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Underwriter - Facultative & Structured Risks

WTW, New York, New York, United States

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This job is with WTW, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Description

Underwriter within our Facilities Group, part of our Facultative & Structured Risks Division supports the underwriting of property risks placed into the Client Edge Facility. This role assists facility leadership in evaluating submissions, supporting quoting activity, and maintaining underwriting discipline across shared and layered property programs. The position offers hands‑on exposure to complex property risks, facility underwriting, and collaboration with brokers and carrier partners.

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

Manages brokerage responsibilities for a book of new and recurring exposures

Leads broking communication efforts by e-mail, telephone, and written correspondence with underwriters and producers

Obtains and distributes information from client and/or producing office

Assists or may lead front end sales/RFP efforts

Prepares/oversees creation of proposals, submissions and quotes

Design and prepare analytics/modeling material for clients and offices

Evaluates and develops coverage confirmation for review

Reviews binders for accuracy and completeness

Sorts and distributes work assignments for developing brokers

Maintain and develop business relationships with client advocates, producers and senior underwriting contacts

Maintains knowledge of insurance carriers and their business practice

Participates in continuing education to maintain licensure and industry credentials

Qualifications

The Requirements

A Bachelor’s degree in a related field

Prior experience in administrative or support roles

Demonstrated excellence in negotiation skills and influence skills are critical

Demonstrated ability in conflict resolution and selling skills are a plus

Attention to detail and process orientation

Exposure to Excel formulas and spreadsheet creation/manipulation a plus

Understanding of required placement workflows

Self-starter/requires minimal supervision

Will seek guidance when needed

Solid presentation skills-written or oral

Enhancing client service skills

Ability to deal with difficult client situations

Demonstrates knowledge of insurance structures

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.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation.

Compensation

The base salary compensation range being offered for this role is $85,000-$105,000 USD per year.

This role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW 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/vets

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