Yacht Broker

WTW • Fort Lauderdale, FL

4d

About The Position

A Broker /Client Manager serves as the primary liaison between insurers and clients. This person is responsible for managing large client relationships, deploying placement expertise and assisting Marine North America in achieving its revenue growth targets. The individual will support the Marine North America team by managing a more complex book of yacht business. Will assist the practice in hitting its new revenue targets through development of the pipeline and participating in new business development presentations. The individual will also be responsible for client-related documentation including but not limited to policies, endorsements, quote comparisons and required compliance forms. The individual will also be responsible for managing claims within their book of business. All functions should be performed collaboratively with the greater team. Performance Objectives: Function as a resource on yacht accounts within the practice; participate in client communications/conference calls/meetings and provide technical expertise Maintain a book of business Place middle to large yacht accounts in the marketplace Perform policy contract reviews; negotiate competitive terms and conditions Issue and ensure carrier accurate policy and other documentation Contribute to business growth objectives (e.g., participate in new business presentations, attend proactive sales meetings, place new business opportunities and help identify new opportunities) Assist in achieving the goals and objectives of the North American Marine Practice Manage pipeline of prospects Active involvement in the Global Industry Practice Groups Collaborate with other lines of business to cross sell products and services Maintain and develop relationships with insurance carriers’ partners Foster relationships with existing and prospective clients Learn and utilize WTW software and systems where necessary

Requirements

• High school diploma required. College degree preferred
• Three years minimum insurance broking experience for yachts or recreational marine clients preferred
• Insurance broker’s P&C license required
• Ability to utilize Microsoft Office Suite effectively, including PowerPoint, Word, Excel and Outlook
• Excellent interpersonal and communication skills
• Excellent problem solving skills
• Exceptional time management and organizational skills with a track record of success working against tight deadlines
• Ability to work collaboratively with others
• Must demonstrate attention to detail
• Ability to conduct research
• Must demonstrate core competency of Willis Towers Watson Values & Vision

Responsibilities

• Function as a resource on yacht accounts within the practice
• participate in client communications/conference calls/meetings and provide technical expertise
• Maintain a book of business
• Place middle to large yacht accounts in the marketplace
• Perform policy contract reviews
• negotiate competitive terms and conditions
• Issue and ensure carrier accurate policy and other documentation
• Contribute to business growth objectives (e.g., participate in new business presentations, attend proactive sales meetings, place new business opportunities and help identify new opportunities)
• Assist in achieving the goals and objectives of the North American Marine Practice
• Manage pipeline of prospects
• Active involvement in the Global Industry Practice Groups
• Collaborate with other lines of business to cross sell products and services
• Maintain and develop relationships with insurance carriers’ partners
• Foster relationships with existing and prospective clients
• Learn and utilize WTW software and systems where necessary

Benefits

• WTW provides a competitive benefit package which includes the following (eligibility requirements apply): 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 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 (only included for Washington roles)
• Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.
• Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.
• EOE, including disability/vets
• This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees