World Insurance Associates, LLC Hiring for Commercial Lines Placement Consultant at Waltham, MA Full Time

Summary

World Insurance Associates is a unique insurance organization offering top products and services from major providers, combined with attentive service from local agents.

Founded in 2011, World is one of fastest-growing insurance brokers in the U.S. with over 2,200 employees in over 210 offices across North America. We specialize in personal and commercial insurance lines, surety and bonding, employee benefits, financial and retirement services, and human capital management solutions.

WORK EPXERIENCE/JOB QUALIFICATIONS

Minimum 10 years industry experience in brokerage placement, carrier underwriting, and carrier relationship management role; or in combination

Complete and thorough understanding of the insurance broker’s sales, service, and placement process

Strong ability to influence and negotiate with trading partner peers, and achieve optimal outcomes for clients and prospective clients

RESPONSIBILITIES

Strong understanding of World expertise, structure, distribution strategy, and value proposition

Remain current and up to date of the diverse characteristics of the global insurance industry marketplace including:

• Middle market and large account segments
• All property and casualty products
• Program designs including guaranteed cost/first dollar, deductible/retention structures, quota share & layered property, liability towers, risk management, and alternative risk programs

Promote utilization of World resources and strategic trading partners

Placement of new and renewal middle market and large account business as defined by the Placement Division

Commitment to working in a collaborative environment amongst cross-functional teams

Establish program design recommendations and articulate suggested placement strategies in conjunction with the Client Advisor and/or Account Executive

Assist with the preparate of submissions and applications required by the underwriting community

Direct submissions to the appropriate trading partners and negotiate best in class coverage terms, conditions, capacity, and cost

Prepare coverage comparisons based upon quotations and proposals received from underwriters

Participate in pre-renewal and proposal meetings with clients and prospective clients as needed or upon request by the Client Advisor and/or Account Executive

Assist with placement and insurance program aspects of stewardship s where required

Maintain focus on World-authorized workflow and standard operating procedures to support consistency across the World enterprise

ESSENTIAL SKILLS/COMPETENCIES

Project/process management discipline and follow-through

Compelling deductive reasoning skills

Substantial inter-personal skills and associate engagement expertise

Effective listening and communication skills

Collaborative nature

Action-oriented, ambitious, initiative-taker

Analytical and creative thinker

Commitment to continuous learning and development

Good understanding of complex property and casualty insurance programs, risk management, and alternative risk structures

Purposeful, results-driven, competitive, tenacious desire to win

Understands how to identify and apply corporate resources to achieve optimal outcomes for clients and prospective clients

Knowledgeable of the global insurance marketplace and keeps current with changing marketplace landscape

Strong ability to influence and negotiate with trading partner peers, and achieve optimal outcomes for clients and prospective clients

LEADERSHIP

Collaborate with Practice Leaders, Division Leaders, and Division Growth & Service Leaders to ensure Placement objectives are in accordance with World corporate objectives

Stay aligned with customer acquisition strategies to ensure Placement activity effectively supports growth initiatives

Support and embed World workflow processes and procedures

Represent World brand to the global marketplace in a professional manner

Identify creative ways to work more efficiently with our key trading partners

Identify and maintain close relationships with World’s key trading partners decision-makers at regional management level

Encourage other associates to align with World initiatives, values, and principles

Confident to challenges those whose behavior’s conflict with World values and principles

COMPUTER SOFTWARE SKILLS

Proficient in all Microsoft office products

Mid-level expertise with excel

PROFESSIONAL LICENSES/CERTIFICATIONS

Preferred insurance designation such as ARM or CPCU

Licensed Property & Casualty insurance producer in resident state

EDUCATION

4-year college degree from an accredited institution or equivalent professional designation

Equal Employment Opportunity

At World Insurance Associates (WIA), we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. WIA is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, WIA makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

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