Account Executive - Marine Liabilities

London, United Kingdom

003166

Apply now

London, United Kingdom

003166

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

About Lockton’s Marine Practice Lockton’s Marine & Cargo specialists are connected around the globe, providing risk advisory and transfer solutions across all segments of the maritime and transportation logistics industries. The growth in our client portfolio globally, in clients joining us year after year, is market leading: Lockton delivers the local team and the global partnership needed to accomplish remarkable results.

Schedule

Full Time Permanent

Job type

Experienced Professional

Workplace

Hybrid

Your Responsibilities

Marine Liability - London
Lockton are currently looking to recruit a senior account executive / technical broker to join their Marine Liability Practice. The team design, market and place coverage for a broad range of clients within the shipping and energy industries. Their clients include: shipowners, charterers, shipyards, port and terminal operators, marine and oilfield service contractors, transport and logistics operators, energy traders and marine insurers (reinsurance).

The team deal with both retail and wholesale clients and operate a culture that is unique, emanating from the entrepreneurial spirit of its senior management and the flat structure in which the organisation operates. The practice area has achieved significant success in recent years with strong organic growth and positive client and employee feedback. The internal culture of the organisation is recognised as a key differentiator and the quality of service delivery is highly rated by clients. To maintain these high standards the team has identified a need to bring in a senior account executive/ technical broker.

About The Role

The team are seeking an individual to act as a client advocate serving as a central point of contact within the team for day to day service delivery, which will include:

· Serving the teams clients as an advocate for their needs, ensuring delivery of exceptional service through close and regular interaction

· The preparation of client and underwriting presentations

· The preparation of slips

· Contract reviews

· The preparation and accurate production of documentation

· Account onboarding, including sanctions checks

· Tracking premium payments to ensure a good credit control profile exists, in conjunction with the wider team

· Assistance with the management and organisation of the team’s renewal book

· Delegating work where appropriate to other team members and escalating certain elements when required to the more senior members of the team

The role will be predominantly internal facing, but there will be direct client and underwriter contact both over the phone and in person where required.

Qualifications

About You

Your knowledge and expertise:

· A minimum of 7.5 + years of experience in marine insurance or another line of specialty commercial insurance that is transferable

· Proficiency in London market wordings and documentation, slip creation and trading tools (PPL etc) and Microsoft Office

· Attention to detail orientated and technically proficient

· Organised

· Ability to prepare a broking presentation that accurately reflects the cover required and meets the clients' demands and needs.

· Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other associates.

· Ability to manage time, prioritise and ensure that deadlines are met without compromising quality.

· Ability build and maintain good business relationships with clients, insurers and associates.

· An understanding of regulatory controls and procedures relating to both commercial and retail customers.

· An understanding of the general, legal principles of insurance, particularly liability insurance, and of insurer rating methods for each class of insurance.

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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