About this opportunity
WTW inc. lists this Senior Property Broker opportunity in philadelphia, Pennsylvania. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Description
nThe Senior Property Broker serves as the primary liaison between insurers and clients. This person is responsible for managing major client relationships, deploying placement expertise and helping to drive revenue growth within the assigned office. Serves in a senior role on major accounts.
nAdvise clients/strategize/provide expertise on difficult-to-place business. Perform policy contract reviews; negotiate competitive terms and conditions. Assists in establishing placement strategy for region. Act as a thought leader and contribute to business growth objectives. May act as a mentor to Jr. Brokers and Brokers on smaller accounts.
nNote that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
nThe Role
nThis role provides knowledge, leadership, insight and direction for broking activities to ensure that clients' expectations are regularly met. This role incorporates a wide level of expertise, but always assumes the broker is capable of handling accounts independently. The size and complexity of the account can vary. More experienced brokers may be responsible for training and supervising Associate Brokers. Responsible to ensure that relevant regulatory and technical standards are met. Helps drive the broking team to achieve agreed operational and financial goals and objectives.
nResponsibilities include:
nnnOrchestrate new business placement, renewals and alterations of existing coverage
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nnDevelop, review and deliver presentations to secure new, and build on existing, relationships
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nnReview and evaluate information and analytics to assess and evaluate client risks to support the placement of client risks in the market
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nnResearch and evaluate all solutions (insurance and otherwise) to identify and develop optimum risk solutions for clients
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nnProvide coverage and program design advice and expertise to client; perform needs and gap analysis to make recommendations regarding program improvements.
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nnBuild strong partnerships with a broad range of organizations and stakeholders in the market in order to secure optimum terms and conditions for clients
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nnSet priorities and standards for the broking function and regularly review and evaluate the performance of the function to ensure it is relevant and cutting edge
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nnWork closely with associates to stay on top of changes in the marketplace
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nnOversee design and preparation of draft proposals; negotiate and finalize of carrier quotes, terms and conditions and coverage confirmations to ensure contract certainty
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nnBind carrier quotes and review binders and coverage confirmations
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nnRequest / Attend and participate in regular client and underwriter meetings
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nnConduct program peer reviews and provide coaching to brokers in training
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n nQualifications
nThe Requirements
nnnHigh School Diploma required; bachelor's degree preferred
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nn7+ years industry experience
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nnProperty and Casualty license required
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nnStrong group presentation skills (written and verbal); ability to drive complex/technical conversations and engage at executive level
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nnRelationship management and customer focus; ability to leverage internal and external relationships to bring WTW resources and assets tailored to client needs; ability to drive conflict resolution
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nnNegotiation skills: ability to develop innovative and creative solutions to do complex deals, drive consensus across internal and external stakeholders to close deals
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nnBusiness acumen: knowledge of strategy, tactics and solutions for the client, and/or in the marketplace
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nnProject Management, ability to drive end to end oversight of large, complex, ambiguous or multi-dimensional projects
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nnReceptive to feedback; critical thinking and problem-solving skills; high adaptability
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nnKnowledge of end-to-end insurance process, including process owners and rationale/purpose of key steps
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nnStrong leadership skills; effectively advocates for change. Provides encouragement, takes control of team projects, leads key work areas and collaborates with others. Provides clear guidance to ensure others fulfill roles effectively
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nnInsurance technical skills, ability to apply knowledge of coverage forms in analysis of program design, identification of coverage gaps and ongoing coverage consultation. Ability to interpret, analyze and present models
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nnTechnology acumen - ability to utilize technology-based record management systems, basic MS Office skills and familiarity with other relevant online tools
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n nThis position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.
nCompany Benefits
nWTW provides a competitive benefit package which includes the following (eligibility requirements apply):
nnnHealth 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)
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nnLeave 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)
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nnRetirement Benefits: Contributory Pension Plan and Savings Plan (401k).
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n nPursuant 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.
nAt 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.
nWe 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.
nEOE, including disability/vets
Worksite address
philadelphia, PA, 19117, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.