Broker
WTW · Singapore
The Role
- Lead the broking strategy and placement of individual accounts including new business and renewals.
- Support new business RFPs – both written content and oral presentations by delivering market knowledge including proposed placement structures, pricing, and demonstrating market experience and relationships
- Work with client relationship directors, industry leaders and retail offices across the Asia region
- Provide knowledge, leadership, insight, and direction for broking activities to ensure that clients’ expectations are regularly met.
- Orchestrate new business placement, renewals, and alterations of existing coverage.
- Develop, review, and deliver presentations to secure new, and build on existing, relationships.
- Review and evaluate information and analytics to assess and evaluate client risks to support the placement of client risks in the market.
- Research and evaluate all solutions (insurance and otherwise) to identify and develop optimum risk solutions for clients.
- Provide coverage and program design advice and expertise to clients; perform needs and gap analysis to make recommendations regarding program improvements.
- Build strong partnerships with a broad range of organizations and stakeholders in the market to secure optimum terms and conditions for clients.
- Set priorities and standards for the broking function and regularly review and evaluate the performance of the function to ensure it is relevant and cutting-edge.
- Work closely with associates to stay on top of changes in the marketplace.
- Oversee design and preparation of draft proposals; negotiate and finalize carrier quotes, terms and conditions and coverage confirmations to ensure contract certainty.
- Bind carrier quotes and review binders and coverage confirmations.
- Request / Attend and participate in regular client and underwriter meetings.
- Conduct program peer reviews.
- Provide coaching to brokers in training.