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WTW

We transform tomorrows

Carrier Relations Leader

Location

United States

Posted

37 days ago

Salary

0

Seniority

Mid Level

No structured requirement data.

Job Description

Carrier Relations Leader

WTW

Role Description As the Carrier Relations Leader for H&B, you will drive the overall broking and carrier management strategies. You will report to the Head of H&B, NA. You will be responsible for the following: - Serving as a H&B Leadership team member and contributing to strategic growth and operational improvement initiatives - Leading strategy for Broking teams across H&B including but not limited to the development of panels, facilities, and enhanced MDI arrangements - Develop vendor strategy inclusive of panels, COEs, and facilities with corresponding commercial strategies (like the traditional carrier relationships) - Managing and expanding Market Derived Income (MDI) including increasing this revenue year over year - Executing carrier management strategy across the business enhancing what is in region currently to leverage and create best practices - Establishing a commercial and operational framework for preferred vendor/panel partners - Identify, influence and lead co-development opportunities for new and unique solutions with carriers and vendors (potential for new revenue channels) - Working with Operations and Technology you or your delegate(s) will act to support advancement of H&B’s technology platforms and data strategy, as well as opportunities for automation and process improvement, to improve carrier reporting to inform strategic decisions - Working with the insurance carriers and local teams to deliver the value proposition for the carriers that will increase WTW’s MDI revenue, including carrier analytics - Building a community of expertise for Broking, supporting local needs while leveraging best practices - Partnering with Risk and Broking leaders to identify and lead cross-sell opportunities between H&B, Risk and Human Capital (if applicable) - Acting as key liaison with Market Security Group- manage and proactively flag risks for H&B related to carriers, vendors and broking activity - Representing H&B in IGS risk financing team (Pooling Network review meetings) and other LOBs where coordination enhances revenue generation - Manage the overall carrier relations and MDI strategy ensuring that WTW is performing according to our Excellence standards - Display strong leadership and influencing skills - Work in a collaborative manner demonstrating the Willis Towers Watson values - Manage the WTW H&B Carrier Management strategy in collaboration with H&B Region Leaders and H&B Regional Broking Leaders (inclusive of specialty leaders) Qualifications - Excellence: Manage the overall carrier relations and MDI strategy ensuring that WTW is performing according to our Excellence standards - People: Display strong leadership and influencing skills - Work in a collaborative manner demonstrating the Willis Towers Watson values - Clients: Manage the WTW H&B Carrier Management strategy in collaboration with H&B Region Leaders and H&B Regional Broking Leaders (inclusive of specialty leaders) - Directly manage the carrier relationship of top ten carriers - Identify ways to leverage effective carrier relationships by maximizing the potential of the WTW H&B portfolio of business. Develop opportunities to grow and increase pipelines for current and future business opportunities - Demonstrate a strong commercial ability to leverage from deep knowledge of the employee benefits market Requirements - Manage H&B Market Derived Income revenue with year over year growth expectations to be established annually - Analyze commission levels and provide strategic guidance - Work closely with the H&B leadership team to drive growth and profitability with actionable insights throughout the year

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United States