Political Risk Insurance Client Advisor at WTW

DescriptionPolitical risk insurance (PRI) protects companies investing in or trading with foreign countries against losses caused by certain political perils Key perils include actions of a government such as expropriation deprivation embargo export restrictions currency inconvertibility/ non-transfer and sovereign nonpayment as well as damage to property or the need to abandon operations due to war political violence and terrorism.The successful candidate will work with the other members of the global team to advise develop deliver and continuously review risks and solutions for both new and existing corporate clients within the Americas. The aim is to assume management of a book of businesses and handle all stages of client engagement as well as place business for new clients contributing to our growth targets. From time to time they will also contribute to the practice through supporting various projects. Such projects may include loss data research industry specific product-development and innovation thought leadership and internal and external communications on relevant advances in the field.The Role:Geopolitical Research & PRI Practice projectsIdentify and monitor key news issues events key arbitrations or documents of leading think tanks trade associations and other organizations to stay abreast of geopolitical landscape foreign direct investment climates and key parties involvedProjects for the PRI practice including product innovations incident and loss research benchmarking industry risks and product development PRI marketplace dynamicsClient Advisory Placement and ServiceAccount responsibilities for existing and new business include:Risk Identification:engage with clients to assess their risk management needsProgram Design: propose placement structure(s) based on risk characteristics client parameters and marketplace dynamicsProgram Development: negotiate with PRI marketplace in the quotation process including bespoke wording solutionsProgram Delivery: manage policy deliveryAccount Management: manage all stages of subsequent anniversaries & renewals including presentations exposure comparisons risk analysis and recommendationsAccount Maintenance: manage and monitor payment of premiums and practice revenues; manage files for each account and support auditsMay participate in practice budget and income related meetingsNew Business DevelopmentProspect Identification: identify appropriate prospectsPipeline Management: manage open CRM opportunitiesInternal (Willis) Outreach: build relationships and educate internal audiencesMarketing Campaigns: support marketing campaigns in various media formsExternal Outreach: may attend events in international business or relations field and cultivate contacts accordinglyProduct Innovation: assists in identifying needs for new products approaches or wordings and suggests solutions to colleaguesNote: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.QualificationsStrong interest in international business1-5 years of experience demonstrated through internships and/or job experienceAdvanced proficiency in Microsoft Office (Word Excel and PowerPoint).Candidate must be self-motivated goal-oriented and a collaborative team playerStrong interpersonal skills that enable effective interaction with clients colleagues and underwriters with various cultural backgrounds and under time pressureBachelors degree in: Economics Finance Accounting International Relations Political Science Risk Management or a related field.Foreign language proficiency specifically Spanish is welcomedFamiliarity with political risk analytical modeling experience in property & casualty insurance experience with client management experience in sales and prior international work or life experience are each a plusWithin three months of hire the candidate must obtain an insurance producer license.This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.Company BenefitsWTW provides a competitive benefit package which includes the following (eligibility requirements apply):Health and Welfare Benefits: Medical (including prescription coverage) Dental Vision Health Savings Account Commuter Account Health Care and Dependent Care Flexible Spending Accounts Group Accident Group Critical Illness Life Insurance AD&D Group Legal Identify Theft Protection Wellbeing Program and Work/Life Resources (including Employee Assistance Program)Leave Benefits: Paid Holidays Annual Paid Time Off (includes paid state/local paid leave where required) Short-Term Disability Long-Term Disability Other Leaves (e.g. Bereavement FMLA ADA Jury Duty Military Leave and Parental and Adoption Leave) Paid Time Off (Washington State only)Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers we will consider for employment qualified applicants with arrest and conviction records.At WTW we trust you to know your work and the people tools and environment you need to be successful. The majority of our colleagues work in a hybrid style with a mix of remote in-person and in-office interactions dependent on the needs of the team role and clients. Our flexibility is rooted in trust and hybrid is not a one-size-fits-all solution.We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.EOE including disability/vetsRequired Experience:Unclear Seniority Key Skills Estate Law,Sales Experience,Direct Sales,Time Management,Trusts,Quality Assurance,Customer Service,Swift,Training & Development,Insurance Sales,Medicare,Wills Employment Type : Full-Time Experience: years Vacancy: 1