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Property Broker - Facultative Reinsurance

WTW

WTW

Atlanta, GA, USA
Posted on Feb 27, 2025

Job Description

Property Broker in our Facultative Division oversees day-to-day placement and broking responsibilities for North American accounts including new business development; develops business relationships with producers and markets; 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 regional teams with RFP and new business proposal development, and performs other duties as assigned.

The Role:

  • Brokerage responsibilities for a book of new and recurring property exposures
  • Leads broking communication efforts by e-mail, telephone, and written correspondence with underwriters and producers
  • Obtains and distributes information from client and/or producing office
  • Assists or may lead front end sales/RFP efforts
  • Negotiates contract endorsements
  • Prepares/oversees creation of proposals, submissions and quotes and binders
  • Design and prepare analytics/modeling material for clients and offices
  • Evaluates and develops coverage confirmation for review
  • Reviews certificates for accuracy and completeness
  • Sorts and distributes work assignments for developing brokers
  • Maintain and develop business relationships with client advocates, producers and senior underwriting contacts
  • Maintains knowledge of insurance carriers and their business practice
  • Participates in continuing education to maintain licensure and industry credentials

Qualifications

The Requirements:

  • Insurance broker’s P&C license will be well regarded, but not necessary.
  • Risk Management/Insurance degree will be well regarded
  • 2-5 years of Facultative Property experience preferred
  • Large account loss sensitive experience is required
  • Experience in claims analysis, Cat modelling, line setting and pricing will be well regarded
  • Demonstrated knowledge of core (re)insurance principles & provide explanation to clients
  • High level of Property coverage fluency
  • Demonstrated excellence in negotiation skills and influence skills are critical
  • Demonstrated ability in conflict resolution and selling skills are a plus
  • Attention to detail and process orientation
  • High proficiency with Excel formulas and spreadsheet creation/manipulation a plus
  • Understanding of required placement workflows
  • Self-starter/requires minimal supervision
  • Will seek guidance when needed
  • Solid presentation skills-written or oral
  • Enhancing client service skills
  • Ability to deal with difficult client situations
  • Demonstrates knowledge of insurance structures

EEO, including disability/vets

Job Info

  • Job Identification 202500053
  • Job Category Client Relationship Management
  • Posting Date 01/14/2025, 01:53 PM
  • Locations Atlanta, GA, United States
  • Apply Before 03/31/2025, 02:53 PM
  • Job Schedule Full time