Senior Broker - Select

WTW•Tampa, FL

11d

About The Position

Private Equity Commercial Insurance Broker This person is responsible for leading the design and negotiation of commercial insurance strategies for small to lower middle market private equity portfolio companies. This role serves as both the voice of WTW and the primary advocate for our clients in the insurance marketplace. Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Responsibilities

Lead property & casualty placement workflows for project-based business.
Conduct due diligence reviews to identify coverage gaps and recommend enhancements or replacement programs, present findings to the Project Manager.
File Broker of Record (BOR) letters with carriers and securing copies of policies where replacement programs are not required.
Develop and lead market strategy and proposal review meetings with WTW team members to align with client presentation dates.
Deliver market intelligence for strategy meetings and utilize available resources throughout the marketing process.
Create innovative placement approaches to meet and exceed client expectations.
Negotiate premiums, coverage enhancements, commissions, and existing coverages with carriers.
Provide a thorough review and analysis of carrier quotes, including but not limited to, coverage, limits, loss history, and exposures.
Maintain clear and consistent communication with WTW teams, carriers, and wholesalers throughout the placement process.
Bind coverage and create and submit carrier binders/documents.
Build and maintain strong carrier and wholesaler relationships.
Attend and participate in Industry meetings.
Keep informed of changing insurance and risk market conditions.
Understand and comply with WTW Excellence Model Management requirements.
Collaborate and communicate with other client services teams and Shared Service Centers to smoothly and efficiently complete joint work/process steps/etc.
Maintain performance to applicable Client Service and Placement standards and/or metrics.