Jobs · Business Development · New York

Senior Associate Broker - Alternative Asset Insurance Solutions

WTW · New York, NY · 2 wk ago
On-siteBusiness Development$100k–$150k/yrFull-time

About the role

The Senior Associate Broker oversees day-to-day placement and broking responsibilities for North American accounts, including new business development. This role manages brokerage responsibilities for a book of new and recurring casualty exposures, primarily environmental exposures, and requires an understanding of environmental insurance policies and their application to risk exposures.

  • Leads broking communication efforts by email, telephone, and written correspondence with underwriters and producers
  • Obtains and distributes information from client and/or producing office
  • Assists or may lead front-end sales/RFP efforts
  • Prepares/oversees creation of proposals, submissions, and quotes
  • Designs and prepares analytics/modeling material for clients and offices
  • Evaluates and develops coverage confirmation for review
  • Reviews binders for accuracy and completeness
  • Sorts and distributes work assignments for developing brokers
  • Maintains and develops business relationships with client advocates, producers, and senior underwriting contacts
  • Maintains knowledge of insurance carriers and their business practices
  • Participates in continuing education to maintain licensure and industry credentials
  • Utilizes technology and AI-enabled tools responsibly to support business outcomes and operational efficiency

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this position.

Requirements

  • 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; previous success in client-facing work strongly preferred
  • 5-7 years' experience as a broker, underwriter, or in claims, with environmental policies such as combined General Liability/Site Pollution, Contractors Pollution/Professional, and Site Pollution strongly preferred
  • Demonstrated excellence in negotiation and influence skills
  • Experience with diligence review for Private Equity firms, including coverage review, analyzing risk, and placement of new programs for environmental and non-environmental exposures
  • 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, including phone conversations, email communication, and written presentations
  • Technology acumen to adapt to multiple technology-based systems (Epic, carrier online rating systems, Broking Platform, etc.)
  • AI literacy and responsible technology utilization: ability to leverage AI-enabled tools to enhance productivity, analysis, and decision-making while exercising professional judgment, validating outputs, safeguarding confidential information, and adhering to responsible AI and data governance standards
  • Strong attention to detail and process orientation
  • Time management and organizational skills in the face of changing deadlines and workloads
  • Ability to work independently while actively engaging extended team members across Shared Service Centers and Teams
  • Problem-solving abilities, including critical thinking, research, quantitative skills, and creativity
  • Basic to intermediate-level Microsoft Office skills (Outlook, Word, PowerPoint, Excel, Teams)
  • Insurance designations such as CPCU, CIC, and ARM are advantageous

Pay

The base salary compensation range for this role is $100,000.00–$150,000.00 USD annually. This role is also eligible for an annual short-term incentive bonus.

Benefits

WTW provides a competitive benefit package, including:

  • 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, Identity Theft Protection, Wellbeing Program, and Work/Life Resources (including Employee Assistance Program)
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, and other leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, Parental and Adoption Leave)
  • Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior-level colleagues who satisfy eligibility requirements.

The majority of colleagues work in a hybrid style, with a mix of remote, in-person, and in-office interactions dependent on team, role, and client needs. Flexible working arrangements, including location-based requests, are encouraged.

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