Willis Towers Watson Placement Specialist, Cyber E&O in Chicago, Illinois

Placement Specialist, Cyber E&O

Date Posted: June 25, 2018


Not ready to Apply? at https://willistowerswatson.avature.net/WTWTalentNetwork


Placement Specialists serve as an integral interface between Willis Towers Watson clients and prospects and various insurance carriers in the marketplace. They advise Producers and other colleagues on the design of complex risk management programs for clients; present hard-to-place submissions to carriers, negotiate to secure coverage that meets client needs, oversee preparation of client proposals and maintain strong relationships with key carriers. If you are a consultative advisor who thrives in creating technical sound solutions that address the clients risk without turning their balance sheet upside down, this is the role for you.

The Role

Corporate Risk & Broking

We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to quantify, mitigate and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results.

The Placement Specialist is the person recognized by the client, client advocate team and the insurance marketplace as the day-to-day broker, negotiating terms and conditions of various FINEX Cyber E&O coverages on behalf of clients.


  • Broker terms and conditions for FINEX coverages for existing and new clients with a focus on the adequacy of coverage and competitive premiums

  • Utilize pre-established panels of carriers that have pre-agreed to broad terms and conditions and to service standards that are beneficial to clients

  • Provide day-to-day service to assigned clients, including the coordination of acquiring quotes, comparing terms and conditions, and binding coverage

  • Act as an available resource for clients and producers/client advocates in the specialized areas, including making recommendations

  • Participate in the efforts to grow by via new and expanded business/placements, including the cross-sell of FINEX products

  • Coordinate with local offices to ensure alignment between broking and production strategies

The Requirements

  • Technical knowledge of FINEX (management and professional liability, cyber and fidelity insurance contracts/structures)

  • Knowledge and understanding of current marketplace/ carriers

  • Transactional oriented; Ability to work on multiple placements at once

  • Working knowledge of financial statements, financial analysis, cyber-related risks and fidelity risks

  • Strong communication skills – written and oral

  • Ability to interface with customers – internal and external

  • Strong presentation skills

  • Ability to provide expert, in depth advice to client resulting in overall client satisfaction

  • Commitment to maintaining clear and accurate files

  • Insurance broker’s license required

The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

Willis Towers Watson is an equal opportunity employer

Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

Equal Employment Opportunity: Know your rights at http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf .

Unsolicited Contact : Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer.


Not ready to Apply? at https://willistowerswatson.avature.net/WTWTalentNetwork


  • Share on Facebook

  • Share on Twitter

  • Share on Google+ Share on Pinterest

  • Share on Linkedin

  • Share by Mail


  • Location:Chicago, IL, US

  • Date Posted:June 25, 2018