Caribbean Placing Broker

As a Retail Insurance Broker, you will play a vital role in our organization by assisting clients in navigating the complexities of insurance products and selecting the most suitable coverage options. You will serve as a trusted advisor, leveraging your knowledge of the insurance market and regulations to provide tailored solutions that meet the specific requirements and objectives of our clients.

The Role

• Client Consultation: Conduct thorough assessments of clients' insurance needs through detailed consultations, understanding their risk exposures, financial circumstances, and coverage preferences.
• Product Recommendations: Analyze various insurance products from multiple carriers to identify suitable options that align with clients' requirements and budgetary constraints.
• Policy Management: Facilitate the entire insurance process, including policy issuance, renewal, amendments, and claims management, ensuring timely and efficient service delivery.
• Relationship Building: Cultivate strong relationships with clients, insurance carriers, and underwriters to negotiate competitive rates, terms, and conditions on behalf of clients.
• Market Research: Stay abreast of industry trends, regulatory changes, and emerging risks to provide informed advice and innovative solutions to clients.
• Compliance: Adhere to regulatory guidelines and compliance standards governing the insurance industry, maintaining accuracy and integrity in all client transactions.
• Documentation and Reporting: Prepare accurate documentation, reports, and correspondence related to client interactions, policy transactions, and insurance placements.
• Customer Service: Provide ongoing support and assistance to clients, addressing inquiries, resolving issues, and proactively managing their insurance portfolios to ensure satisfaction and retention.

The Requirements

• CII qualification  
• Minimum of 15 years of insurance experience 
• Strong knowledge of insurance products, coverages, and regulations, particularly in property and casualty insurance.
• Excellent communication, negotiation, and interpersonal skills.
• Proven track record of building and maintaining client relationships.
• Ability to work independently and collaboratively in a fast-paced environment.
• Proficiency in insurance software and Microsoft Office applications.

Company Benefits 

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (only included for Washington roles)
• Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.

Equal Opportunity Employer

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.