The Role:
The Cyber Broker serves as the primary liaison between insurers and clients. This person is responsible for managing major client relationships deploying placement expertise and helping to drive revenue growth.
Serves in a capacity handling Cyber/E&O Alternative Asset Insurance Solutions (AAIS) accounts. This individual will advise clients and perform policy contract reviews and negotiate competitive terms and conditions for Cyber and E&O placements.
Assists in developing the growth strategy. Acts as a thought leader and contributes to business objectives. Acts as a mentor to colleagues.
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Responsibilities:
Function as a senior resource on cyber/e&o accounts within the practice; participate in client communications/conference calls/meetings and provide technical expertise
Maintain a significant book of business
Place large complex programs in the financial lines marketplace
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 Alternative Asset Insurance Solutions practice (AAIS)
Act as a thought leader (e.g. contribute to AAIS content representing the Cyber Team and Willis Towers Watson on industry panels webinars social media etc.)
Contribute to the development of a growth strategy
Manage pipeline of prospects and updating financial reports for senior management
Collaborate with other LOBs to cross sell products and services
Maintain and develop relationships with insurance carriers partners
Foster relationships with existing and prospective clients
Assist CRB colleagues with cross-sell efforts
The Requirements
High school diploma required; undergraduate degree preferred
3-10 years of experience in underwriting or broking
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 Strong leadership and mentorship skills
Enhanced client service skills
Ability to provide expert in-depth advice to client resulting in overall client satisfaction
Strong presentation skills
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 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 $180000.00-$225 000.00 USDannually.
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):
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.
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