Associate Broker

Job Description

The Role:

• Develop and lead market strategy and proposal review meetings with WTW team members to correspond with client presentation dates.
• Deliver market intelligence for strategy meetings and utilize available resources throughout the marketing process.
• Address client needs by identifying coverage gaps and highlighting new coverage opportunities for comprehensive program placements.
• Create innovative placement approaches to meet and exceed client expectations.
• Negotiate premiums, coverage enhancements, commissions, and existing coverages with carriers.
• Provide a thorough review and analysis of renewal information; including but not limited to, coverage, limits, loss history, and exposures.
• Provide thorough communication with all WTW team members, carriers, and/or wholesalers throughout the duration of each placement.
• Bind coverage and create and submit carrier binders/documents.
• Build and maintain strong carrier and wholesaler relationships.
• Attend and participate in Industry meetings.
• Keep informed of changing insurance and risk market conditions. Communicate changes and/or updates to WTW service team members as they relate to pertinent classes of business.
• Understand and comply with WTW Excellence Model Management (WEM) requirements.
• Collaborate and communicate with other client services teams and Shared Service Centers to smoothly and efficiently complete joint work/process steps/etc.
• Maintain performance to applicable Client Service and Placement standards and/or metrics.

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

Qualifications

The Requirements:

• Valid Property & Casualty license as required by state law, or ability to acquire appropriate licensing within 90 days of hire. Obtain Surplus Lines license within 180 days of hire.
• Commercial P&C insurance knowledge/experience is required and previous success in client facing work strongly preferred.
• 5+ years' insurance experience in a similar job function or with similar processes is strongly preferred
• Demonstrated excellence in negotiation skills and influence skills are critical.
• Superior interpersonal skills for working with colleagues and clients in a collaborative team environment, both in-person and virtually.
• Strong verbal and written communication skills to include phone conversation, email communication, and written presentations skills.
• Technology acumen to adapt to multitude of technology-based systems (Epic, carrier online rating systems, Broking Platform, etc.)
• Strong attention to detail and process orientation.
• Time Management and Organizational Skills in the face of changing deadlines and workloads.
• Ability to work independently, yet actively and appropriately engage the services provided by "extended team members" across the Shared Service Centers and Teams.
• Problem solving abilities, including critical thinking, research, quantitative skills, creativity.
• Basic to Intermediate level Microsoft Office skills to include Outlook, Word, PowerPoint, Excel, and Teams.
• Insurance designations such as CPCU, CIC and ARM are advantageous.

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 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 hourly rate or salary compensation range being offered for this role is $80,000 155,000. USD 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 or remote only)

Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).

WTW Work Flex: At WTW, we see things differently. We understand flexibility is key to supporting an inclusive and diverse workforce and so we have a variety of different working arrangements which we call "WTW Work Flex". We encourage colleagues and candidates to make requests for the types of flexible working arrangements that suit them. Visit our career site for more information:

EOE, including disability/vets

We're committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email View email address on click.appcast.io.

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.

If the position allows for flexible working:

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

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.

Job Info

• Job Identification 202603699
• Job Category Broking
• Locations One World Financial Center, New York, NY, 10281, US
• Job Schedule Full time