Production Support - Delegated Underwriting Authorities
London, United Kingdom
003694
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
Remote
Your Responsibilities
Further your career with Lockton Re, joining our International Property & Casualty (IPC) placing team in a permanent role. You will be working on a range of areas focusing primarily on Binding Authorities, Consortia and Lineslips across various lines of business and territories, with comprehensive support and training provided.
About the role
An exciting opportunity as a Production Support Technician in our growing IPC team, in this role, you will be working closely with our broking and client service teams to identify and develop effective solutions, as well as collaborating and maintaining strong working relationships with our Coverholders, Managing General Agents (MGAs) and Clients.
This role requires adherence to delegated underwriting standards and efficient processing of policies, endorsements, and bordereaux reports. The ideal candidate will have a strong understanding of the Lloyd’s and company market procedures, will demonstrate attention to detail, and have experience working in a Binding Authority environment.
This opportunity will enable you to build relationships with brokers, clients and insurers whilst working in an expanding DUA team that offers long term career progression.
Key Tasks
- Accurate and timely production of insurance documents, in accordance with standard LMA/NMA templates or creation of bespoke documentation.
- Keep track of impending renewals and prepare renewal information in good time to enable terms to be obtained and firm orders placed.
- Liaise with Senior Brokers to ensure all relevant information is gathered in the preparation of market documentation and that it meets the client/market requirements
- To have a strong knowledge of Lloyd’s systems, such as DCOM, Atlas, Crystal+.
- Creating and updating Lockton Re’s internal platforms, including Open Twins, Salesforce and our Document Management System.
- Attend and take an active role in IPC’s regular DUA team meetings.
- Support Coverholders, MGAs and Clients in the production and the timely reporting of written and settlement bordereaux (plus claims bordereau if applicable) in line with the Binding Authority conditions.
Qualifications
Given the nature of this role, you will need to evidence relevant Binding Authority experience in a similar role. In addition to this, we will be seeking the following skills, experience and attributes from the successful candidate:
- Excellent attention to detail and an interest in the mechanics of Binding Authority policies and processes.
- Excellent verbal and written communication skills – able to impactfully communicate with stakeholders in both formal and informal situations.
- Drive to learn – with a work ethic of continual improvement and excellent service
- Personable – able to build effective and positive relationships, and communicate with a range of stakeholders
How we will develop you
You will be joining a dynamic, collaborative, and entrepreneurial environment. You will benefit from excellent professional development and support, with opportunities to work in a team of diverse skillsets and expertise.
You will benefit from:
- Structured technical training and professional skills workshops
- Support to complete professional qualifications (Charted Institute of Insurance)
- Regular feedback and reviews to help you identify areas you want to strengthen, and plan development objectives
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 13,100+ Associates doing business in over 155 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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