Lead Associate

Lead Associate

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

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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.