Property Placement Broker

At Lockton, we're passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We're active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

About the Position

In return, Lockton remains 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.

Job type

Experienced Professional

Workplace

In Office

Your Responsibilities

Since its foundation in 1966, Lockton has grown to become the world's largest privately held independent insurance brokerage by helping clients achieve their business objectives. Today, with more than 12,000 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 a Retail Property Broker in the city.

Role's Purpose

Provide programme design, placement, marketing, and consultancy services for Lockton clients in line with agreed account strategies and in accordance with Lockton operating procedures.

1. Responsible to Lockton Clients for the programme design, placement and delivery for Property Damage and Business Interruption policies.
2. Manage market relationships at both an operational and strategic level.
3. Market access across a broad range of geographies including London/UK, Central Europe.
4. Understand clients' risk profile, business needs and exposures to provide advice on coverage, programme pricing and retention strategy.
5. Oversee the preparation and issuance of appropriate coverage documentation, including wordings and placement slips within agreed contract certainty deadlines.
6. Assist with the resolution of service issues with insurers and other third-party providers.
7. Undertake technical reviews (where identified) of insurance programmes for clients, making recommendations for change, where deemed relevant.
8. Undertake appropriate benchmarking for clients on their programme limits, coverage and deductibles as required.
9. Maintain a current knowledge of cover written by the major insurers and communicate to appropriate Associates.
10. Keep abreast of insurance market developments and communicate to those Associates as deemed appropriate.
11. Constantly monitor the market in order to consider the most appropriate placement strategy for Lockton clients.
12. Support on New Business opportunities driving organisational revenue growth.
13. Provide support in drafting reports/presentations/bulletins for use both internally and externally.
14. Drive team efficiencies through innovative input on new products and processes.

Qualifications

Candidate Profile

1. Proven track record of effective stakeholder management.
2. Ability to review and understand financial Management Information.
3. Previous experience in placing retail property business for UK & Global clients.
4. Ability to develop innovative and practical solutions for clients.
5. Maintains client and market relationships to enable resolution of issues and completion of client projects.
6. Demonstrates strong professional negotiation and persuasion skills to achieve objectives.
7. Able to engage others to introduce approaches that transform the business.

Equal Opportunity Statement

Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

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.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.