• Head of Due Diligence

    WTW (New York, NY)


    Description

    The Role

    + Leading and managing the insurance due diligence process from initial engagement through the transaction close and the transition to the WTW service team

    + Developing project plans to ensure all deliverables are met within scope, time and budget.

    + Conducting comprehensive reviews and analyses of insurance policies, programs, and coverage to identify key risk exposures and provide recommendations to mitigate identified risks and optimize insurance coverage

    + Prepare detailed due diligence reports summarizing findings, assessments, and recommendations and presenting those findings to the deal team, highlighting key risks and suggested mitigation strategies.

    + Ensuring continuous communication and establishing clear expectations for both external and internal constituents

    + Serving as a strong role model and influence on others for best practices including a commitment to collaboration and team dynamics.

    + Staying updated on industry trends, regulatory changes, and best practices in insurance due diligence.

    + Ensuring that client engagement, contract formation, and service delivery processes fully comply with WTW policies across all territorial, legal, and regulatory domains.

    Qualifications

    Qualifications:

    + Minimum of 5+ years of experience in insurance due diligence, client management, insurance broking or related field

    + Self-motivated with the ability to work within a fast-paced, dynamic environment where superior time-management, organization, and prioritization skills are essential

    + Bachelor’s Degree

    + Valid insurance broker license required.

    + Strong communication skills (verbal and written), along with proficiency in numerical analysis, presentation, and organization.

    + Exceptional interpersonal skills, including the ability to build and maintain long-term relationships.

    + A broad understanding of property and casualty insurance policies, coverage types, and risk assessment methodologies.

    + Excellent organizational, analytical and problem-solving skills.

    + Professional designations such as CPCU, ARM, or equivalent is a plus.

    + Previous managerial or leadership experience in a client-facing role is highly advantageous.

    + Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

     

    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. _Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity._

     

    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 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 (Producer roles only).

     

    Compensation

     

    The base salary compensation range being offered for this role is $300,000 - $375,000 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 (https://cdn-static.findly.com/wp-content/uploads/sites/1862/2023/01/31091722/Washington-State-Time-Off.pdf) ( _Washington State only_ )

    + **Retirement Benefits:** Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

     

    EOE, including disability/vets