Senior Broker, Financial Institutions Specialist
4 days ago
We are seeking a highly skilled Senior Broker to join our Financial Institutions & Professional Services team. This role will be responsible for managing the day-to-day broking responsibilities for Financial & Executive Risk lines and Property & Casualty programs.
About the RoleThe Senior Broker will work closely with Senior Client Advocates and Strategic Client Engagement Leaders to execute broking strategy for renewal and new placements. They will lead negotiations of renewal and new placements with insurance markets on behalf of clients, contribute to new business opportunities, and retain existing books of business.
Key Responsibilities- Work with Senior Client Advocates and Strategic Client Engagement Leaders to develop and implement broking strategies for client renewals and new placements
- Lead negotiations with insurance markets to secure coverage for clients
- Contribute to the development of new business opportunities for new clients and enhance business relationships with existing clients
- Raise awareness of client risks and assess these risks to support the placement of client risks in the market
- Support Senior Client Advocates in providing coverage and program design advice and expertise to clients
In this role, you will have the opportunity to work on complex risk management programs for financial institutions, advise colleagues on risk management strategies, and negotiate policy terms and conditions with underwriters.
This is a hybrid working opportunity, with some required office time and travel to client locations. Our team offers a collaborative and dynamic environment that fosters continuous learning and growth.
Requirements- A strong understanding of the financial services industry and its risk management needs
- Excellent communication and negotiation skills
- Ability to work independently and as part of a team
- Strong analytical and problem-solving skills
- A bachelor's degree in a related field or equivalent experience
We offer a competitive salary range of $120,000 - $180,000 per year, depending on experience. Additionally, we provide a comprehensive benefits package, including health insurance, retirement savings plan, and paid time off.
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