Broker - Energy Liability

London, United Kingdom

003271

London, United Kingdom

003271

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

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 placing over $750m of Oil and Gas premium and $420m of Power and Renewable premium annually.

Lockton Energy Liability

Lockton’s Energy Liability team provides global brokerage services for third party liability cover (both construction and operational) to all the major classes of energy, power and renewables businesses. Based on our team’s income we are split roughly 75% US/ 25% International domiciled business and our bread and butter is contractor business. Nonetheless, all areas of our book continue to grow.

Broker Role – What is involved?

As a Broker in the Energy Liability team you will join our successful team of Brokers and Account Executives to provide innovative, detailed and best practice service for clients across a wide ranging portfolio of global Upstream, Midstream and Downstream Energy, conventional power and renewable energy business.

You will assist the team in generating new business opportunities with new and existing clients, building a detailed understanding of the needs and placing the required insurances in the London Lloyd’s and company markets.

Previous experience of Energy Liability business from a Broking or Underwriting perspective is preferable but what is most important to us is your ability to engage with our clients and prospects, understand their needs and ensure they are met.

There will be plenty of opportunity for cross selling with other Lockton Global Energy teams and the wider business lines Lockton operates in. There will also be opportunity to travel to meet clients and colleagues across the Global team.

Qualifications

What are the typical responsibilities as a Broker?

Building strong partnerships with new and existing clients
Gathering detailed information from clients to understand their needs
Analyse underwriting information in order to prepare market submissions
Prepare slips and marketing information to take to the market
Working with our dedicated Energy Wordings Specialist to provide bespoke wordings
Lead Broker revenue negotiations
Work with the Account Executive team to ensure all required information is documented
Coordinating with the dedicated Energy Claims team in the event of a loss
Building a strong working network of our global colleagues and partners

What skills and experience would we like you to have?

Demonstrable experience of either Energy Liability and/or Marine Liability experience from either a broking or underwriting perspective is highly beneficial
Experience of working on US or International business will be helpful
Previous experience of Joint Liability business or an interest in learning this area will be helpful
Be able to run and manage client meetings and tenders
Desire to join a dynamic, entrepreneurial team in a growing organisation

What can we offer you?

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.

The Energy team are one team who each have specialist experience to provide a holistic approach to client work. We are growing in all directions so there are opportunities at all levels and specialisms within Energy. Our vision is to be the best specialist Energy Broking house in the Global market.

As a Broker there can be the opportunity to travel to visit clients and colleagues outside of the UK. We are happy to consider this opportunity with or without travel opportunities as appropriate.

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!

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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