Middle Market Broker
WTWAbout the role
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.
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.
- 7+ 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
The base salary compensation range being offered for this role is $150,000– $225,000 USD per year. 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 only)
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).
At WTW, we trust you to know your work and the peopl
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