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Senior Placement Specialist
MINNEAPOLIS MN 55416
Category: Other
  • Your pay will be discussed at your interview

Job code: lhw-e0-89771997

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Willis Towers Watson

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  Job posted:   Thu May 17, 2018
  Distance to work:   ? miles
       
  1 Views, 0 Applications  
 
Senior Placement Specialist
Senior Placement Specialist
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JOB DESCRIPTION**


Brokers serve as an integral interface between Willis Towers Watson clients and prospects and various insurance carriers in the marketplace. They advise Producers and other colleagues on the design of complex risk management programs for clients; present hard-to-place submissions to carriers, negotiate to secure coverage that meets client needs, oversee preparation of client proposals and maintain strong relationships with key carriers. If you are a consultative advisor who thrives in creating technical sound solutions that address the clients risk without turning their balance sheet upside down, this is the role for you.


**The Role**


Corporate Risk & 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.


Brokers perform a variety of critical functions including but not limited to:


+ Provide knowledge, leadership, insight and direction for broking activities associated with pollution and professional liability placements to ensure that clients' expectations are regularly met. Help the team to achieve agreed operational and financial goals and objectives.

+ Orchestrate new business placement, renewals and alterations of existing coverage.

+ Develop, review and deliver presentations to secure new, and build on existing, relationships.

+ Review and evaluate information and analytics to assess and evaluate client risks to support the placement of client risks in the market.

+ Research and evaluate all solutions (insurance and otherwise) to identify and develop optimum risk solutions for clients.

+ Provide coverage and program design advice and expertise to client; perform needs and gap analysis to make recommendations regarding program improvements.

+ Build strong partnerships with a broad range of organizations and stakeholders in the market in order to secure optimum terms and conditions for clients.

+ Set 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.

+ Work closely with associates and insurers to stay on top of changes in the marketplace.

+ Oversee design and preparation of draft proposals; negotiate and finalize carrier quotes, terms and conditions and coverage confirmations to ensure contract certainty.

+ Bind carrier quotes and review binders and coverage confirmations.

+ Review insurance policies and endorsements for accuracy.

+ Assist clients with ongoing servicing needs including the review of insurance requirements and mid-term policy modifications.


Request / Attend and participate in regular client and underwriter meetings.

Conduct program peer reviews.

Provide coaching to brokers in training.


**The Requirements**


+ Minimum 3 years relevant industry experience, including experience with pollution liability and/or professional liability insurance.

+ Insurance broker's P&C license required within 60 days of employment.

+ Strong presentation skills (written and verbal)

+ Relationship management and customer focus; able to interface with customers and leverage relationships to bring solutions to client needs. Ability to drive conflict resolution.

+ Negotiation skills: ability to deal with difficult client situations and drive consensus to close deals.

+ Business acumen: demonstrates knowledge of core insurance principles and structures, industries and clients, carriers and/or markets.

+ Ability to provide expert, in-depth advice to clients, resulting in overall client satisfaction.

+ Critical thinking and problem solving skills; high adaptability.

+ Ability to prioritize and manage the placement and servicing of multiple accounts.

+ Attention to detail; ability to review and recognize differences in various insurance forms.

+ Strong leadership skills; applies judgement, collaborates with, mentors and motivates others.

+ Deep understanding of required placement workflows; able to apply knowledge of coverage forms in the analysis of program design, and identification of coverage gaps.

+ Develop new partner markets where needed locally and support nationally based relationships with carriers and clients

+ Technology acumen - ability to utilize technology-based record management systems; basic MS Office skills and familiarity with other relevant online tools.


**The Company**


Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas - the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.


**Willis Towers Watson is an equal opportunity employer**


Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

Equal Employment Opportunity: **Know your rights.** at

**Unsolicited Contact** : Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer.


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**JOB SNAPSHOT**


+ Location:Saint Louis Park, MN, US

+ Date Posted:May 15, 2018

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