Senior Broker Reinsurance in Philadelphia, PA at Willis Towers Watson

Date Posted: 9/12/2017

Job Snapshot

  • Employee Type:
    Full-Time
  • Experience:
    At least 8 year(s)
  • Date Posted:
    9/12/2017

Job Description


Job Title: Sr. Broker - Reinsurance 
Location: Philadelphia, PA

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
Investment, Risk and Reinsurance

Our sophisticated approach to risk helps clients free up capital. We work in close concert with investors, reinsurers, and insurers to manage the equation between risk and return.  Blending advanced analytics with deep institutional knowledge, we reveal new opportunities to maximize performance.

The Role
Willis Towers Watson Re is seeking ambitious, analytical broking talent with 8+ years of experience in insurance or consulting. This is a client facing role in a team environment that involves servicing existing accounts, as well as new business production and new product development.        

Essential duties and responsibilities include the following. Other duties may be assigned.
  • Work across broking teams, actuaries and cat modelers to analyze portfolio level insurance risk.
  • Advise clients on reinsurance treaty structures to mitigate downside risk and improve capital efficiency.  
  • Generate new business opportunities.
  • Negotiate and place reinsurance treaties utilizing markets from the US, London, Bermuda and around the world.
  • Coordinate and attend underwriting and claims audits of insurance clients.
  • Ensure company, market and client related documentation is issued (internally and externally) accurately and on time.
  • Comply with external and internal regulatory and statutory policies, procedures and regulations.
  • Coordinate internal resources, such as analytics, contracts and client services to provide solutions to client(s).
  • Participate on the development of content and product to assist production in the Surety Segment.
  • Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience:                      
Bachelor's degree from four-year College or university.  8+ years of work experience, preferably in Property and Casualty insurance, credit reinsurance or consulting.  Experienced giving presentations to clients and internal groups.  Experience broking credit reinsurance is advantageous.

Language Skills:           
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.  Ability to write reports, business correspondence, and procedure manuals.  Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Mathematical Skills:           
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.  Ability to apply concepts such as fractions, percentages, ratios, percentiles and proportions to practical situations.

Reasoning Ability:           
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Physical demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to stand; walk; sit; use hands to finger, handle, or feel and talk or hear.

Work environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually quiet.

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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