Lead Associate

WTW group; Chicago (IL); On-site; USD 90,000 - 120,000; Full time

Job summary

Willis Americas Administration Inc. in Chicago, IL is seeking a Lead Associate to support global risk management and broking within the Corporate Risk & Broking group.

You will develop a deep understanding of clients’ businesses and strategic priorities, shaping risk strategies and program structures across jurisdictions. You will advise on global risk strategy, present risk exposures to insurers, and design cross-border program placements.

Qualifications

• Bachelor’s degree in International Business, Finance or related field.
• Two years of experience in a broker or underwriter role.
• Experience implementing General Liability, Workers' Compensation and Auto Liability programs.
• Experience designing insurance placements for mid-market and large clients.
• Experience negotiating terms, identifying coverage gaps and understanding pricing benchmarks.
• Experience leveraging loss history analytics for risk assessments and financing strategies.
• Ability to present tailored program solutions and communicate complex concepts clearly.

Responsibilities

• Lead Associate with Willis Americas Administration Inc. in Chicago, IL.
• Develop understanding of clients’ businesses, priorities and risk strategies.
• Advise clients on global risk strategy, program structure and regulatory nuances.
• Package and present client risk exposures to insurers to obtain best coverage.
• Design and negotiate non-US Casualty program placements across jurisdictions.
• Complete a high volume of certificates and policies accurately and efficiently.
• Build technical insurance knowledge and understand the international marketplace.
• Coordinate communication flow between network, state-side team and client.
• Review binding documents and aid in quote comparisons; monitor payments.
• Pursue ongoing professional development and monitor major market developments.
• Maintain open items lists on projects for assigned clients.

Education

Bachelor's degree in International Business, Finance or a related field

Job description

Description

The Business

The Corporate Risk & Broking (‘CRB’) business places more than $34 billion of premiums into the insurance markets on an annual basis and delivers integrated global solutions tailored to client needs. This is underpinned by data and analytics through a balanced matrix of global lines of business and local Property and Casualty businesses, across four geographical areas: North America, Great Britain, Western Europe and International. Globally, and across the businesses, our specialized and data-driven approach is underpinned by our risk analytics and climate analytics propositions.

The Role

DUTIES:

• Lead Associate withWillis Americas Administration Inc. in Chicago, IL

• Develop a deep understanding of clients’ businesses, strategic priorities, risk strategies and risk management needs.

• Advise clients on global risk strategy, optimum program structure and geographical nuances and regulations impacting their risk decisions.

• Package and present client risk exposures to insurer community to implement best coverage and program implementation.

• Design and negotiate non-US Casualty program placements; including coverage expertise and program service standards.

• Complete a high volume of detailed work including certificates and policies accurately and efficiently. Apply strength in gathering, analyzing and tracking large scale data.

• Demonstrate competency to build technical industry knowledge, establish an understanding of the international marketplace, and help the brokerage team evaluate clients’ international exposures.

• Communicate with international network on service of global programs. Maintain primary ownership of communication flow between network, state-side brokerage team and the client.

• Review appropriate binding documentation and aid in the development of quote comparisons. Supervise invoicing processes, coordinating delivery of documentation globally and monitor payments to avoid policy cancellation.

• Assume ownership of professional development, continuously seeking opportunities to broaden technical insurance expertise.

• Keep abreast of changing market conditions and inform team members and/or clients of major developments affecting various types of coverage.

• Maintain, execute and resolve open items lists on a variety of projects for assigned clients.

Qualifications

The Requirements

REQUIREMENTS:

• Bachelor's degree (U.S. or foreign equivalent) in International Business, Finance or a related field.

• Two (2) years of experience in a related broker or underwriter role.

• Experience implementing General Liability, Workers' Compensation, and Auto Liability programs, ensuring compliance with regulatory frameworks and consistency across jurisdictions

• Experience designing insurance placements for mid-market as well as large and complex clients across various industries including energy, construction, professional liability, higher education, manufacturing, agriculture, and technology sectors

• Experience negotiating terms and providing strategic insights on coverage gaps, loss trends, and global pricing benchmarks

• Experience leveraging loss history analytics to support risk assessments, optimize self-insured structures, and enhance global risk financing strategies

• Experience presenting tailored insurance program solutions to clients, aligning coverage structures with operational risks, financial objectives, and global compliance requirements while clearly communicating complex concepts to support strategic decision-making and reduce total cost of risk exposures.