Lead Associate

Chicago, Illinois, United States

Lead Associate

  • 202607161
  • Chicago, Illinois, United States
  • Full time

Description

The Business

 

The Corporate Risk & Broking (‘CRB’) business places more than $34 billion of premiums into the insurance markets on an annual basis and delivers integrated global solutions tailored to client needs. This is underpinned by data and analytics through a balanced matrix of global lines of business and local Property and Casualty businesses, across four geographical areas: North America, Great Britain, Western Europe and International. Globally, and across the businesses, our specialized and data-driven approach is underpinned by our risk analytics and climate analytics propositions.

 

 

The Role

 

DUTIES:

  • Lead Associate with Willis Americas Administration Inc. in Chicago, IL

  • Develop a deep understanding of clients’ businesses, 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 and negotiate non-US Casualty program placements; including coverage expertise and program service standards.

  • Complete a high volume of detailed work including certificates and policies accurately and efficiently.  Apply strength in gathering, analyzing and tracking large scale data.

  • Demonstrate 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 aid in the development of quote comparisons.  Supervise invoicing processes, 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 inform 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.

 

 

Qualifications

The Requirements

 

REQUIREMENTS:

  • Bachelor's degree (U.S. or foreign equivalent) in International Business, Finance or a related field.

  • Two (2) years of experience in a related broker or underwriter role.

  • Experience implementing General Liability, Workers' Compensation, and Auto Liability programs, ensuring compliance with regulatory frameworks and consistency across jurisdictions

  • Experience designing insurance placements for mid-market as well as large and complex clients across various industries including energy, construction, professional liability, higher education, manufacturing, agriculture, and technology sectors

  • Experience negotiating terms and providing strategic insights on coverage gaps, loss trends, and global pricing benchmarks

  • Experience leveraging loss history analytics to support risk assessments, optimize self-insured structures, and enhance global risk financing strategies

  • Experience presenting tailored insurance program solutions to clients, aligning coverage structures with operational risks, financial objectives, and global compliance requirements while clearly communicating complex concepts to support strategic decision-making and reduce total cost of risk exposures.

 

 

Unsolicited Contact

Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer. If you would like to have your contact information saved for future consideration, please email: Agency.inquiries@willistowerswatson.com.

Our Offices

Our colleagues serve more than 140 countries and markets around the world. This gives a global dimension to everything we do and creates lots of exciting opportunities for you to collaborate and grow. Explore the map below to see where you career could take you.