Willis Towers Watson
Credit and Political Risk Broker
Posted on Jun 17 New York, NY 128 views
The Business
Corporate Risk and Broking
We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate, and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results.
Credit Risk Solutions (within Corporate Risk and Broking) are made up of highly motivated and recognized market leaders within the Political and Credit Risk market. We have a global footprint with teams in London, New York and Singapore, which means that we work very closely with our teams across the globe.
The Role
A role for an Associate Broker within Credit Risk Solutions team in New York has arisen for an enthusiastic self-motivated individual.
Principal Duties/Responsibilities
Initial duties and responsibilities will include, but not be limited to:
- Working with/shadowing the broker when dealing with new enquiries and obtaining insurer feedback
- In consultation with the team, preparing basic documentation for the market and client, and summarizing feedback
- Working with the relevant team members to understand and record figures and premium/brokerage information
Developing to:
- Liaising with the client on new risks
- Broking new risks in the local market as well as accessing international markets through our global platform
- Negotiating policy wordings
- Binding new risks
- Servicing policies once bound including issuing mid-term adjustments, assisting with claims and generally providing post-sales support
- General advice and support to the client by email, telephone and face to face meetings as required
Skills/Qualifications
The ideal candidate will have the following skill sets & attributes:
- Degree from an accredited college or university, or equivalent work experience
- License required within first 90 days of employment
- Be able to assist in preparation of proposals and presentations using marketing resources, practice groups and other producers
- Spanish speaker highly preferable
- Attention to detail is essential
- Highly organized
- Be able to maintain face-to-face and telephone contact with clients and Underwriters
- Problem solving and decision making skills essential
- Excellent communication (written, verbal, oral or presentation) skills and interpersonal skills essentials
- Must be able to work in a fast-paced and dynamic team environment where lateral thinking, initiative, self-motivation and decision-making skills are crucial
- To work with multiple stakeholders on projects with on Credit Risk Solutions as and when appropriate (including colleagues across geographies, producers and other teams within Willis Towers Watson
- Good use of Microsoft Excel, Powerpoint , Word
Compensation
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 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).
The base salary compensation range being offered for this role is $90,000.00-$120, 000.00 USD annually.
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 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 (only included for Washington roles)Retirement Benefits:
Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.
Pursuant 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.
At 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.
We 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.
