Early Careers: Corporate Risk and Broking (CRB) Graduate Development Program Analyst - Alternative Risk Transfer (ART)- NY - 2027
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Role details
Tech stack
Job description
The Alternative Risk Transfer practice creates one-of-a-kind risk transfer solutions that address the needs of our large and sophisticated clients. These tailor-made risk financing solutions are a key response to some of the limitations of traditional insurance markets, which include:
- Accessing additional or complimentary capacity
- Creating certainty of cost and coverage over a multiyear term
- Facilitating risk financing while protecting the P&L / Balance Sheet
- Creating solutions when the traditional market is unavailable or deemed inefficient
- Range of activity: parametric insurance, multi-year monoline or multiline structured programs, multiline captive stop loss programs, and loss portfolio transfers.
Our staff have deep Alternative Risk expertise and provide a range of services from product/market education, analytically driven program evaluation, through to cradle-to-grave program placement. While our placements may be thematically similar, no two placements are the same.
As a key member of the Alternative Risk Transfer Solutions team, you will contribute to all aspects of the alternative risk placement cycle., * Develop proficiency in insurance, brokerage, actuarial, analytics, and alternative risk concepts.
- Work with key account leaders to build awareness of the WTW ART strategy and capabilities
- Support the development, maintenance, and use of proprietary risk and program-design models.
- Analyze exposure, loss, statistical, market, and industry data to assess risk and financial impact.
- Prepare clear client deliverables, presentations, submissions, proposals, research, and sales collateral.
- Collaborate with consultants, actuaries, brokers, account leaders, clients, and insurance markets.
- Support placement and renewal activities, including program design, quotation review, comparisons, binders, and policy checks.
- Communicate complex concepts effectively to technical and non-technical stakeholders.
- Maintain accurate records and follow all quality, compliance, and operational procedures.
Requirements
- Bachelorβs degree with a minimum 3.0 GPA; graduation expected between May 2026 and May 2027.
- Quantitative, risk, science, or business-related study preferred, including mathematics, actuarial science, computer science, information systems, risk management, finance, economics, or earth sciences.
- Proficiency in Microsoft Office, with intermediate to advanced Excel skills; coding experience is a plus.
- Strong analytical, research, communication, collaboration, organization, and time-management skills.
- Ability to follow direction, incorporate feedback, manage competing tasks, and deliver accurate work.
- Team-oriented, self-motivated, and committed to integrity and client service.
Licensing
For Alternative Risk Transfer placement work, the successful candidate must obtain the required resident-state insurance license within 90 days of hire and an active surplus lines license within the applicable 120-day period.
Benefits & conditions
The hourly rate being offered for this role is $36.00hr - $39.00hr USD. This role is also eligible for overtime.
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)
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k)
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