International Property Broker

3 weeks ago

London, United Kingdom Lockton, Inc. Full time

**General information**:
**Reference **:002631

**Vacancy location**:
**Location**:
United Kingdom, London, London

**Work Place**:
Hybrid

**Region**:
UK

**Vacancy details**:
**Job Profile**:
Lockton - Experienced Professional

**Title**:
International Property Broker

**Description**:
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’ and we now have a new opportunity for an Placing Broker in our highly successful International Property division.

Role’s Purpose: To provide programme design, placement, marketing and consultancy services for Lockton clients in line with agreed account strategies and in accordance with Lockton operating procedures.

**Role Responsibilities**:

- Manage client, market and underwriter relationships at an operational level.
- Understand clients risk profile, business needs and exposures to assist in providing advice on coverage, programme pricing and retention strategy.
- Assist in overseeing the preparation and issuance of appropriate coverage documentation, including wordings and placement slips within agreed contract certainty deadlines.
- 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.
- Provide, with oversight, technical reviews (where identified) of insurance programmes for clients, making recommendations for change, where deemed relevant.
- Maintain a current knowledge of cover written by the major insurers
- Keep abreast of insurance market developments
- 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 communicate effectively and professionally both verbally and in writing with clients, insurers and other associates.
- To have and maintain good business relationships with clients, insurers and associates
- Strong market relationships including key underwriters / insurers.
- Strong excel skills. Preferably minimum of intermediate level.
- Work as a role model in the team and support other team colleagues.
- Professional and tactful negotiation and persuasion skills to achieve objectives.
- Proven problem-solving skills, including the ability to resolve unusual and complex issues and then devise actionable solutions
- Ability to guide and oversee the preparation of a broking presentation that accurately reflects the cover required and meets the clients' demands and needs
- Ability to compile, analyse and interpret financial information and data to facilitate decision making.
- Willingness and ability to continue to develop knowledge through formal and informal learning, both internal and external to the company.
- Ability to identify opportunities for business development.
- An understanding of the general, legal principles of insurance.
- An Understanding of insurer rating methods for each class of insurance.
- An understanding of risk management concepts and when these are useful to clients.
- An understanding of insurer products and specialisms.
- Experience in marketing and servicing the insurance needs of clients.
- Fully understands the concept, issues and overall impact of market pricing.
- Understanding of a client’s business issues, insurance needs and expectations.
- An understanding of regulatory controls and procedures relating to commercial property business
- An understanding of and adherence to Lockton standards and procedures.
- Ability to manage time, prioritise and ensure that deadlines are met without compromising quality.
- Ability to interpret claims experiences, the impact of deductibles and cover variations and prepare broking documents to reflect this.

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.

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