Willis Towers Watson
Associate Global Specialist
Posted on Jul 3 Short Hills, NJ 325 views
WTW’s Global Services & Solutions team is an industry leading brokerage team built to drive a more effective process and outcome for complex global insurance placements. By focusing best in class talent on our client’s most complex risk issues, WTW is able to deliver risk solutions which optimize Total Cost of Risk. We are seeking Global Specialists for our Global Services and Solutions practice that will be responsible for assisting the broader client service and brokerage teams in the advisory, development, implementation and coordination of complex international programs.
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Base salary range and benefits information for this position are being included in accordance with requirements for various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role base on several factors, including but not limited to location of the role, individual qualifications, education/profession certifications, experience, performance in the role and potential for revenue generation (Producer roles only).
The base salary being offered for this role is $65,000 - $80,000. The role is also eligible for a Short-Term incentive plan.
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role:
- Develop a deep understanding of the clients’ business, strategic priorities, risk strategies and risk management needs.
- Advise clients on global risk strategy, optimum program structure and geographical nuances and regulations impacting their risk decisions.
- Package and present client risk exposures to insurer community to implement best coverage and program implementation.
- Design & negotiate non-US Casualty program placements; including coverage expertise and program service standards.
- Ability to complete a high volume of detailed work including certificates and policies accurately and efficiently. Must have strength in gathering, analyzing and tracking large scale data.
- Competency to build technical industry knowledge, establish an understanding of the international marketplace, and help the brokerage team evaluate clients’ international exposures.
- Communicate with international network on service of global programs. Maintain primary ownership of communication flow between network, State-side brokerage team and the client.
- Review appropriate binding documentation and aide in development of quote comparison. Supervise invoicing process, coordinating delivery of documentation globally and monitor payments to avoid policy cancellation.
- Assume ownership of professional development, continuously seeking opportunities to broaden technical insurance expertise.
- Keep abreast of changing market conditions and informs team members and/or clients of major developments affecting various types of coverage.
- Maintain, execute and resolve open items lists on a variety of projects for assigned clients.
- Manage a Multinational Book of Business relative to the Global Services & Solutions model as follows:
Associate Global Specialist
: First point of contact and day-to-day management of solutions-based resolution and anticipation of client needs on Corporate Basic and Complex Corporate clients; Secondary contact as directed by the primary or Sr. on Large & Complex as well as Jumbo level clients, managing open items, CSS oversite and day-to-day tasks touching both clients and markets. Estimated size of book 20-30 clientsGlobal Specialist
: First point of contact and day-to-day management of solutions-based resolution and anticipation of client needs on Complex Corporate and Large & Complex clients; Secondary contact as directed by the primary or senior on Large & Complex as well as Jumbo level clients, managing open items, CSS oversite and day-to-day tasks touching both clients and markets. Will also be the secondary but senior point of contact on Corporate Basic or Corp Complex as a point of escalation, oversight, mentoring and training. Estimated size of book 10-25 clientsSenior Global Specialist
: First point of contact and day-to-day management of solutions-based resolution and anticipation of client needs on Large & Complex and Jumbo clients; Secondary contact as a senior point of contact on Corporate Complex as well as Large & Complex clients as a point of escalation, oversight, mentoring and training. Will also be more involved on sales opportunities, potential of a tertiary role holding a more strategic client relationship depending on client. Estimated size of book 10-25 clients
The Requirements:
- Bachelor’s Degree from an accredited college or university preferred; international business or finance preferred
- Insurance industry experience by level:
Associate Global Specialist
: 2-5 years preferred but not requiredGlobal Specialist
: 3-10 years of experience depending on complexity of client mixSenior Global Specialist
: 8-20 years of experience depending on complexity of client mix along with education
- Proficiency in foreign language(s), a plus
- Qualified candidates will be those who demonstrate the following skills: effective verbal and written communication, time management and prioritization, strong attention to detail, customer service capabilities and commitment to personal growth
- Proficiency in Microsoft Office Suite with a strong command of Excel
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements for various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role base on several factors, including but not limited to location of the role, individual qualifications, education/profession certifications, experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary being offered for this role is $65,000 - $80,000. The role is also eligible for a Short-Term incentive plan.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):