Director - Trade Credit Insurance

WTW•Hunt Valley, NC

12h

About The Position

The Director- Financial Solutions Trade Credit is responsible for the design of risk management programs for clients. This role involves requesting updated renewal information, preparing and presenting submissions/coverage specifications to carriers, and negotiating to secure coverage that meets client needs. Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Requirements

10-15 years proven insurance industry experience related to servicing accounts large accounts.
Property and Casualty license.
Knowledge of Insurance and/or Brokerage business.
Strong technical knowledge of product area or industry.
Ability to provide consultation and expert advice to management on risk management issues.
Strong Excel and analytical skills.
Experience with large deductible programs.
Verbal and written communication skills.
Interpersonal skills, including relationship-building skills with clients and co-workers.
Ability to work independently and self-motivated.
Ability to work in a team setting.
Ability to multi-task and work in a fast paced environment.
Strong customer service skills.
Strong presentation skills.
Critical Thinking skills.

Responsibilities

Procures carrier quotes that meet client needs, prepares and often presents client proposals.
Binds carrier quotes and obtains binders and coverage confirmations.
Maintains strong relationships with key carriers.
May identify, solicit, and develop new pieces of business with existing clients.
Responsible for collections, record keeping, and quality of service provided to clients so that the assigned book of business is profitable.
Contacts existing clients to ensure quality service is being delivered.
Identifies and monitors insurance and risk management needs of prospective or current clients.
Conducts needs assessment with current and potential customers.
Identifies and presents appropriate services to client.
Participates in targeted public relations activities.
Maintains extensive market relationships.
Develops account strategies, presentations, and other forms of communication with client.
Prepares and delivers underwriting submissions.
Maintains account documentation and correspondence.
Negotiates responsive programs and service agreement rates.
Provides customer service, including resolving customer inquiries and problems.
Establishes procedures for claims administration and loss prevention activity.
Provides coverage and program design advice and expertise to the Client.
Provides knowledge about markets and products as they relate to classes of business.
Conducts client meetings as requested with respect to renewal marketing.
Obtains updated renewal information from Client.
Prepares submission/coverage specifications and submits proposals to carriers for quotes.
Receives quotes from carriers and negotiates for the best program for clients, provides coverage comparison.
Prepares quote proposals to present to client.
Communicates with the client regarding program improvements and recommendations.
Preparation and finalization of Carrier and Client quotes & coverage confirmations to ensure contract certainty.
Assists as technical resource for newer placement brokers.

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
Other work/life resources
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)
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.