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Broker - facilities & binders

London
Lockton
Broker
Posted: 2 March
Offer description

Job Description

Lockton is recruiting for a placing broker to join our team in a role providing programme design, placement, marketing and consultancy services to our clients.

This is an excellent opportunity to accelerate your career in a collaborative, successful and growing team – and to be benefit from a breadth of involvement in many different classes of business across many territories.

Key Responsibilities:

* Manage client, market, and underwriter relationships at an operational level.
* Understand clients risk profile, business needs and exposures to assist in providing advice on coverage, programme pricing and retention strategy.
* Assist in overseeing the preparation and issuance of appropriate coverage documentation, including wordings and placement slips within agreed contract certainty deadlines.
* Preparing market submissions for new and renewal business.
* Identify and manage the use of other Lockton resources/specialist teams.
* Assist with the resolution of service issues with insurers and other third-party providers.
* Attend Client Strategy Meetings where required.
* Provide, with oversight, technical reviews (where identified) of insurance programmes for clients, making recommendations for change, where deemed relevant.
* Maintain a current knowledge of cover written by the major insurers.
* Keep abreast of insurance market developments.
* Constantly monitor the market in order to consider the most appropriate placement strategy for Lockton.
* Provide support in drafting reports/presentations/bulletins for use both internally and externally.

About You:

* Previous experience in placing binders business, ideally with experience in North American business
* Growth mindset, and the drive to play an important role alongside the team in running and growing the book
* Excellent communication skills, and strong market relationships
* Analytical skills to interpret data and analyses to enable effective broking

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