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Associate Broker

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Willis Towers Watson

2021-12-03 14:52:38

Job location Boston, Massachusetts, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

The Role

The Associate Broker applies a technical level of knowledge to support activities relating to broking of client risks for Builder's Risk, Master Builder's Risk, and Contractor's Equipment programs; operates within agreed guidelines, working under the supervision of more experienced team members and referring decisions for support and guidance.

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

Major Accountabilities

* Gather information and analytics to assess and evaluate client risks in order to support the placement of client risks into the market.
* With support of more experienced brokers, develop client and prospect presentations to secure new, and build on existing, relationships.
* Research market solutions to learn how to identify and develop optimum risk solutions for clients.
* Ensure that quality and compliance procedures and processes are adhered to.
* Execute straightforward new business placement, renewals and simple alterations of existing cover, under supervision.
* Record and maintain all information accurately on the appropriate systems.
* Work closely with associates from other departments that support the broking process (e.g., analytics).
* Build technical skills by satisfactorily completing basic and intermediate training courses as required.
* Prepare draft submission documents and finalize submissions for delivery.
* Review quotes against specifications and develop side-by side comparisons.
* Prepare program proposals.
* Review program binders for accuracy against quotes and complete file reviews.

The Requirements

* * Insurance broker's Property & Casualty (P&C) license required
* Solid presentation skills (written and oral); demonstrates active listening and note taking
* Relationship management and customer focus; ability to interface with customers and collaborate internally with teammates to serve customers
* Negotiation skills (carrier and client); ability to maintain as-is renewal terms and handle simple business placements
* Business acumen: demonstrates basic knowledge/understanding of insurance business
* Project management: ability to execute assigned tasks in timely fashion
* Adaptable and receptive to feedback; will seek guidance when needed
* End to end process knowledge: fluent in insurance process and can drive results by influencing other key players in the process
* Leadership skills: ability to make decisions and support them; ability to take control of own work; ability to seek guidance and coordinate with others when needed
* Insurance technical skills; demonstrates knowledge of core insurance principles; understands coverage forms and principles
* Strong technology acumen: ability to utilize technology based record management systems; advanced Microsoft Office skills and familiarity with other relevant online tools

EEO, including disability/vets

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