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