Property Broker - Facultative Reinsurance
WTW
**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**
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