Casualty Broker (Power-Renewables)

WTW • Houston, TX

1d

About The Position

The Casualty Broker oversees day-to-day placement and broking responsibilities for North American accounts including new business development; develops business relationships with producers and markets; negotiates with underwriters regarding coverage terms, conditions and pricing on new and existing programs; evaluates quotes, prepares marketing reports; manages pro-forma analysis information and distribution; assists regional teams with RFP and new business proposal development, and performs other duties as assigned. The Role: Manages brokerage responsibilities for a book of new and recurring casualty exposures Leads broking communication efforts by e-mail, telephone, and written correspondence with underwriters and producers Obtains and distributes information from client and/or producing office Assists or may lead front end sales/RFP efforts Prepares/oversees creation of proposals, submissions and quotes Design and prepare analytics/modeling material for clients and offices Evaluates and develops coverage confirmation for review Reviews binders for accuracy and completeness Sorts and distributes work assignments for developing brokers Maintain and develop business relationships with client advocates, producers and senior underwriting contacts Maintains knowledge of insurance carriers and their business practice Participates in continuing education to maintain licensure and industry credentials

Requirements

• Insurance broker’s P&C license will be required
• 8-10 years of experience preferred
• Large account loss sensitive experience
• Casualty coverage fluency
• Demonstrated knowledge of core insurance principles & provide explanation to clients
• Demonstrated excellence in negotiation skills and influence skills are critical
• Attention to detail and process orientation
• Understanding of required placement workflows
• Self-starter/requires minimal supervision
• Will seek guidance when needed
• Solid presentation skills-written or oral
• Enhancing client service skills
• Ability to deal with difficult client situations
• Demonstrates knowledge of insurance structures

Nice To Haves

• Risk Management/Insurance degree preferred
• Demonstrated ability in conflict resolution and selling skills are a plus
• Exposure to Excel formulas and spreadsheet creation/manipulation a plus

Responsibilities

• Manages brokerage responsibilities for a book of new and recurring casualty exposures
• Leads broking communication efforts by e-mail, telephone, and written correspondence with underwriters and producers
• Obtains and distributes information from client and/or producing office
• Assists or may lead front end sales/RFP efforts
• Prepares/oversees creation of proposals, submissions and quotes
• Design and prepare analytics/modeling material for clients and offices
• Evaluates and develops coverage confirmation for review
• Reviews binders for accuracy and completeness
• Sorts and distributes work assignments for developing brokers
• Maintain and develop business relationships with client advocates, producers and senior underwriting contacts
• Maintains knowledge of insurance carriers and their business practice
• Participates in continuing education to maintain licensure and industry credentials

Benefits

• WTW provides a competitive benefit package which includes the following (eligibility requirements apply): Health and Welfare Benefits: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identify theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance and other work/life resources Leave Benefits: Paid holidays, annual paid time off (includes state/local paid leave where required), company-paid disability (short-term and 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) Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.
• 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.
• EOE, including disability/vets
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1-10 employees