Lead Associate - Broking

The Associate Cyber Broker serves as the primary liaison between insurers and clients. This person is responsible for managing client relationships, deploying placement expertise, and helping to drive revenue growth within the assigned office. This individual will advise clients, and perform policy contract reviews and negotiate competitive terms and conditions for Cyber and E&O placements. Manages a book of business, consisting of mid-size Cyber/E&O programs for FINEX clients.

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

The Role

• Function as a resource on cyber accounts; participate in client communications/conference calls/meetings and provide technical expertise


• Place both mid size and large and complex programs in the financial lines marketplace


• Perform policy contract reviews; negotiate competitive terms and conditions


• Contribute to business growth objectives (e.g., participate in RFP responses/presentations, attend proactive sales meetings, place new business opportunities)


• Assist in achieving the goals and objectives of the NA Cyber Practice and FINEX North America


• Manage pipeline of prospects and updating financial reports for senior management


• Collaborate with other LOBs to cross sell products and services


• Maintain and develop relationships with insurance carriers’ partners


• Foster relationships with existing and prospective clients


• Assist FINEX and CRB colleagues with cross-sell efforts

The Requirements

• High school diploma required; undergraduate degree preferred
• 2 – 5 years of underwriting or broking strongly preferred
• Insurance broker’s P&C license preferred
• Some knowledge of insurance contracts/structure
• Knowledge and understanding of global marketplace
• Enhanced client service skills
• Ability to provide expert, in-depth advice to client resulting in overall client satisfaction
• Strong presentation skills

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 $85,000-$120,000 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. If Level 38 or more senior role is in Washington State, you must add the retirement benefits paragraph to the job description. Please note: Producer Sales roles are not currently eligible for the WTW Pension Plan.

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.