Senior R&W Broker

WTW • New York, NY

2d

About The Position

The Company Willis Towers Watson (NASDAQ: WLTW ) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 39,000 employees in more than 120 territories. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Unlock your potential at Willis Towers Watson. The Business Corporate risk and broking We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate, and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results. The Role Works with the Transactional Solutions (“TS”) Client Advocate or Production Team within the Willis Mergers & Acquisitions Group in the design and placement of transactional insurance products for client, prepares submissions/coverage specifications, presents submissions/coverage specifications to carriers, and negotiates to secure coverage that meets client needs. Advises TS Client Advocate or Production Team in selecting carrier quotes that meet client needs, prepares and presents client proposals. Binds carrier quotes and obtains binders and coverage confirmations. Maintains strong relationships with key carriers. Participates in sales presentations.

Requirements

• JD degree, preferred
• M&A experience preferred or similar legal experience
• 2 – 4 years industry experience, preferably with M&A or complex insurance experience, or with representations & warranties, contingent and/or tax liability insurance experience
• Must have obtained insurance brokers license within 60 days of employment
• Demonstrates knowledge of core insurance principles & provide explanation to clients
• Ability to conduct research
• Must demonstrate core competency of Willis Values & Vision
• Self-starter/requires minimal supervision
• Will seek guidance when needed
• Solid presentation skills – written and oral
• Good listener
• Strong leadership skills
• Mentoring/coaching skills
• Enhancing client service skills
• Ability to deal with difficult client situations
• Demonstrates knowledge of Insurance structures

Responsibilities

• Technical placement, underwriting or sales experience
• Provides coverage and program design advice and expertise to TS Client Advocate or Production Team
• Provides knowledge to TS Client Advocates or Producers about markets and products as they relate to classes of business
• Drafts sales materials and participates in the sales process with producers
• 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 TS Client Advocate or Production Team regarding program improvements and recommendations
• Preparation and finalization of Carrier and Client quotes & coverage confirmations to ensure contract certainty
• Manages the claim process and communicates with the insured and carriers throughout the process to support favorable outcomes and claim payment certaint

Benefits

• Health and Welfare 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 and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: 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 )
• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1-10 employees