Senior Casualty Broker

Company: Willis Towers Watson
Location: Los Angeles
Posted on: March 20, 2023

Job Description:

The Senior Casualty Broker oversees day-to-day placement and broking responsibilities for North American accounts including new business development; develops business relationships with producers and markets; negotiates with underwriters regarding coverage terms, conditions and pricing on new and existing programs; evaluates quotes, prepares marketing reports; manages pro-forma analysis information and distribution; assists regional teams with RFP and new business proposal development, and performs other duties as assigned.
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role

• 
  
• Manages brokerage responsibilities for a book of new and recurring casualty exposures
  
• Leads broking communication efforts by e-mail, 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
  
• Design and prepare 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
  
• Maintain and develop business relationships with client advocates, producers and senior underwriting contacts
  
• Maintains knowledge of insurance carriers and their business practice
  
• Participates in continuing education to maintain licensure and industry credentials
  
  The Requirements
  
  • 
    
  • Insurance broker's P&C license will be required
    
  • Risk Management/Insurance degree preferred
    
  • 8+ years of experience preferred
    
  • Large account loss sensitive experience
    
  • Casualty coverage fluency
    
  • Demonstrated knowledge of core insurance principles & provide explanation 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
    
  • 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
    The base salary being offered for this role is $150,000 - $230,000. This role is also eligible for a Short Term Incentive plan.
    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)
    Retirement Benefits: Contributory pension plan and Savings Plan (401k). Certain senior level roles may
    also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.
    
    

Keywords: Willis Towers Watson, Los Angeles , Senior Casualty Broker, Sales , Los Angeles, California