Early Careers: CRB Graduate Development Program

3 weeks ago

Toronto, Ontario, Canada WTW Full time

Program Overview

The CRB Graduate Development Program is a two-year non-rotational program designed to provide graduates with a holistic view of CRB, hands-on experience, and opportunities to make an impact and shape their own career.

Participants will undergo a 1-week in-person orientation followed by a robust onboarding training, learning about various functions within CRB.

Broking Placement Overview

WTW's Broking teams deliver superior results for clients' business and risk management needs through deep industry-specific expertise.

The role of a broker is to help clients mitigate their total cost of risk, working with them to assess, model, and structure risk.

Common tasks may include preparing and sending out submissions, liaising with markets, analyzing exposures, working through risk models, and negotiating quotations.

Responsibilities:

  • Gather information and analytics to assess and evaluate client risks to support the placement of client risks into the market.
  • Create Loss Summaries, review program binders for accuracy, check policies, and aid brokers and senior brokers.
  • Prepare draft submission documents and finalize submissions for delivery with the support of more experienced brokers.
  • Review quotes against specifications and develop side-by-side comparisons with the support of more experienced brokers.
  • Prepare program proposals with the support of more experienced brokers.
  • Develop client and prospect presentations to secure new and build on existing relationships with the support of more experienced brokers.
  • Assist on any deliverables for Client Renewal Strategy Meeting & RFPs.
  • Research market solutions to learn how to identify and develop optimum risk solutions for clients.
  • Facilitate initial introductions to carrier and trading partners.
  • Begin understanding core insurance principles and brokerage concepts.
  • Ensure quality and compliance procedures and processes are adhered to.
  • Record and maintain all information accurately on the appropriate systems.
  • Obtain the required insurance license within ninety (90) days of your date of hire.
  • Obtain and maintain an active surplus lines license for your resident state within 120 days of either your date of hire or obtaining your resident state insurance license.

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