Senior Broker - Life Sciences

WTW•New York, NY

About The Position

The Senior Life Sciences Broker is responsible for developing, marketing, and placing complex insurance and risk management solutions for clients operating across the life sciences industry, including biotechnology, pharmaceutical, medical device, diagnostics, digital health, contract research organizations (CROs), and related sectors. This role serves as a trusted advisor to clients, providing deep industry knowledge and carrier relationships to deliver strategic insurance solutions that support innovation, growth, and risk mitigation. As a senior member of the Life Sciences Broking Placement Team, this individual will help shape multiline placement strategy for some of the organizations most complex clients. Working closely with client advocates, producers, industry leaders, and carrier partners, the Senior Broker will leverage deep marketplace expertise, analytics-driven insights, and innovative program design strategies to deliver superior client outcomes while optimizing total cost of risk. The role requires strong leadership, sophisticated negotiation skills, and the ability to influence market strategy across a broad portfolio of complex property and casualty placements. Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Requirements

Deep industry knowledge and carrier relationships within the life sciences sector.
Strong leadership skills.
Sophisticated negotiation skills.
Ability to influence market strategy.
Expertise in complex property and casualty placements.
Experience developing, marketing, and placing complex insurance and risk management solutions.
Experience working with clients in biotechnology, pharmaceutical, medical device, diagnostics, digital health, CROs, and related sectors.
Experience providing consultative guidance on insurance program design, risk financing, and emerging industry risks.
Experience leading renewal strategy discussions and presenting insurance solutions to executive stakeholders.
Experience fostering long-term client relationships.
Experience designing, marketing, negotiating, and placing complex insurance programs across multiple lines of coverage.
Experience developing tailored solutions for life sciences organizations at various stages of development.
Experience negotiating favorable terms, pricing, and coverage enhancements with insurance carriers.
Experience maintaining strong relationships with domestic and international insurance markets.
Experience collaborating with producers, client executives, and subject matter experts.
Experience contributing to revenue growth through cross-selling and upselling opportunities.
Knowledge of emerging trends affecting life sciences organizations, including clinical development, product commercialization, regulatory changes, intellectual property risks, and cybersecurity threats.
Ability to provide market intelligence and insights.
Ability to provide mentoring, coaching, and technical guidance to developing brokers and junior team members.

Responsibilities

Serve as the lead broker and strategic advisor for life sciences clients.
Develop a comprehensive understanding of client operations, risk exposures, growth strategies, and regulatory environments.
Provide consultative guidance on insurance program design, risk financing, and emerging industry risks.
Lead renewal strategy discussions and present insurance solutions to executive stakeholders.
Foster long-term client relationships through proactive engagement and exceptional service.
Design, market, negotiate, and place complex insurance programs across multiple lines of coverage.
Develop tailored solutions for life sciences organizations at various stages of development, from early-stage biotech startups to multinational enterprises.
Negotiate favorable terms, pricing, and coverage enhancements with insurance carriers.
Maintain strong relationships with domestic and international insurance markets.
Participate in industry conferences, networking events, and thought leadership initiatives.
Collaborate with producers, client executives, and subject matter experts to develop winning client strategies.
Contribute to revenue growth through cross-selling and upselling opportunities.
Stay current on emerging trends affecting life sciences organizations, including clinical development, product commercialization, regulatory changes, intellectual property risks, and cybersecurity threats.
Provide market intelligence and insights to clients and internal stakeholders.
Provide mentoring, coaching, and technical guidance to developing brokers and junior team members.
Contribute to the development of life sciences-focused products, services, and best practices.