Energy Account Executive - Power

London, United Kingdom

003109

Apply now

London, United Kingdom

003109

Apply now

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.

About the Position

What can we offer you? The Global Energy practice are a team of Energy specialists who take a holistic approach to client work. Since our inception in 2014 we have grown from an Oil and Gas focused team to now including the full energy spectrum including Power, Renewables and Construction. Each Associate in the Global Energy practice will have a rounded exposure to all elements of the energy business, whilst developing a specialism in a chosen field. Cultural team fit is one of the most important elements for us. We have worked hard to build a harmonious team of talented individuals who have the skills and training to be able to operate in a collaborative, supported and inclusive environment across the whole of the Energy practice to allow you the opportunity to learn cross class business. About Lockton Lockton is the world’s largest independent insurance broker. What makes Lockton stand apart is also what makes us better; independence. Lockton’s private ownership empowers it’s 10,750+ Associates doing business in over 140 countries to focus solely on clients’ risk and insurance needs. With expertise that reaches around the globe. Lockton delivers the deep understanding needed to accomplish remarkable results. Our 97% client retention rate speaks for itself. For the last nine consecutive years, Business Insurance magazine has recognised Lockton as a ‘Best Place to Work in Insurance’ – an achievement we are immensely proud of!

Job type

Experienced Professional

Workplace

Hybrid

Your Responsibilities

Lockton Global Energy

Lockton Global Energy is a cohesive and collaborative global team of handpicked energy specialists. Harnessing deep expertise, we act as a trusted partner to our clients, securing cost effective, bespoke insurance and risk solutions. As an independent broker, we’re not led by profit margins and shareholder demands, allowing us to always put our client’s interests first.

Founded in 2014, Lockton Global Energy is a specialty business focused on the Oil, Gas, Power and Renewables businesses. It has grown significantly over the past 10 years to include over 300 energy specialists across 35 countries, with over USD1.1bn of premium placed across our Energy divisions.

Lockton Power

Lockton’s specialist power generation team provides insurance solutions for a range of operational risks that owners of power plants regularly face. This capital-intensive sector faces increasing pressure from evolving electricity market demand patterns and, as a result, firms require insurance solutions that can evolve alongside them.

The rise of renewables and the erosion of traditional base load markets have brought new participants into the power generation space. These require reliable insurance risk transfer solutions that respond to the needs of both equity investors and finance parties. With close market proximity and depth of experience, Lockton is uniquely placed to offer unparalleled risk advice and cost-effective, reliable cover that responds the moment clients’ need it.

Account Executive Role – What is involved?

As an Account Executive your primary role is to build and maintain excellent working relationships with our clients to ensure that we are providing the best service for all of their insurance needs. This will also include fostering close working relationships with our Brokers and wordings and claims experts.

You will be responsible for an allocated portfolio of existing clients to support their ongoing insurance needs and renewal process. This will include supporting strategy meetings with clients and our expert Brokers, preparing market submissions, analysing renewal information, looking for opportunities to provide enhance or additional services and tracking client policies through the renewal process.

Qualifications

As a Global company there will be plenty of opportunity for cross class exposure across all Energy specialisms and the wider business lines we operate in. What is most important to us is your ability to understand what our clients need and provide a bespoke service to ensure these are met in the best possible way.

What are the typical responsibilities as an Account Executive?

Building strong partnerships with your allocated portfolio of clients
Proactively track client renewal periods, premium payments and any losses
Analyse renewal information to prepare market submissions
Provide client feedback to contribute to client review meetings and renewal strategy
Prepare policy documentation including working with our Energy wordings expert for any bespoke clause wording
Support the claims team on any major losses

What skills and experience would we like you to have?

As an Account Executive in the Power team it would be desirable for you to have experience of working on Energy business from a Broking, Underwriting or wider Insurance background
Previous experience of working on or an interest in learning Renewable business is desirable
Experience of preparing market submissions and policy documentation will be beneficial
Due to the nature of the role you will need to be organized, proficient in using Microsoft office and be comfortable communicating with a wide range of clients and colleagues
Desire to join a dynamic, entrepreneurial team in a growing organisation

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.

Learn more about your Lockton experience

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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