Senior Property Broker-Remote
WTW
Senior Property Broker
~Full time
The Senior 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.
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.
Gather, evaluate, and distribute underwriting information from clients and producing offices to support the placement process.
Review carrier quotations and provide strategic recommendations regarding coverage enhancements, program structure, and risk transfer solutions.
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.
Perform additional responsibilities and special projects as assigned.
Active Property & Casualty insurance broker license required.
Minimum of seven years of commercial property insurance brokerage experience, preferably with construction-related risks.
Strong understanding of commercial property insurance principles, policy language, coverage structures, and construction-related exposures.
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.
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.
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).
This role is also eligible for an annual short-term incentive bonus.
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., 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.
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. 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. EOE, including disability/vets
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