About The Position
The CRB Graduate Development Program (GDP) is a non-rotational 17-month program designed to provide participants with a broad knowledge base, varied skills, and a diverse network. It offers a holistic view of CRB with hands-on experience, insight, and opportunities to make an impact and shape one's own career. The program includes a 1-week orientation followed by robust onboarding training covering various functions within CRB, aiming to provide graduates with a well-rounded understanding of the industry while allowing them to deep dive into their respective business areas. The Placement teams within WTW deliver superior results for clients' business and risk management needs through deep product and industry expertise. The role of a broker is to help clients mitigate their total cost of risk. The Placement team acts as the firm’s intellectual capital, assessing, modeling, and structuring risk for clients. Brokers then escort the clients’ risk into the market, leveraging market relationships and negotiation skills to secure quotations from insurance carriers. While the day-to-day work is similar, each placement is unique. Common tasks include preparing and sending submissions, liaising with markets, analyzing exposures, working through risk models, and negotiating quotations.
Requirements
- Bachelor’s degree with a minimum of 3.0 GPA.
- Proficient in Microsoft Office Suite.
- Intermediate to advanced Excel skills.
- Demonstration of strong time and task management skills.
- Ability to take direction, receive constructive feedback and deliver accurate work product.
- Relationship management and customer focus; ability to interface with customers and collaborate internally with teammates to serve customers.
- Able to work legally in the United States indefinitely and without Visa sponsorship.
- Excellent written & verbal communication skills.
- Excellent presentation skills, analytically driven and detail oriented.
- Exceptional interpersonal skills.
- Proficient in time management.
Nice To Haves
- Preferred Majors: Risk Management, Business, Finance, Economics, Accounting, Liberal Arts, Geology (BS), Environmental Geology (BS), Sociology.
- Date of Graduation between May 2026 – May 2027.
Responsibilities
- Gather information and analytics to assess and evaluate client risks to support the placement of client risks into the market.
- Create Loss Summaries, review program binders for accuracy, check policies, and aid brokers & senior brokers.
- With the support of more experienced brokers, prepare draft submission documents and finalize submissions for delivery.
- With support of more experienced brokers, review quotes against specifications and develop side-by-side comparisons.
- With support of more experienced brokers, prepare program proposals.
- With support of more experienced brokers, develop client and prospect presentations to secure new, and build on existing, relationships.
- Assist on any deliverables for Client Renewal Strategy Meeting & RFPs.
- Research market solutions to learn how to identify and develop optimum risk solutions for clients.
- Facilitate initial introductions to carrier and trading partners.
- Begin understanding of core insurance principles and brokerage concepts.
- Ensure that quality and compliance procedures and processes are adhered to.
- Record and maintain all information accurately on the appropriate systems, including initial introduction to and utilization of Broking Platform.
- Obtain the required insurance license within ninety (90) days of the date of hire.
- Obtain and maintain an active surplus lines license for the resident state within 120 days of either: (a) the date of hire, if a resident state insurance license is already held upon date of hire; or (b) within 120 days of obtaining the resident state insurance license, if not already holding one upon date of hire.
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 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)
- Contributory Pension Plan
- Savings Plan (401k)
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
