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WT

Senior Excess Liability Broker

WTW
New York City, United Statesfull_timeVerifiedPosted 4 Mar 2025
💰 $250,000/yr($150,000/yr – $250,000/yr)

About the role

The Role:

  • Orchestrate new business placement, renewals and alterations of existing coverage
  • Develop, review and deliver presentations to secure new, and build on existing, relationships
  • Work to develop industry specific products that are proprietary to Willis and provide IVD leadership on a national level
  • Review and evaluate information and analytics to assess and evaluate client risks to support the placement of client risks in the market
  • Research and evaluate all solutions (insurance and otherwise) to identify and develop optimum risk solutions for clients
  • Provide coverage and program design advice and expertise to client; perform needs and gap analysis to make recommendations regarding program improvements
  • Build strong partnerships with a broad range of organizations and stakeholders in the market in order to secure optimum terms and conditions for clients
  • Set priorities and standards for the broking function and regularly review and evaluate the performance of the function to ensure it is relevant and cutting edge
  • Work closely with associates to stay on top of changes in the marketplace
  • Oversee design and preparation of draft proposals; negotiate and finalize of carrier quotes, terms and conditions and coverage confirmations to ensure contract certainty
  • Bind carrier quotes and review binders and coverage confirmations
  • Request / Attend and participate in regular client and underwriter meetings
  • Conduct program peer reviews
  • Provide coaching to brokers in training 

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. 
 

The Requirements:  

  • High School Diploma required; Bachelor’s Degree preferred
  • 7+ years industry experience
  • Property and Casualty license required
  • Strong group presentation skills (written and verbal); ability to drive complex/technical conversations and engage at executive level
  • 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
  • Negotiation skills: ability to develop innovative and creative solutions to do complex 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, ambiguous or multi-dimensional projects
  • Receptive to feedback; critical thinking and problem-solving skills; high adaptability
  • 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
  • Technology acumen – ability to utilize technology-based record management systems; basic MS Office skills and familiarity with other relevant online tool
  •  

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– $250,000 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 T

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WTW

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