Director - Broking

WTW; New York (NY); Hybrid; USD 250,000 - 350,000; Full time

Job summary

A leading company is looking for a Director - Broking to lead the placement of insurance policies and provide strategic advice. The role requires exceptional communication, negotiation skills, and a deep understanding of transactional insurance. Candidates should have at least 5 years of relevant experience and a bachelor's degree, with preference for a JD or LLB.

Benefits

Health and Welfare Benefits

Paid Holidays

401k Savings Plan

Qualifications

• Minimum 5 years of experience in transactional insurance.
• Deep technical knowledge of representations and warranties insurance policies.
• Exceptional communication and negotiation skills.

Responsibilities

• Leads placement of representations and warranties insurance policies.
• Negotiates with underwriters regarding policy terms.
• Provides strategic advice on complex business issues.

Skills

Communication

Negotiation

Conflict Resolution

Leadership

Education

Bachelor’s degree

JD or LLB preferred

Job description

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• Leads placement of representations and warranties insurance policies, from submission to final closing of the transaction.
• Acts as a thought leader (e.g., attends industry conferences as a WTW representative), including publication of deal alerts, articles, and other materials.
• Leads interactions with client and client’s outside counsel regarding policy placement and underwriting process.
• Leads negotiations with underwriters regarding policy terms and conditions, including all aspects of pricing and coverage.
• Provides clients with strategic advice and expertise on complicated business issues and insurance solutions.
• Participates in RFP responses and presentations; attends proactive sales meetings and works on growth opportunities for the Transactional Solutions team.
• Identifies and engages appropriate local and national resources for clients.
• Helps motivate and mentor Associate Brokers.
• Strengthens TIS team’s relationship with law firm business sources and insurers.
  
  

Description

The Role

• Leads placement of representations and warranties insurance policies, from submission to final closing of the transaction.
• Acts as a thought leader (e.g., attends industry conferences as a WTW representative), including publication of deal alerts, articles, and other materials.
• Leads interactions with client and client’s outside counsel regarding policy placement and underwriting process.
• Leads negotiations with underwriters regarding policy terms and conditions, including all aspects of pricing and coverage.
• Provides clients with strategic advice and expertise on complicated business issues and insurance solutions.
• Participates in RFP responses and presentations; attends proactive sales meetings and works on growth opportunities for the Transactional Solutions team.
• Identifies and engages appropriate local and national resources for clients.
• Helps motivate and mentor Associate Brokers.
• Strengthens TIS team’s relationship with law firm business sources and insurers.
  
  

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

Qualifications

The Requirements

• Minimum 5 years of experience in transactional insurance
• Deep technical knowledge of representations and warranties insurance policies and their interrelationship with transaction documents, and an ability to communicate transactional insurance principles to clients and insurers
• Exceptional communication, negotiation, and conflict resolution skills
• Excellent written and oral presentation skills
• Ability to act as an ambassador for the WTW
• Ability to provide expert, in-depth advice to client resulting in overall client satisfaction
• Proven leadership skills and a track record of mentorship/people development a plus
• Bachelor’s level degree required – JD or LLB preferred
• Licenses as required by state law
  
  

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 $250,000– $350,000 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 people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in- office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

EOE, including disability/vets

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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