Insurer Relationship Manager
London, United Kingdom
003167
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.
Schedule
Full Time Permanent
Job type
Experienced Professional
Workplace
Hybrid
Your Responsibilities
We are seeking a highly skilled and experienced Insurer Relationship Manager to join the Lockton Market Management Group, a high-profile team at our well-established insurance brokerage.
As an Insurer Relationship Manager, you will be responsible for maintaining and expanding relationships with insurer partners, ensuring effective carrier management, and delivering exceptional service to these clients. This role requires a proactive, organised, and strategic individual who possesses excellent communication and negotiation skills.
Responsibilities:
Account Management:
- Collaborate with insurer partners to build and maintain long-term relationships.
- Ensure high-quality service delivery to insurer partners within assigned accounts.
- Develop and implement strategic account plans by understanding insurer partner needs and goals.
- Participate in meetings and presentations to showcase carrier capabilities.
- Regularly review insurer performance and provide feedback to improve service levels.
- Assist in the negotiation of contractual terms and conditions with carriers to achieve mutually beneficial agreements.
- Resolve any carrier-related issues or disputes in a timely and professional manner
Industry Knowledge and Market Research:
- Stay updated on market trends, regulatory changes, and emerging insurance products/services.
- Conduct regular market research to identify potential carrier partners and remain competitive.
- Analyse industry reports and use data-driven insights to support carrier management strategies
Other
- Ad-hoc requests for assistance from around the business (note, unlike our competitors, Lockton have not split Insurer Relationship Management from Broking and the MMG team are seen as a one-stop-shop for all things market related)
- Specific project work around placement strategy for the Executive Committee
Qualifications
- Extensive experience working in the insurance industry
- Excellent negotiation, communication, and presentation skills.
- Ability to build and maintain strong relationships with insurer partners.
- Analytical mindset with the ability to analyse industry trends, market data, and risk assessments.
- Strong organisational skills, attention to detail, and ability to multitask effectively.
- Experience in project management and having had involvement in market surveys would be a bonus
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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