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Corporate Risk & Broking Producer
Corporate Risk & Broking ProducerDetroit Staffing • Detroit, MI, US
Corporate Risk & Broking Producer

Corporate Risk & Broking Producer

Detroit Staffing • Detroit, MI, US
[job_card.30_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

Producer Role

In the Producer role, you will be responsible for developing and managing an active pipeline through seeking out prospects, calling on potential clients, conducting in depth needs analysis / risk assessments, developing ideas for meeting their needs, presenting information on the organization's capabilities, strategically cross-selling products aligned with clients' needs and partnering with the industry's top technical specialists, to win and retain the business.

The role is directed toward the generation of new sales to existing and prospective clients. Success is based on the incumbent's ability to win and retain new business and meet or exceed established sales goal targets related to revenue growth, mix of business and penetration into industry specific targets.

Sales Process :

  • Prepare proposals and presentations using marketing resources, practice groups and other WTW producers.
  • Design individual prospect sales strategies and develop unique prospect programs.
  • Align with individual client sales strategies.
  • Conduct thorough needs analysis / risk assessment to uncover prospects / clients' unique coverage needs.
  • Provide consultative advice in key risk areas.
  • Identify and close potential cross-sell opportunities.

Client Management :

  • Maintain consistent / high quality touch points by phone and face to face with clients.
  • Champion the proper advocacy of claims.
  • Participate in stewardship meetings.
  • Support Client Management team in identifying and closing rounding opportunities.

    • Pipeline Management :

  • Identify prospects for business from existing and prospective clients.
  • Develop new relationships with individuals responsible for insurance and risk management decisions.
  • Obtain referral leads from existing clients.
  • Aggressively identify and pursue cross-selling opportunities.
  • Participate and take leadership roles in targeted community and professional associations.

    • People Management :

  • Provide annual input for the performance review of team members.
  • Provide timely / quality feedback to service team members; assist team members in acquiring new skills.
  • Help to identify and develop future producer talent.

    • Qualifications : The Requirements :

  • Bachelor of Arts / Bachelor of Science degree in related field of study preferred.
  • Valid State-relevant insurance license(s) only add this if the candidate has a current license.
  • Prior experience working for or with Financial Institutions or Professional Services firms.
  • Proven track record of successful pipeline development, delivery of effective sales strategies and reputation as a client-centric sales professional.
  • Comprehensive working knowledge of principles and methods of selling products; services and value propositions; sales marketing strategies and tactics; technical knowledge of insurance and risk management products, services, and value propositions; pipeline management and cross-selling.
  • Ability to identify and leverage essential information and think in a critical and logical manner.
  • Ability to work in a client-centric strategic and decisive manner according to tight deadlines.
  • Excellent communication (written, verbal and oral) skills and interpersonal skills.

    • Compensation :

    The base salary compensation range being offered for this role is $175,000$250,000 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 or remote only)
  • Retirement Benefits : Contributory Pension Plan and Savings Plan (401k)
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