Associate Broker - L&C Casualty

The Company 

WTW, Willis is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at Willisco.com.

The Business

Corporate risk and broking

We know how companies can unlock potential through effective risk management.  Our clients rely on us to craft strategies to quantify, mitigate, and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results. 

The Role

The Associate Broker's primary responsibility is to support Brokers & Senior Brokers to effectively manage through the renewal process and deliver results for assigned clients. Day-to-day, an Associate Broker will actively run Willis's suite of Core Analytics, assist in the preparation of marketing submissions, analyze loss and exposure information, prepare strategy or proposal presentations for clients, review quote documents, and manage the post bind process. Outside of the renewal process, Associate Brokers are actively involved in project work and assisting with new business opportunities.

Each Associate Broker is assigned to specific client engagements, covering a broad range of industries, program structures, and program complexity. Throughout these engagements, Associate Brokers are front and center, actively participating in client and carrier conversations. 

Training & Development is extremely important to the Large & Complex Casualty team. In this role, Associate Brokers have the opportunity to learn and develop their skillset through structured training sessions and direct involvement throughout the renewal cycle. Structured training includes periodic Casualty Catalyst sessions, monthly educational Associate Broker meetings, Mock New Business exercises, in-depth coverage training, and more.

Responsibilities

• Serve as dedicated broking support for Large & Complex Casualty clients 

• Help to prepare renewal strategy and proposal presentations for clients and actively participate in these meetings 

• Prepare, run, and articulate outcomes of Willis's suite of Core Analytics

• Analyze and prepare loss & exposure data for purposes of client discussions and marketing submissions

• Monitor carrier responses to submissions, gather questions, and ensure information is being provided to the marketplace in a timely fashion

• Assist in carrier & client dialogue, gaining exposure to the renewal negotiation process

• Review quote documents, identify changes, and prepare proposal documents for clients

• Manage post bind process, ensuring proper documentation of files, accuracy of binders, and input benchmarking data.

• Work alongside Client Service teams to ensure L&C Casualty Broking is positioned for success and client needs are met

• Help Brokers & Senior Brokers to manage Engagement 365 process, Willis's year-round client engagement framework

• Outside of renewal activity, Associate Brokers will be involved with project work and new business opportunities

• Maintain and develop relationships with clients and carrier partners

• Travel as needed

Qualifications

• College graduate – will require transcript (Insurance major not a requirement)

• Insurance broker’s P&C license required – If not held, must obtain within 3 months of employment

• Experienced with Microsoft Office Suite

• Highly communicative 

• Intellectually curious

• Organized

• Comfortable with presenting/speaking in front of clients & carrier partners

• Ability to manage responsibilities/timelines of several different workstreams at the same time

• High attention to detail and focus on delivering polished work products to the marketplace and clients 

Location: New York, NY - Hybrid (3 days per week in the office)

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.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role.

Compensation

The base salary compensation range being offered for this role is $65,000-$85,000 USD annually. This role is also eligible for an annual short-term incentive bonus.

Company Benefits

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

• Health and Welfare Benefits: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identify theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance and other work/life resources
• Leave Benefits: Paid holidays, annual paid time off (includes state/local paid leave where required), company-paid disability (short-term and 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.

EOE, including disability/vet