Broker – FINEX Cyber Team
WTWAbout the role
Company Description
WTW 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, WTW has 40,000 employees serving more than 140 countries. 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 wtwco.com
The Cyber Broker serves as the primary liaison between insurers and clients. This person is responsible for managing major client relationships, deploying placement expertise and helping to drive revenue growth within the assigned office.
This individual will advise clients and perform policy contract reviews and negotiate competitive terms and conditions for Cyber and E&O placements. Assists in developing the growth strategy for the region. Acts as a thought leader and contributes to business objectives. Acts as a mentor to colleagues. Manages a complex book of business, consisting of middle market Cyber/E&O programs for FINEX clients.
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role
- Function as a senior resource on cyber accounts within the practice; participate in client communications/conference calls/meetings and provide technical expertise
- Place middle-market sized programs across all industries
- Perform policy contract reviews; negotiate competitive terms and conditions
- Contribute to business growth objectives (e.g., participate in RFP responses/presentations, attend proactive sales meetings, place new business opportunities)
- Assist in achieving the goals and objectives of the NA Cyber Practice and FINEX North America
- Act as a thought leader (e.g., contribute to FINEX content, representing the Cyber Team and WTW on industry panels, webinars, social media, etc.)
- Contribute to the development of a growth strategy for the region
- Manage pipeline of prospects and updating financial reports for senior management
- Collaborate with other LOBs to cross sell products and services
- Maintain and develop relationships with insurance carriers’ partners
- Foster relationships with existing and prospective clients
- Assist FINEX and CRB colleagues with cross-sell efforts
The Requirements
- High school diploma required; undergraduate degree preferred
- 3-10 years of experience in underwriting or broking
- Insurance broker’s P&C license required
- Technical knowledge of insurance contracts/structure
- Knowledge and understanding of global marketplace
- Knowledge of and experience working with Cyber, E&O and Intellectual Property insurance products, Strong leadership and mentorship skills
- Enhanced client service skills
- Ability to provide expert, in-depth advice to client resulting in overall client satisfaction
- Strong presentation skills
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.
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 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),
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