Placement Specialist, Builders Risk in New York, NY at Willis Towers Watson

Date Posted: 9/12/2017

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    New York, NY
  • Experience:
    At least 3 year(s)
  • Date Posted:
    9/12/2017

Job Description

Placement Specialist, North American Builder’s Risk
Location: New York, NY
 
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.

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.
 
The Role
Serve as Placement Specialist.  Lead placement and advisory efforts for the following construction property products: Master Builder’s Risk, Project Builder’s Risk and Contractor’s Block.  Provide knowledge, leadership, insight and direction for construction property 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.

Responsibilities
  • 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 to assess and evaluate client risks in order to support the placement of client risks in the market.
  • Research and evaluate all solutions (insurance and otherwise) in order to identify and develop optimum risk solutions for clients.
  • Provide coverage and program design advice and expertise to client; 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 to stay on top of changes in the marketplace.
  • Oversee preparation of draft proposals and finalization of carrier quotes and coverage confirmations to ensure contract certainty.
  • Bind carrier quotes and review binders and coverage confirmations.
  • Request /attend and participate in regular client meetings.
  • Provide coaching to brokers in training.

 
Qualifications:
  • +3 years of relevant industry experience
  • Insurance broker’s P&C license required, but may be secured after hiring, if necessary
  • Demonstrates knowledge of core insurance principles & provide explanation to clients
  • Deep understanding of required placement workflows
  • Must demonstrate core competency of Willis Towers Watson Values & Vision
  • Ability to provide expert, in-depth advice to client resulting in overall client satisfaction

 
 
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. 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.

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