Account Manager - Property (Retail)
London, United Kingdom
002510
Working at Lockton
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.
Job type
Experienced Professional
Workplace
Hybrid
Your Responsibilities
Why Lockton
Since its foundation in 1966 Lockton has grown to become the world’s largest privately held independent by helping clients achieve their business objectives. Today with more than 11,500 Associates in over 125 offices worldwide, Lockton’s dynamic and innovative organisation truly embraces its uncommonly independent status.
For ten 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 Support/Account Handler in the city.
We are seeking individuals who will thrive in this type of atmosphere and are specifically looking to recruit Broker Support/ Account Manager to join our Retail Placement (Broking) Team.
The Placement Team forms part of the GB Retail Division of Lockton. Our Partners and Associates are experts in providing bespoke insurance services to some of the largest Multinational clients which reside in the UK and elsewhere in the world. We are a diverse and dynamic team looking to make a difference for our clients.
Role Responsibilities:
- Within the role the candidate will work alongside our Property brokers being responsible for the provision of account management services for an allocated portfolio of clients, providing technical support and aiding in the overall service to clients ensuring that the business is retained and developed.
- You will be responsible for supporting the Retail broking and placement team in preparing accurate Client and London market documentation. In addition, there will be contact with underwriters in order to agree this documentation. The role responsibilities are outlined below:
- Providing Technical support to the Placing Brokers, including creation of slips/MRCs, endorsements and other documentation.
- Negotiation and agreement of documentation with Underwriters via PPL NextGen (ePlacing Platform).
- Preparation of Final Terms/Binding documents for Clients.
- Reviewing market submissions for new and renewal business.
- Liaising with Client Service teams to request information.
- Working closely with Processing and Accounts teams in order to monitor premium payments and assist in chasing for outstanding funds where required.
Qualifications
Essential
- Experience using IT within the workplace.
- Proficient use of Microsoft Office (Outlook, Word, Excel).
- A strong work ethic and always prepared to go the extra mile.
- Good attention to detail.
- Ability to prepare adjustment and renewal documentation.
- Ability to work closely with other brokers within the placement team to prioritise workload and query any missing or incorrect content.
Desirable
- Experience of using Brokasure.
- Experience in creating MRC slips.
- Working knowledge of PPL.
- Experience in handling Direct Retail Property risks with an understanding of the Retail market and associated facultative reinsurance.
- Good understanding of Global Taxes.
- Knowledge of the requirements of the Financial Conduct Authority as relative to the tasks involved in this position.
In return Lockton remain committed to the development of our Associates. Full training will be provided and additional resources are available for the achievement of formal Insurance qualifications.
Our Associates are empowered to put our clients and our 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.
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.
No Agencies Please
Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.
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