Mid Market Cyber Broker

WTW•New York, NY

1d•Hybrid

About The Position

The Cyber 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. Serves in a capacity, handling Alternative Asset Insurance Solutions (“AAIS”) accounts. This individual will advise clients and perform policy contract reviews and negotiate competitive terms and conditions for Cyber and E&O placements. Assists in developing the growth strategy. Acts as a thought leader and contributes to business objectives.

Requirements

High school diploma required; undergraduate degree preferred
3-5 years of experience in underwriting or broking
Insurance broker’s P&C license preferred
Technical knowledge of insurance contracts/structure
Knowledge and understanding of global marketplace
Knowledge of and experience working with Cyber, E&O and Intellectual Property insurance products
Strong leadership and mentorship skills
Enhanced client service skills
Ability to provide expert, in-depth advice to client resulting in overall client satisfaction
Strong presentation skills

Responsibilities

Function as a resource on cyber/e&o accounts within the practice; participate in client communications/conference calls/meetings and provide technical expertise
Maintain a significant book of business
Place large, complex programs in the financial lines marketplace
Perform policy contract reviews; negotiate competitive terms and conditions
Contribute to business growth objectives (e.g., participate in RFP responses/presentations, attend proactive sales meetings, place new business opportunities)
Assist in achieving the goals and objectives of the Alternative Asset Insurance Solutions practice (“AAIS”)
Act as a thought leader (e.g., contribute to AAIS content, representing the Cyber Team and Willis Towers Watson on industry panels, webinars, social media, etc.)
Contribute to the development of a growth strategy
Manage pipeline of prospects and updating financial reports for senior management
Collaborate with other LOBs to cross sell products and services
Maintain and develop relationships with insurance carriers’ partners
Foster relationships with existing and prospective clients
Assist CRB colleagues with cross-sell efforts

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.