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WTW Associate Cyber Broker in Boston, Massachusetts

An associate broker in FINEX cyber team manages the day-to-day servicing of large and complex accounts working in conjunction with other brokers; develops business relationships with producers and internal resources; negotiates with underwriters regarding coverage terms, conditions and pricing on new and renewal accounts; prepares quotes, cover notes and worksheets; supports new business opportunities; and verifies accuracy of insurance documentation.

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role:

  • Support a book of business by performing day to day client service tasks

  • Responsibility for creation and design of renewal strategy documents for client presentations focusing on the design, marketing and placement of cyber insurance programs

  • Analysis and reporting on the risk profiles of client’s unique finance, regulatory, and legal exposures

  • Facilitate communication between broker teams and underwriters during client renewal cycles

  • Provide support for new business opportunities including expanding relationships with current clients, participating in the preparation and response for Requests for Proposals, and general prospecting support

  • Support, present and further develop FINEX cyber analytical tools

  • Participate and lead client meetings including Renewal Strategy Presentations, Underwriter Meetings, Renewal Update Conference Calls and Post-Renewal Reviews

  • Develop relationships with Producers, Client Advocates and Client Relationship Directors within the geographic region

  • Be proficient in Willis Towers Watson compliance and best practices

  • Regularly utilize Willis Towers Watson tools and resources

  • Prepares draft proposals, submissions and quotes

  • Follows up with insurance carriers and underwriters regarding the status of quotes and provides any additional information or rates as necessary

  • Maintains business relationships with producers and underwriters

  • Maintains knowledge of insurance carriers and their business practices

  • Responsibly represent WTW as a colleague within the FINEX Cyber Practice

The Requirements:

  • 1-3 Years of Professional Experience

  • Proficient in Microsoft Office (Word, PowerPoint, Excel, Outlook)

  • Understanding of Finance and Accounting

  • Strong communication skills

  • Ability to work in a fast-paced environment with challenging deadlines

  • Intellectual curiosity to learn and become proficient in FINEX insurance products

  • Ability to work productively and collaboratively in a team setting

  • Solid presentation skills – written and oral

  • Demonstrates knowledge of core insurance principles & provide explanation to clients

  • Ability to conduct research

  • Understanding of required placement workflows

  • Ability to deal with difficult client situations

  • Demonstrates knowledge of insurance structures

  • Insurance Broker’s P&C License Preferred

EEO, including disability/vets