Retail Property Broker

4 weeks ago

London, Greater London, United Kingdom Lockton Full time
Unlock Your Potential as a Retail Property Broker at Lockton

Join our dynamic team at Lockton, a world-leading independent insurance broker, and take on the exciting challenge of a Retail Property Broker role. With over 50 years of experience and a presence in over 100 offices worldwide, we offer a unique opportunity to grow your career and make a real impact on our clients' businesses.

Role Purpose

As a Retail Property Broker, you will be responsible for providing expert advice and guidance to our clients on their property damage and business interruption insurance programmes. You will work closely with our clients to understand their risk profiles, business needs, and exposures, and develop tailored solutions to meet their objectives.

Key Responsibilities
  • Design, place, and deliver property damage and business interruption insurance programmes for our clients
  • Manage market relationships at both operational and strategic levels
  • Access a broad range of geographies, including London/UK and Central Europe
  • Understand clients' risk profiles, business needs, and exposures to provide advice on coverage, programme pricing, and retention strategy
  • Oversee the preparation and issuance of appropriate coverage documentation, including wordings and placement slips
  • Assist with the resolution of service issues with insurers and other third-party providers
  • Undertake technical reviews of insurance programmes for clients, making recommendations for change where deemed relevant
  • Undertake benchmarking for clients on their programme limits, coverage, and deductibles as required
  • Maintain a current knowledge of cover written by 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 to consider the most appropriate placement strategy for our clients
  • Support on new business opportunities driving organisational revenue growth
  • Provide support in drafting reports/presentations/bulletins for use both internally and externally
  • Drive team efficiencies through innovative input on new products and processes
Candidate Profile

We are looking for a highly motivated and experienced individual with a strong track record of effective stakeholder management, ability to review and understand financial management information, and previous experience in placing retail property business for UK and global clients. The ideal candidate will be able to develop innovative and practical solutions for clients, maintain client and market relationships, and demonstrate strong professional negotiation and persuasion skills to achieve objectives.

We offer a competitive salary and benefits package, as well as opportunities for professional development and growth. If you are a motivated and experienced individual looking for a new challenge, please submit your application.

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