Associate Broker - Alternative Asset Insurance Solutions

WTW•New York, NY

4d•Hybrid

About The Position

The Associate Broker is responsible for preparing and submitting business to our carrier partners, following-up for quotes, and for providing analytics for key accounts. In addition to assisting with placement activity, responsibilities will include coordinating deadlines for internal /external colleagues and clients. This individual will utilize their expertise to help enhance results for the team. If you’re looking to join a growing organization with unlimited growth potential, this may be the perfect opportunity for you! Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Requirements

High School Diploma required; bachelor’s degree preferred
< 5 years industry experience
Property and Casualty license required within 6 months
Solid presentation skills (written and oral); demonstrates active listening and note taking
Relationship management and customer focus; ability to interface with customers and collaborate internally with teammates to serve customers
Negotiation skills (carrier and client); ability to maintain as-is renewal terms and handle simple business placements
Business Acumen: demonstrates basic knowledge/understanding of insurance business.
Project Management: ability to execute assigned tasks in timely fashion.
Adaptable and receptive to feedback; will seek guidance when needed
End to end process knowledge: fluent in insurance process and can drive results by influencing other key players in the process.
Leadership skills: ability to make decisions and support them; ability to take control of own work; ability to seek guidance and coordinate with others when needed.
Insurance Technical skills; demonstrates knowledge of core insurance principles. Understands coverage forms and principles.
Strong technology acumen – ability to utilize technology-based record management systems; advanced MS Office skills and familiarity with other relevant online tools.

Responsibilities

Gather information and analytics to assess and evaluate client risks in order to support the placement of client risks into the market.
With support of more experienced brokers, develop client and prospect presentations to secure new, and build on existing, relationships.
Research market solutions to learn how to identify and develop optimum risk solutions for clients.
Ensure that quality and compliance procedures and processes are adhered to.
Execute straightforward new business placement, renewals and simple alterations of existing cover, under supervision.
Record and maintain all information accurately on the appropriate systems.
Work closely with associates from other departments that support the broking process (e.g., analytics).
Build technical skills by satisfactorily completing basic and intermediate training courses as required.
Prepare draft submission documents and finalize submissions for delivery.
Review quotes against specifications and develop side-by side comparisons.
Prepare program proposals.
Review program binders for accuracy against quotes and complete file reviews.

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
Work/Life Resources (including Employee Assistance Program)
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)
Paid Time Off (only included for Washington roles)
Qualified contributory pension plan (if eligible)
401(k) plan with annual nonelective company contribution.
Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.