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WTW · 1 day ago

Senior Broker - Select

United States

Full-time

Remote

Senior Level

$60K/yr - $90K/yr

5+ years exp

WTW is a leading global advisory, broking, and solutions company, and they are seeking a Senior Broker to lead the design and negotiation of commercial insurance strategies for small to lower middle market private equity portfolio companies. This role involves conducting due diligence, developing market strategies, negotiating with carriers, and maintaining strong relationships with clients and stakeholders.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Hiring Manager

Freddina Ho

Responsibilities

Lead property & casualty placement workflows for project-based business

Conduct due diligence reviews to identify coverage gaps and recommend enhancements or replacement programs, present findings to the Project Manager

File Broker of Record (BOR) letters with carriers and securing copies of policies where replacement programs are not required

Develop and lead market strategy and proposal review meetings with WTW team members to align with client presentation dates

Deliver market intelligence for strategy meetings and utilize available resources throughout the marketing process

Create innovative placement approaches to meet and exceed client expectations

Negotiate premiums, coverage enhancements, commissions, and existing coverages with carriers

Provide a thorough review and analysis of carrier quotes, including but not limited to, coverage, limits, loss history, and exposures

Maintain clear and consistent communication with WTW teams, carriers, and wholesalers throughout the placement process

Bind coverage and create and submit carrier binders/documents

Build and maintain strong carrier and wholesaler relationships

Attend and participate in Industry meetings

Keep informed of changing insurance and risk market conditions

Understand and comply with WTW Excellence Model Management requirements

Collaborate and communicate with other client services teams and Shared Service Centers to smoothly and efficiently complete joint work/process steps/etc

Maintain performance to applicable Client Service and Placement standards and/or metrics

Qualification

Property & Casualty licenseCommercial P&C insurancePrivate Equity familiarityCarrier online rating systemsTechnology acumenNegotiation skillsMicrosoft Office SuiteCPCU certificationCIC certificationARM certificationInterpersonal skillsAttention to detailTime managementProblem-solving abilities

Required

Active Property & Casualty license as required by state law, or ability to acquire appropriate licensing within 60 days of hire. Obtain Surplus Lines license within 90 days of hire

Minimum 5 years of commercial P&C insurance experience, preferably in a client-facing role

Exceptional interpersonal skills for collaborative work environments—both virtual and in-person

Demonstrated ability in conflict resolution and negotiation skills

Strong verbal and written communication skills to include phone conversation, email communication, and written presentation skills

Technology acumen to adapt to multiple technology platforms (Epic, carrier systems, Broking Platform, etc.)

Strong attention to detail and process orientation

Excellent time management and organizational skills in dynamic, deadline-driven settings

Ability to work independently, yet actively and appropriately engage the services provided by extended team members across the Shared Service Centers and Teams

Problem-solving abilities, including critical thinking, research, quantitative skills, and creativity

Proficiency in Microsoft Office Suite (Outlook, Word, PowerPoint, Excel, Teams)

Preferred

Familiarity with Private Equity business is a plus

Experience with carrier online rating systems (e.g., BOP platforms)

Professional insurance designations such as CPCU, CIC and ARM are advantageous

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)