Facilities & Binders Senior Account Manager

1 week ago

London, Greater London, United Kingdom Lockton Full time £60,000 - £100,000 per year


General information

Reference

Location

United Kingdom, London, London


Work Place

Hybrid


Region

UK


Job Profile

Lockton - Experienced Professional


Title

Facilities & Binders Senior Account Manager


Description

Lockton Specialty

Lockton Specialty is a globally connected team of insurance experts extensively covering a diverse range of product lines and industry sectors, spanning across Crisis Management, Cyber, Entertainment, Management Liabilities and Wholesale Property & Casualty. By embracing client challenges as our own, we equip clients with an extensive range of bespoke risk solutions to help drive their business to be safer, smarter and more successful.

Facilities & Binders Account Manager – What is involved?

As a Senior Account Manager, you will collaborate with the Broking and Account Management teams within the Specialty business to service and support binder and facility operations across diverse business lines and geographic regions.

Your responsibilities will include independently drafting facility contracts and endorsements that align with stakeholder specifications. You will oversee the seamless operation of all aspects throughout the facility lifecycle, including monitoring settlements to markets, provision of earned to incurred and profit commission calculations.  Additionally, you will coordinate with stakeholders to arrange market audits and assist with the prompt resolution of any resulting recommendations.


Candidate Profile

What Experience Should You Have?

  • Prior experience of drafting facility contracts, slips and endorsements is essential
  • Prior experience of managing Lloyd's coverholder audits
  • Understanding of the Coverholder annual compliance process
  • Knowledge of Lloyd's market systems, Atlas and DCOM is essential
  • Previous experience of working in a bordereaux processing role would be beneficial
  • Strong written and verbal communication skills are required

What can we offer you?

Since its foundation in 1966 Lockton has grown to become one of the world's largest privately held independent Insurance companies by helping clients achieve their business objectives. Today with more than 13,000 Associates in over 125 offices worldwide, Lockton's dynamic and innovative organisation truly embraces its uncommonly independent status.

With over $4bn in Global revenue, our 94% client retention rate and 13% organic growth speak for themselves.

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