Casualty Broker

4 weeks ago

London, United Kingdom Lockton Companies Full time

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

Schedule

Full Time Permanent

Job type

Experienced Professional

Workplace

Hybrid

Your Responsibilities

Lockton is actively seeking a Junior Casualty Broker to join the Retail team in London. We are looking for someone with a minimum of 2 years experience in a similar role who is keen to get involved in Multinational accounts.

The purpose of this role is to perform an integral role within the team, managing global casualty placements within Retail P&C, negotiating with insurers and providing excellence in service to our clients, markets and wider team.

Key Responsibilities:

  • Lead Casualty Broker for Major & Mid-market General Liability Risks managing the strategy & placement, working closely with Insurers to negotiate optimum terms for our clients.
  • Support Casualty Broker for Complex Major risks developing Casualty expertise on Lockton’s key clients.
  • Day-to-day Casualty Expert providing expert technical advice to our major clients.
  • Responsible for supporting on the strategy of Lockton’s new Home Foreign Product liaising closely with Lockton US and the UK Casualty Market including initial roll out and creation of new product vertical within the team.
  • Support New Business growth leading responses to tenders as Casualty Broker, pitching to new clients where opportunities allow.
  • Drive Industry Vertical strategy chosen vertical leading this from the Casualty team.
  • Provide strategy and manage placement for some non-UK domiciled major working with client locally, and the Global Casualty Market.
  • Manage market relationships at both an operational and strategic level. Lead key insurer engagement sessions for Casualty quarterly with selection of major Lockton partners.
  • Further formal learning through professional qualifications, structured learning courses, attending seminars, team events, writing white-papers etc.
  • Market access across a broad range of geographies including London/UK, Central Europe, Bermuda and USA.
  • Overseeing the preparation and issuance of appropriate coverage documentation, including wordings and placement slips.
  • Drive team efficiencies through innovative input on new products and process.
Qualifications
  • 2+ Years Casualty Broking Experience.
  • Working towards ACII Qualification.
  • Good insurer relationships with key insurers.
  • Expertise in handling and managing global liability placements.
  • Confident in handling multi-national placement arrangements.
  • Confident in presenting to clients, insurers and wider Lockton.
  • Experience in producing MRCs & Endorsements to provide expert guidance to casualty team.
  • Proficient in negotiation & having difficult conversations.
Equal Opportunity Statement

Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000+ Associates doing business in over 100 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.

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