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Location
New York City, NY, United States
Posted on
Apr 22, 2019
Profile
Senior Broker for Large & Complex Causality provides knowledge,
leadership, insight and direction for complex casualty broking activities to
ensure that clients’ expectations are regularly met. This role
incorporates a wide level of expertise, but always assumes the broker is
capable of handling accounts independently. Experienced brokers
may be responsible for training and supervising Associate Brokers, but
mentoring and leading junior associates is expected. Responsible to
ensure that relevant regulatory and technical standards are met. Helps
drive the broking team to achieve agreed operational and financial goals and
objectives.
The Role
Employment-based non-immigrant visa sponsorship and/or
assistance is not offered for this specific job opportunity.
Senior Broker for Large & Complex Causality, provides knowledge,
leadership, insight and direction for complex casualty broking activities to
ensure that clients’ expectations are regularly met. This role
incorporates a wide level of expertise, but always assumes the broker is
capable of handling accounts independently.
Responsibilities
Orchestrate new business casualty placements,renewals and alterations of existing coverage.
Develop, review and deliver presentations to securenew, and build on existing relationships.
Review and evaluate information and analytics toassess/evaluate client risks to support the placement in the market.
Research and evaluate all casualty solutions(insurance and otherwise) to identify and develop optimum risk solutions forclients.
Provide coverage and program design advice andexpertise to client; perform needs and gap analysis to make recommendations regardingprogram improvements.
Update, manipulate and develop analytic strategyutilizing WTW’s loss and collateral models, and negotiation with the same.
Build strong partnerships with a broad range oforganizations and stakeholders in the market in order to secure optimum termsand conditions for clients.
Set priorities and standards for the brokingfunction and regularly review and evaluate the performance of the function toensure it is relevant and cutting edge.
Work closely with associates to stay on top ofchanges in the marketplace.
Design, manage, and oversee preparation of draftproposals; negotiate and finalize of carrier quotes, collateral, terms andconditions and coverage confirmations to ensure contract certainty.
Bind carrier quotes and review binders and coverageconfirmations.
Request / attend and participate in regular clientand underwriter meetings.
Conduct program peer reviews.
Provide coaching to brokers in training.
The Requirements
10 years industry experience in the complex casualty arena
Insurance broker’s P&C license required
Strong group presentation skills (written and verbal); ability to drive complex/technical conversations and engage at executive level.
Exceptional communications skills, both internally and externally, fostering collaboration and influential decision making
Relationship management and customer focus; ability to leverage internal and external relationships to bring WTW resources and assets tailored to client needs; ability to drive conflict resolution.
Significant insurer relationships with appetite and capability understanding.
Analytics-based approach and understanding of casualty loss, collateral and risk including the negotiation of the same.
Negotiation skills: ability to develop innovative and creative solutions to do complex casualty deals, drive consensus across internal and external stakeholders to close deals.
Business acumen: knowledge of strategy, tactics and solutions for the client, and/or in the marketplace.
Project Management: ability to drive end to end oversight of large, complex, multi-dimensional projects.
Receptive to feedback; critical thinking and problem-solving skills; high adaptability; strong emotional intelligence.
Knowledge of end-to-end insurance process, including process owners and rationale/purpose of key steps.
Strong leadership skills; effectively advocates for change. Provides encouragement, takes control of team projects, leads key work areas and collaborates with others. Provides clear guidance to ensure others fulfill roles effectively.
Insurance technical skills; ability to apply knowledge of coverage forms in analysis of program design, identification of coverage gaps and ongoing coverage consultation. Ability to interpret, analyze and present models, including collateral fluency, negotiation and articulation.
Technology acumen – ability to utilize technology-based systems and solutions; basic MS Office skills and familiarity with other relevant online tools. Proficient in MS Excel
The Company
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.
Equal Employment Opportunity
All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.
Equal Employment Opportunity: Know your rights at ****
Unsolicited Contact: Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by **MEMBERS ONLY**SIGN UP NOW***. Willis Towers Watson is an equal opportunity employer.
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