Senior Property Broker

TheSenior Property Broker for our Minneapolis-based Construction team is responsible for leading the placement and broking strategy for complex North American construction and real estate property clients including both new business and renewals. This role serves as a trusted advisor to clients and internal stakeholders by developing placement strategies negotiating with insurers analyzing risk and coverage options and delivering innovative insurance solutions. The Senior Property Broker builds and maintains strong relationships with producers underwriters and clients while supporting business development proposal creation and the successful execution of complex construction insurance programs.

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

The Role:

• Lead the placement and brokerage of new and renewal construction property accounts

• Develop and execute marketing strategies that achieve optimal coverage pricing and program structure for clients.

• Serve as the primary brokerage contact with insurers and producers leading negotiations on coverage terms conditions pricing and capacity.

• Build and maintain strong relationships with key underwriters producers client advocates and internal service teams to support placement success and business growth.

• Gather evaluate and distribute underwriting information from clients and producing offices to support the placement process.

• Design interpret and present analytics modeling and program comparisons to support client decision-making and placement strategy.

• Prepare or oversee the development of submissions proposals marketing reports quotations and other placement documentation.

• Review carrier quotations and provide strategic recommendations regarding coverage enhancements program structure and risk transfer solutions.

• Negotiate final carrier terms conditions and coverage confirmations while ensuring alignment with client objectives.

• Bind coverage and review binders policies and related documentation for accuracy completeness and compliance.

• Conduct peer reviews of insurance programs to ensure quality consistency and technical excellence.

• Participate in internal strategy meetings client presentations and insurer meetings to support account servicing and business development initiatives.

• Provide technical property expertise for complex and difficult-to-place construction risks.

• Review construction contracts and insurance requirements to evaluate risk transfer provisions identify coverage implications and provide recommendations to ensure alignment between contractual obligations and insurance program design.

• Stay informed of marketplace trends carrier appetite emerging coverage solutions and industry developments to deliver innovative client solutions.

• Perform additional responsibilities and special projects as assigned.

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The Requirements

• Active Property & Casualty insurance broker license required.

• Minimum of seven years of commercial property insurance brokerage experience preferably with construction-related risks.

• Demonstrated success managing complex client relationships and delivering exceptional client service.

• Strong understanding of commercial property insurance principles policy language coverage structures and construction-related exposures.

• Proven ability to develop and leverage internal and external relationships to deliver tailored client solutions utilizing WTW resources.

• Excellent written and verbal communication skills with the ability to present complex technical concepts to clients and executive stakeholders.

• Strong analytical skills including the ability to interpret evaluate and communicate risk modeling and financial analyses.

• Intermediate to advanced Microsoft Excel skills including spreadsheet development and data analysis.

• Outstanding negotiation influencing and relationship management skills.

• Demonstrated ability to manage multiple complex priorities while maintaining attention to detail and high-quality execution.

• Strong organizational problem-solving and project management skills with the ability to lead large complex and cross-functional initiatives.

• Conflict resolution and business development experience are preferred.

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 $120000.00-$210 000.00 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):

• 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.

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