Contingency Broker
1 day ago
**Contingency Broker**
Lockton is a leading, global insurance broker with a focus on exceptional client service and expertise across insurance, employee benefits consulting and risk management. The entrepreneurial culture of the business is reflected in empowering associates toact quickly, learn fast and provide the right solutions for their clients.
There is currently an opportunity within Lockton for an individual to join the business in a Broker capacity within our Contingency team. This unit will have involvement in all areas of wholesale and retail insurance business.
The role will provide incremental development into a broking position and will entail a range of responsibilities including client servicing support, plus more technically focused elements, in order to fully understand the process of placing a risk.
**Responsibilities within the role will include the following areas**:
- You will be responsible for placing various contingency risks on both retail and international wholesale basis from our Lockton offices in US, UK, Europe, Canada etc.
- You will be placing the following lines of business: Event Cancelation, Prize Indemnity, Non-appearance and over-redemption insurance
- Understanding a client’s risk profile, business needs and exposures.
- Interaction with underwriters - broking the different aspects of each client’s insurance programme.
- Preparation and issuance of appropriate coverage documentation including slip preparation - working in conjunction with the technical team.
- Assisting with the resolution of service issues with insurers and other third party providers.
- Maintaining a current knowledge of cover written by the major insurers and communicate to appropriate Associates within the business.
- At least 1-2 years in a contingency role as either Broker, Broker-Support or even underwriting
- You will need competent IT literacy skills and will need to demonstrate the ability to manage your time and prioritise your workload effectively, coupled with excellent verbal and written communication skills.
- An excellent eye for detail is important in the role, in relation to document preparation.
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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