Jobs · Project Management · Illinois

Middle Market Senior Broker

WTW · Chicago, IL · 1 mo ago
HybridProject Management$100k–$160k/yrFull-time

The Role

  • 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 clients; 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 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 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

    Qualifications

    • 5–12 years industry experience
    • Insurance broker’s P&C license required
    • Strong group presentation skills (written and verbal); ability to drive complex/technical conversations
    • Relationship management: customer focus, collaboration and interpersonal skills, and conflict management; demonstrates shared ownership of resolution of conflicts
    • Negotiation skills: carrier and client negotiation skills; can secure concessions without damaging relationships
    • Business acumen: demonstrates knowledge of industries and clients, carriers and/or markets
    • Project management: ability to effectively manage and oversee small projects
    • Receptive to feedback; critical thinking and problem-solving skills; high adaptability
    • Leadership skills: applies judgment in making decisions, directs and motivates others, takes lead in small groups, and promotes teamwork

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