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Broker - Pv and Terrorism

3 months ago

London, Greater London, United Kingdom Lockton, Inc. Full time

General information:

Reference :001949

Vacancy location:

Location:

UK, South East, London

Vacancy details:

Job Profile:

Lockton - Experienced Professional

Title:

Broker - PV and Terrorism

Description:

Broker - Terrorism/Political Violence
Our highly successful and growing wholesale division is seeking an experienced Terrorism/Political Violence Placing Broker in the City.


Since its foundation in 1966 Lockton has grown to become the world's largest privately held independent by helping clients achieve their business objectives.

Today with more than 8000 Associates in over 100 offices worldwide, Lockton's dynamic and innovative organisation truly embraces its uncommonly independent status.

For nine consecutive years, Business Insurance magazine has recognised Lockton as a 'Best Place to Work in Insurance'

Role Responsibilities:

  • Provide programme design, placement, marketing and consultancy services for Lockton clients in line with agreed account strategies and in accordance with Lockton operating procedures
  • Manage market relationships at both an operational and strategic level
  • Understand clients risk profile, business needs and exposures to provide advice on coverage, programme pricing and retention strategy
  • Identify and manage the use of other Lockton resources/specialist teams
  • Assist with the resolution of service issues with insurers and other third party providers
  • Attend Client Strategy Meetings where required
  • Internal & external product presentations
  • Undertake technical reviews (where identified) of insurance programmes for clients, making recommendations for change, where deemed relevant
  • Undertake appropriate benchmarking for clients on their programme limits, coverage and deductibles as required
  • Maintain a current knowledge of cover written by the major insurers and communicate to appropriate Associates
  • Keep abreast of insurance market developments and communicate to those Associates as deemed appropriate
  • Constantly monitor the market in order to consider the most appropriate placement strategy for Lockton
  • Provide support in drafting reports/presentations/bulletins for use both internally and externally
  • Ability to identify opportunities for business development
  • Prepare a broking presentation that accurately reflects the cover required and meets the clients' demands and needs
  • Minimum 2 years' experience in a similar Broker or Underwriting position within the Terrorism market
  • Strong knowledge of Terrorism/Political Violence line of business
  • An understanding of the general, legal principles of insurance
  • Ability to broke and service the insurance needs of clients
  • Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other associates
  • Ability to manage time, prioritise and ensure that deadlines are met without compromising quality
  • Ability to build and maintain good business relationships with clients, insurers and associates
  • Strong presentation skills in both preparation and execution
  • Proven problem solving skills, including the ability to resolve unusual and complex issues and then devise actionable solutions
  • An understanding of regulatory controls and procedures
  • Ability to compile, analyse and interpret financial information and data to facilitate decision making


In return Lockton remain committed to recognising and sustainably rewarding Associates empowering you to put your clients and their business first.


We attract the best professionals to come and work with us who are excited by our unique culture that values respect, ethical, moral and caring approach, in fact our Associates are our greatest asset.