Bachelor's degree in International Business, Finance, or related field.
Two years of experience in a broker or underwriter role.
Experience with General Liability, Workers' Compensation, and Auto Liability programs.
Proven track record in designing insurance placements for mid-market and large clients across diverse industries.
Strong negotiation skills with insights on coverage gaps and global pricing benchmarks.
Ability to leverage loss history analytics for risk assessments and financing strategies.
Experience in presenting tailored insurance solutions that align with client objectives.
Responsibilities
Lead client engagements and develop a deep understanding of their business and risk management needs.
Advise clients on global risk strategies and regulatory nuances affecting their decisions.
Package and present client risk exposures to insurers for optimal coverage implementation.
Design and negotiate non-US Casualty program placements with a focus on service standards.
Manage detailed documentation processes, ensuring accuracy and efficiency in certificates and policies.
Build technical industry knowledge and evaluate clients' international exposures.
Communicate effectively with international networks and maintain ownership of client communication.
Benefits
Professional development opportunities to broaden technical expertise.
Access to a global network for enhanced service delivery.
Dynamic work environment with exposure to diverse industries.
Opportunity to lead and influence client risk strategies.
Full Job Description
Job Description
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.
About Willis Towers Watson
Willis Towers Watson is a global insurance and risk management company that provides a range of services to clients in more than 140 countries. The company was formed in 2016 through the merger of Willis Group Holdings and Towers Watson & Co. Willis Towers Watson offers a range of insurance products, including property and casualty insurance, life insurance, and health insurance. The company also provides risk management and consulting services, including actuarial services, investment consulting, and human capital consulting. Willis Towers Watson is known for its expertise in risk management and its ability to help clients navigate complex insurance and regulatory environments.
