Description
The Technical Broker oversees day-to-day placement and broking responsibilities including business relationships with producers, client advocates and markets; provides expertise on difficult-to-place business; conducts contract reviews; 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 teams with RFP and new business proposal development, and performs other duties as assigned.
The Role
* Complete Risk Assessment and Definition.
* Review and validation of risk underwriting information.
* Determine required benchmarking based on client desires, broking and retention strategies.
* Define and design the optimal risk program and structure. Prepare proposals, calculate premium and issue quote.
* Process claims information to produce claims projections and studies to design and analyse different deductibles scenarios.
* Prepare risk inspection and verification reports, including their identification and quantification.
* Conduct client meeting(s) with market(s).
* Deliver broking advice to Clients.
* Submission and requests to market generation. Obtain long list of quotes from carriers.
* Prepare benchmarking analyses of market quotes.
* Work closely with CRMs to solve specific customer problems and identify opportunities to increase the value of the insurance programme and services quality.
* Align with relevant partners / carriers and coordinate market responses and proposals with other teams involved in RFPs / bid management.
* Technical support to S&CS.
* Responsible for Broking Platform data loading.
* Contractual document preparation (offers to client, policy check).
* Complete surplus lines filings, fee & tax payments, and report consistently.
Qualifications
Requirements
* 3 years of insurance experience in a market facing or underwriting role required; Property and Casualty license required.
* Technical insurance skills to apply knowledge of coverage forms in analysis of program design, identification of coverage gaps and ongoing coverage consultation.
* Demonstrated excellence in interpreting, analysing and presenting models in a logical, systematic way.
* Ability to leverage internal and external relationships to bring WTW resources and assets tailored to client needs.
* Demonstrated ability to develop innovative and creative solutions to do complex deals, drive consensus across internal and external stakeholders to close deals.
* Solid presentation skills (written and oral); ability to drive complex/technical conversations and engage at executive level.
* Intermediate to advanced Excel skills (i.e., pivot tables, formulas, macros, etc.); spreadsheet creation / manipulation a plus.
* Ability to deal with difficult client and market situations.
* Receptive to feedback: critical thinking and problem-solving skills; high adaptability.
* Language skills: Your mother tongue is Spanish, and you have a very good knowledge of English.
WTW an Equal Opportunity Employer
#J-18808-Ljbffr