Associate Broker (Dallas)

Willis Re (UK) LimitedDallas, TexasOn-siteFull-timeJunior, 1–2 yearsListed 1 hour ago

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About this role

The Rol e

Responsible for providing assigned internal and external clients and prospects with outstanding service to allow Willis Re to create, administer, and service the best and most efficient reinsurance programs and additional services to meet the client’s needs.

Key Responsibilities

- Assist in managing clients’ accounts or portions of clients’ accounts (i.e., handle underwriting preparation, perform fact-finding procedures, may have some client interface, and assist with placement with reinsurers, etc.)
- Prepare reinsurance submissions/underwriting narratives with direction from client relationship manager; review large data sets, and with the help of other brokers, analyze, and look for trends to organize submissions and provide the best possible output to clients
- Ensure compliance with Willis Re quality standards before, during, and after placement process; responsible for quality control of all work produced on assigned accounts and proper Hub filling
- Accurately prepare memos and letters to reinsurers/clients for their signature, as well as other required signatures
- Prepare and finalize contract wording with guidance as needed, working closely with the Contract Wordings team and client relationship manager; accountable for verifying that all Slips/Cover Notes or Summary of Terms and Contract Wordings have been fully executed
- At the completion of placements, draft Post-Placement Memos, Brokerage Estimate Exhibits an Market Sheets for final sign-off of client relationship manager
- Prepare experience exhibits throughout the year with assistance from the Accounting and Claims team
- Maintain files - Complete necessary forms; document conversations via telephone, e-mail, or other electronic means; perform copy work for files, keep files up to date, etc
- Perform special projects and other miscellaneous duties as assigned by the client relationship manager or others

About Yo u

- BS/BA degree from an accredited college or university
- Minimum of two years of experience working in a reinsurance, insurance or financial services professional environment
- Working knowledge of insurance and reinsurance products with demonstrated ability to apply that knowledge properly
- Ability and willingness to build effective and constructive relationships with external clients and contacts
- Accountable to build and maintain effective teamwork, communication and interpersonal relationships with all Willis Re team members
- Ability to effectively and efficiently organize and analyze large amounts of data
- Ability to view situations from the perspective of the client in order to anticipate and meet the client’s needs
- Excellent written and verbal communication skills
- Proven skills in demonstrating use of own initiative
- Strong organization and time management abilities; accurately scopes out length and difficulty of tasks and projects; sets objectives and goals to meet deadlines; users proper channels and resources
- Working knowledge of how strategies and tactics work in insurance and reinsurance; knowledgeable in current and possible future policies, practices, trends, technology, and information affecting the insurance reinsurance markets and clients
- Strong ability to effectively use the Microsoft suite of products, particularly Excel
- High level of accuracy and attention to detail

Compensation

Salary Range : $70,000 - $85,000 - $100,000

Bonus: Discretionary

The actual salary for this position will be determined by several factors, including the scope, complexity and location of the role; the skills, education, training, credentials, and experience of the candidate; and other conditions of employment. In addition to the base salary, this position may be eligible for performance-based incentives.

We offer a competitive total rewards package which includes health and welfare benefits, paid time off, 401K savings and other retirement programs, as well as employee assistance programs.

About Willis Re

We combine specialist broking with analytics, modeling and research to help insurers optimize risk transfer, strengthen balance sheets and achieve sustainable growth. Our approach is relationship-driven, transparent and outcome-focused.

At the heart of Willis Re is a focus on delivering the most cutting-edge analytical solutions to enable more informed, better decision-making for risk selection, portfolio optimization, and capital management.

The launch of Willis Re brings a strategic advantage of being unhindered by legacy, an ability to leverage data, statistical models and advanced technologies with the best knowledge and expertise to deliver more efficient and effective reinsurance outcomes. This places Willis Re in a unique position to build a truly analytically driven business, focused on creating solutions for the reinsurance industry that are future led and forward thinking.

Willis Re will also leverage recognized technical expertise from WTW’s Insurance Consulting & Technology business including their advanced modeling and analytical capabilities. Alongside this will be WTW’s Research Network, an award-winning business supporting and influencing science to improve the understanding and quantification of risk.

Willis Re is committed to embracing a diverse, inclusive, and flexible work environment. We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation, or any other legally protected categories. If you have a need that requires accommodation, please email us at [email protected]