Associate Broker

About the role

This role involves developing and executing market strategies, negotiating with carriers, and securing competitive insurance solutions for clients. Key responsibilities include analyzing coverage needs, leading placement activities, building strong carrier relationships, and providing exceptional client service.

Responsibilities

• Develop and lead market strategy and proposal review meetings with WTW team members.
• Deliver market intelligence for strategy meetings and utilize available resources throughout the marketing process.
• Address client needs by identifying coverage gaps and highlighting new coverage opportunities for comprehensive program placements.
• 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 renewal information, including coverage, limits, loss history, and exposures.
• Communicate with all WTW team members, carriers, and/or wholesalers throughout the duration of each placement.
• 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 and communicate changes to WTW service team members.
• Understand and comply with WTW Excellence Model Management (WEM) 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.

Qualifications

• Valid Property & Casualty license as required by state law, or ability to acquire appropriate licensing within 90 days of hire.
• Obtain Surplus Lines license within 180 days of hire.
• Commercial P&C insurance knowledge/experience is required and previous success in client facing work strongly preferred.
• 5+ years’ insurance experience in a similar job function or with similar processes is strongly preferred.
• Demonstrated excellence in negotiation skills and influence skills are critical.
• Superior interpersonal skills for working with colleagues and clients in a collaborative team environment, both in-person and virtually.
• Strong verbal and written communication skills to include phone conversation, email communication, and written presentations skills.
• Technology acumen to adapt to multitude of technology-based systems (Epic, carrier online rating systems, Broking Platform, etc.).
• Strong attention to detail and process orientation.
• 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, creativity.
• Basic to Intermediate level Microsoft Office skills to include Outlook, Word, PowerPoint, Excel, and Teams.
• Insurance designations such as CPCU, CIC and ARM are advantageous.