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    Account Executive in Property & Casualty Complex

    Madrid, Community of Madrid, Spain

    Account Executive in Property & Casualty Complex

    • 202404939
    • Madrid, Community of Madrid, Spain
    • Closing on: Nov 30 2024

    Description

    The Technical Broker oversees day-to-day placement and broking responsibilities including business relationships with producers, client advocates and markets; provides expertise on difficult-to-place business; conducts contract reviews; negotiates with underwriters regarding coverage terms, conditions and pricing on new and existing programs; evaluates quotes, prepares marketing reports; manages pro-forma analysis information and distribution; assists teams with RFP and new business proposal development, and performs other duties as assigned.

    The Role

    • Complete Risk Assessment and Definition.
    • Review and validation of risk underwriting information.
    • Determine required benchmarking based on client desires, broking and retention strategies.
    • Define and design the optimal risk program and structure. Prepare proposals, calculate premium and issue quote.
    • Process claims information to produce claims projections and studies to design and analyse different deductibles scenarios.
    • Prepare risk inspection and verification reports, including their identification and quantification.
    • Conduct client meeting(s) with market(s).
    • Deliver broking advice to Clients.
    • Submission and requests to market generation. Obtain long list of quotes from carriers.
    • Prepare benchmarking analyses of market quotes.
    • Work closely with CRMs to solve specific customer problems and identify opportunities to increase the value of the insurance programme and services quality.
    • Align with relevant partners / carriers and coordinate market responses and proposals with other teams involved in RFPs / bid management.
    • Technical support to S&CS.
    • Responsible for Broking Platform data loading.
    • Contractual document preparation (offers to client, policy check).
    • Complete surplus lines filings, fee & tax payments, and report consistently.

    Qualifications

    The Requirements

    • + 2 years of insurance experience in a Spanish market facing or underwriting role required; Property and Casualty license required.
    • Ability to leverage internal and external relationships to bring WTW resources and assets tailored to client needs.
    • Demonstrated ability to develop innovative and creative solutions to do complex deals, drive consensus across internal and external stakeholders to close deals.
    • Solid presentation skills (written and oral); ability to drive complex/technical conversations and engage at executive level.
    • Intermediate to advanced Excel skills (i.e., pivot tables, formulas, macros, etc.); spreadsheet creation / manipulation a plus.
    • Ability to deal with difficult client and market situations.
    • Receptive to feedback: critical thinking and problem-solving skills; high adaptability.
    • Language skills: Your mother tongue is Spanish, and you have a very good knowledge of English.

    Equal Opportunity Employer

     

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