Early Careers: Corporate Risk and Broking (CRB) Graduate Development Program Analyst - Alternative Risk Transfer (ART)- NY - 2027

WTW inc.
New York, NY, United States
26 days ago
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Role details

Contract type
Temporary contract
Employment type
Full-time (> 32 hours)
Experience level
Starter
Compensation
$74,880
Working hours
Regular working hours
Job source

Tech stack

Microsoft Excel 3d Models Data Analysis Information Systems Computer Programming Microsoft Office Program Design Languages Information Technology

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

  • Bachelor’s 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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