Associate Property Broker

An associate broker in Private Equity & Transactional Solutions (“PE&TS”) property team manages the day-to-day servicing of accounts working in conjunction with senior brokers; develops business relationships with producers and internal resources; helps the senior broker negotiate with underwriters regarding coverage terms, conditions and pricing on new and renewal accounts; reviews quotes, binders and policies; supports new business opportunities; and verifies accuracy of insurance documentation.

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

The Role

• Support a book of business by performing day to day client service tasks
• Analyze renewal data
• Support, present and run property analytic tools
• Assist in creation of property submissions including loss summaries and draft quote comparisons
• Develop relationships with Producers, Client Advocates and Client Relationship Directors
• Be proficient in Willis Towers Watson compliance and best practices
• Regularly utilize Willis Towers Watson tools and resources
• Create, update and maintain marketing lists for each submission
• Follows up with insurance carriers and underwriters regarding the status of quotes and provides any additional information
• Follows up with insurance carriers for invoices, policies, endorsements, and reinsurance certificates
• Maintains business relationships with producers and underwriters
• Maintains knowledge of insurance carriers and their business appetites

The Requirements

• Insurance broker’s P&C license will be required
• Risk Management/Insurance degree preferred
• 0 – 5 years of experience minimum
• Attention to detail and process orientation
• Exposure to Excel formulas and spreadsheet creation/manipulation a plus
• 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

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 base 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 and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $80,000-$100,000 USD per year.

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: 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 paid 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 (Washington State only)
• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

EOE, including disability/vets

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.