This job has closed.

WTW · 4 months ago

Commercial Insurance Associate Broker - Life Sciences Practice

8400 Normandale Lake Boulevard, Minneapolis, MN, 55437, US

Full-time

Onsite

Mid Level

WTW is a leading global advisory, broking and solutions company, and they are seeking a Commercial Insurance Associate Broker for their Life Sciences Practice. The role involves providing leadership and direction for broking activities, ensuring client expectations are met, and developing strong relationships with carriers while managing complex risk management programs.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Responsibilities

Orchestrate new business placement, renewals and alterations of existing coverage

Develop, review and deliver presentations to secure new, and build on existing, relationships

Review and evaluate information and analytics to assess and evaluate client risks to support the placement of client risks in the market

Research and evaluate all solutions (insurance and otherwise) to identify and develop optimum risk solutions for clients

Provide coverage and program design advice and expertise to client; perform needs and gap analysis to make recommendations regarding program improvements

Build strong partnerships with a broad range of organizations and stakeholders in the market in order to secure optimum terms and conditions for clients

Contribute to thought leadership and continuous process improvement of the Broking function

Work closely with associates to stay on top of changes in the marketplace

Oversee design and preparation of draft proposals; negotiate and finalize of carrier quotes, terms and conditions and coverage confirmations to ensure contract certainty

Bind carrier quotes and review binders and coverage confirmations

Request / Attend and participate in regular client and underwriter meetings

Conduct program peer reviews

Provide coaching to brokers in training

Qualification

Risk management expertiseClient relationship managementInsurance program designPresentation skillsNegotiation skillsCoaching skillsAnalytical skillsTeam collaboration