise on cyber insurance policies including all key primary and excess policies
Develop and maintain relationships with underwriters and business development personnel at cyber insurers
Maintain a significant book of business
Perform policy contract reviews; negotiate competitive terms and conditions
Contribute to business growth objectives (e.g. participate in RFP responses/presentations attend proactive sales meetings place new business opportunities)
Assist in achieving the goals and objectives of the NA Cyber Practice and FINEX North America
Act as a thought leader (e.g. contribute to FINEX content representing the Cyber Team and Willis Towers Watson on industry panels webinars social media etc.)
Contribute to the development of a growth strategy for the region
Manage pipeline of prospects and updating financial reports for senior management
Collaborate with other LOBs to cross sell products and services
Foster relationships with existing and prospective client
Assist FINEX and CRB colleagues with cross-sell efforts

Responsibilities

Qualifications

The Requirements

8 years of experience in underwriting or broking
Undergraduate degree preferred; High school diploma or equivalent required
Excellent leadership skills with a proven track record of developing people
Proven ability to design and execute strategies able to use inclusive and collaborative styles to manage ambiguity and gain agreement
Insurance brokers P&C license required
Technical knowledge of insurance contracts/structure
Knowledge and understanding of global marketplace
Knowledge of and experience working with Cyber E&O and Intellectual Property insurance products
Enhanced client service and presentation skills

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 (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $200000-$235000 USDper 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 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 (only included for Washington roles)
Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans eligibility requirements.

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

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.

Required Experience:

Senior IC

DescriptionThe Senior Cyber Broker/Team Leader serves in a capacity handling Cyber/E&O FINEX accounts. Key roles of this individual include advising clients on the cyber insurance marketplace and providing guidance on appropriate risk transfer options to align with clients cyber risk management phil...