Casualty Broker
4 weeks ago
Lockton Companies is seeking a highly skilled Casualty Broker to join our Retail team in London. As a key member of our team, you will be responsible for managing global casualty placements, negotiating with insurers, and providing exceptional service to our clients, markets, and wider team.
Key Responsibilities- Lead Casualty Broker for Major & Mid-market General Liability Risks, managing the strategy and 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.
- 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.
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.
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