Senior Broker

WTW•Dallas, TX

4d•$150,000 - $200,000

About The Position

We help organizations unlock their potential through effective risk management. Our clients rely on us to develop strategies that quantify, mitigate, and transfer risk, leveraging deep industry expertise and extensive market knowledge. The result is a forward-thinking approach to risk that helps drive better business outcomes. The Senior Broker oversees day-to-day placement and broking responsibilities for a portfolio of North American accounts, including new business development. This role cultivates relationships with retail producers and insurance markets, negotiates coverage terms, conditions, and pricing with underwriters, evaluates quotes, prepares marketing reports, supports RFP and new business proposal development, and performs other duties as assigned. Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. The Senior Broker is recognized by clients, client advocacy teams, and the insurance marketplace as the primary day-to-day broker, negotiating terms and conditions of various liability and property insurance coverages on behalf of clients.

Requirements

Oversees day-to-day placement and broking responsibilities for a portfolio of North American accounts, including new business development.
Cultivates relationships with retail producers and insurance markets.
Negotiates coverage terms, conditions, and pricing with underwriters.
Evaluates quotes.
Prepares marketing reports.
Supports RFP and new business proposal development.
Recognized by clients, client advocacy teams, and the insurance marketplace as the primary day-to-day broker.
Negotiates terms and conditions of various liability and property insurance coverages on behalf of clients.

Responsibilities

Manage broking responsibilities for a portfolio of new and recurring/annual insurance programs.
Place and negotiate a broad range of insurance coverages based on client needs.
Lead broking communications with underwriters and producers via email, telephone, and written correspondence.
Obtain and distribute information from clients and/or producing offices.
Support or lead sales and RFP efforts.
Prepare and oversee the development of proposals, submissions, and quotes.
Run and interpret financial and insurance-related analytical models.
Evaluate coverage options and develop coverage summaries for review.
Review binders for accuracy and completeness.
Develop and maintain strong business relationships with producers and senior underwriting contacts.
Maintain knowledge of insurance carriers and their business practices.
Participate in continuing education to maintain licensing and industry credentials.