Senior Broker

WTW•Dallas, TX

About The Position

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. 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

Property & Casualty (P&C) insurance broker’s license required (or ability to obtain, as applicable).
7+ years of insurance broking, underwriting, or related industry experience.
Strong understanding of liability, property, and specialty insurance products.
Expertise in casualty insurance coverages such as General Liability, Workers’ Compensation, Auto Liability, Umbrella, and Excess Liability.
Strong knowledge of insurance principles and the ability to explain coverage concepts to clients.
Demonstrated negotiation and influencing skills.
Strong attention to detail and process orientation.
Understanding of insurance placement workflows and market practices.
Self-starter who can work independently with minimal supervision.
Sound judgment and willingness to seek guidance when needed.
Strong written, verbal, and presentation skills.

Nice To Haves

Bachelor’s degree in Risk Management, Insurance, Business, Finance, or a related field preferred.
Conflict resolution and business development skills are a plus.
Proficiency in Excel, including spreadsheet creation and data analysis, preferred.

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.

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 paid 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 (Washington State only)
Contributory Pension Plan
Savings Plan (401k)