FINEX FI Associate Broker
Toronto, ON, CA
2d ago

August 23, 2022

Our FINEX FI Brokers serve as an integral interface between WTW clients, prospects and various insurers in the marketplace.

They advise clients on the design of complex risk management programs; present submissions to insurers, negotiate to secure coverage that meets client needs, oversee preparation of client proposals and maintain strong relationships with key insurers.

If you are interested in helping deliver solutions that address our clients’ needs, this is the role for you.

Note : Employment-based non-immigrant visa sponsorship and / or assistance is not offered for this specific job opportunity.

The Role

  • Gather information and apply analytics to support senior brokers in assessing and evaluating client risks
  • Perform research on clients, prospects and industries
  • Obtain and distribute information from renewal lists
  • Prepare draft underwriting submission documents for review by senior brokers
  • Prepare and update summaries of insurance for review by senior brokers
  • Prepare and update proposals for review by senior brokers
  • Review quotes against specifications and develop side-by side comparisons
  • Review program binders for accuracy against quotes and complete file reviews
  • Maintain business relationships with clients and underwriters
  • Maintain insurance market intelligence and share with the FINEX team
  • Participate in I&D activities such as Young Professionals Network
  • Ensure that all WTW and regulatory compliance procedures and processes are followed and adhered to
  • Execute straightforward new business placement, renewals and simple alterations of existing cover, under supervision
  • Record and maintain all information accurately on the appropriate WTW systems
  • Work closely with associates from other departments that support the broking process (, analytics)
  • Build technical skills by satisfactorily completing basic and intermediate training courses as required
  • The Requirements

  • Bachelor’s degree or equivalent
  • Ontario RIBO license will be required. If not currently licensed, ability to obtain one within 90 days of employment
  • Negotiation skills (insurer and client); ability to maintain as-is renewal terms and handle simple business placements
  • Business Acumen : demonstrates basic knowledge / understanding of insurance business.
  • Project Management : ability to execute assigned tasks in timely fashion
  • Leadership skills : ability to make decisions and support them; ability to take control of own work; ability to seek guidance and coordinate with others when needed
  • Insurance Technical skills; demonstrates knowledge of core insurance principles; Understands coverage forms and principles
  • Strong technology acumen ability to utilize technology-based record management systems : advanced MS Office skills and familiarity with other relevant online tools
  • Demonstrates desire to learn and apply that knowledge to work assignments
  • Self-starter / requires minimal supervision, ability to execute assigned tasks in timely fashion
  • Collaborates in office, and works remotely if / when desired
  • Ability to interface with clients and collaborate internally with teammates to serve clients
  • Seeks guidance when needed, and receptive to direction and feedback
  • Good presentation skills written and oral
  • Good listening skills
  • Equal Opportunity Employer

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