Senior Property Broker

Wtw; Pennsylvania; Ibrido; USD 120.000 - 180.000; Tempo pieno

Vantaggi offerti da questo lavoro

Health insurance

Paid holidays

Paid time off

401(k)

Descrizione del lavoro

WTW in the United States (PA area) seeks a Senior Property Broker to act as the primary liaison between insurers and clients, managing major relationships and driving revenue growth. The role may mentor junior brokers on smaller accounts and lead on larger opportunities while ensuring regulatory standards are met.

The position emphasizes strategic client advisory, placement expertise and the ability to negotiate favorable terms.

Competenze

• 7+ years industry experience
• Property & Casualty license required
• Strong presentation skills (written and verbal) and ability to engage at executive level
• Relationship management and customer focus; leverage WT resources for client needs
• Negotiation skills to develop innovative solutions and close deals
• Business acumen: strategy, tactics and solutions for clients
• Project management: end-to-end oversight of large, complex projects
• Leadership: guide teams, drive change and provide clear direction
• Technology: familiarity with record management systems and online tools

Mansioni

• Orchestrate new business placement, renewals and alterations of existing coverage
• Develop, review and deliver presentations to secure new and existing relationships
• Review and evaluate client risks to support market placement
• Research and evaluate solutions to identify optimum risk solutions for clients
• Provide coverage and program design advice and needs analysis for improvements
• Build partnerships to secure optimum terms for clients
• Set standards for broking function and monitor performance
• Work with associates to stay updated on market changes
• Oversee draft proposals, negotiate carrier quotes and finalize terms
• Bind carrier quotes and review binders and confirmations
• Attend client and underwriter meetings
• Conduct program peer reviews and coach brokers in training

Conoscenze

P&C license

Presentation skills

Relationship management

Negotiation

Business acumen

Project management

Leadership

Strategic thinking

Client mentorship

Formazione

Bachelor’s degree preferred

Strumenti

MS Office

Descrizione del lavoro

Description

The Senior Property 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. Serves in a senior role on major accounts.

Advise clients/strategize/provide expertise on difficult-to-place business. Perform policy contract reviews; negotiate competitive terms and conditions. Assists in establishing placement strategy for region. Act as a thought leader and contribute to business growth objectives. May act as a mentor to Jr. Brokers and Brokers on smaller accounts. Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

This role provides knowledge, leadership, insight and direction for broking activities to ensure that clients’ expectations are regularly met. This role incorporates a wide level of expertise, but always assumes the broker is capable of handling accounts independently. The size and complexity of the account can vary. More experienced brokers may be responsible for training and supervising Associate Brokers. Responsible to ensure that relevant regulatory and technical standards are met. Helps drive the broking team to achieve agreed operational and financial goals and objectives.

Responsibilities include:

• Orchestrate new business placement, renewals and alterations of existing coverage

• Develop, review and deliver presentations to secure new, and build on existing, relationships

• 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 finalise 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 and provide coaching to brokers in training

Qualifications

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 tools

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 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).

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

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.

EOE, including disability/vets