Jobs and Careers
WT

Middle Market Broker

WTW
New York City, United Statesfull_timeVerifiedPosted 23 Jan 2025
💰 $225,000/yr($150,000/yr$225,000/yr)

About 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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WTW

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