L&C Casualty Broker, REH&L

The Role

Large & Complex Casualty Broker

WTW’s Casualty brokers oversee day-to-day placement and broking responsibilities for our largest and most complex accounts. Brokers are expected to meaningfully contribute to industry by supporting new business opportunities; developing business relationships with clients, internal stakeholders and markets; leading negotiations with underwriters regarding coverage terms, conditions and pricing on new and existing programs; evaluating quotes and preparing marketing reports; managing pro-forma analysis information and distribution; assisting in the development and deployment of industry-specific products and resources; and performing other duties as assigned.

The Responsibilities

• Manages brokerage responsibilities for a book of new and recurring casualty exposures
• Leads broking communication efforts with underwriters and client teams
• Obtains and distributes information from client and/or client management teams
• Assists on or leads front end sales/RFP efforts
• Prepares/oversees creation of proposals, submissions and quotes
• Designs and prepares analytics/modeling material for clients in support of premium, collateral and/or program structure objectives for each renewal
• Reviews binders for accuracy and completeness
• Sorts and distributes work assignments for developing brokers
• Maintains and develops business relationships with WTW Client Advocates, Producers and senior underwriting contacts
• Curates knowledge of the client’s industry, insurance carriers and their business practices
• Participates in continuing education to maintain licensure and industry credentials

The Requirements

• Insurance broker’s P&C license
• Risk Management/Insurance degree preferred
• 4-10 years of experience preferred
• Large account loss sensitive experience
• Casualty coverage fluency
• Ability to negotiate collateral with an understanding of loss development and credit risk
• Demonstrated knowledge of core insurance principles & ability to articulate such knowledge to clients
• Demonstrated excellence in negotiation skills and influence skills are critical
• Demonstrated ability in conflict resolution and selling skills are a plus
• Attention to detail and process orientation
• Strong ability to deploy the full capabilities of Microsoft Office, in particular Excel and PowerPoint
• Understanding of required placement workflows
• Self-starter/requires minimal supervision
• Will seek guidance when needed
• Solid presentation skills-written or oral
• Enhancing client service skills
• Ability to deal with difficult client situations
• Demonstrates knowledge of insurance structures

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• 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 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 (only included for Washington roles)
• 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 the plans’ eligibility requirements.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.