Technical Placement Executive

Description

Job Summary: We are seeking a Placement professional to manage quotations, lead market submissions, and coordinate renewals, ensuring competitive placements aligned with client needs. Key Highlights: 1. Manage quotations and analyze technical offers from insurers. 2. Negotiate with insurers to improve terms and coverage. 3. Prior experience in insurance brokerage or an insurer, with a focus on corporate clients. **Description** --------------- The selected candidate will join the Placement team and be responsible for **managing new quotations, leading market submissions, coordinating renewals, and analyzing technical offers** received from insurers. The primary objective of this role is to ensure competitive, technically sound placements that align with client needs and company standards. **Key Responsibilities:** **1\. Quotation and Technical Analysis** * Manage **new quotations**, gathering necessary information from the sales team or the client. * Prepare **technical documentation** to submit to insurers for new business or renewals. * Analyze **received offers**, identifying differences in coverage, exclusions, and financial terms. * Produce clear, accurate, and decision-oriented **technical comparisons**. **2\. Market Submissions** * Coordinate and execute **end-to-end market submissions**, contacting insurers, sending slips or risk summaries, and following up to obtain proposals. * Negotiate with insurers to improve terms, coverage, sub-limits, and premiums where necessary. * Ensure market responses are received within agreed timelines and meet required technical quality standards. **3\. Renewals** * Manage the **renewal process**, from information gathering through to soliciting offers. * Monitor expiry dates, flag critical deadlines, and maintain an updated renewal pipeline. * Prepare final documents and internal/commercial proposals for the business development team. **4\. Operational Coordination with Insurers** * Request technical clarifications, certificates, endorsements, or additional information. * Manage policy issuance, special conditions, premium receipts, and certificates. * Verify that documentation issued by insurers matches the quoted terms and agreed conditions. **5\. Documentation Management and Reporting** * Maintain internal systems up to date with quotation statuses, renewals, received offers, and market activity. * Systematically archive all documentation issued and received throughout the placement process. **Qualifications** ------------------ **Requirements** * Prior experience in insurance brokerage, broking, and/or an insurer, focused on CORPORATE business. * Knowledge of corporate lines: General Liability, Environmental Liability, Property Damage, Transportation, Professional Liability, Cyber, D\&O, TRC, etc. * Ability to interpret policies, analyze coverage, and identify technical differences. * High level of organization and attention to detail. * Proficient use of Excel and management tools. * Languages: Spanish and English. **Key Competencies** * Technical and analytical orientation. * Ability to negotiate and manage multiple insurers simultaneously. * Capacity to work under tight deadlines. * Clear and effective communication with both insurers and internal teams. We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@willistowerswatson.com.