Vice President - UK Construction
London, United Kingdom
003795
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 Construction
Lockton’s foundation was built upon the construction and design industries. Our first 15 years were dedicated to this sector and that dedication remains today, with construction still comprising a sizable share of Lockton revenue and the UK team enjoying success and continuing to grow. We deliver risk management systems that are truly customized not only to the industry, but to each of our unique clients. Our process is customized to the specific exposures, risk tolerance and personal preferences of each client. We don’t force cookie cutter solutions on client organisations. Instead we employ a fluid approach tailored to each client’s needs.
Our dedicated Global Construction Practice offers bespoke, targeted insurance solutions across all sectors of the construction industry. With in-depth knowledge of the global construction sector, we understand the full spectrum of construction projects that businesses invest in and manage. Our team works collaboratively to build the solutions each client needs. With global market expertise, unparalleled service and the right insurance cover, we provide the protection every construction client needs.
The Construction practice are an experienced group of individuals who have a wealth of experience across a broad range of construction risks. Cultural fit is of utmost importance to our business and we are happy to support the learning curve of growing into a new role and building a successful career with Lockton.
Vice President Role – What is involved?
As an Account Executive your primary role will be 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, including supporting them in the market where necessary as well as claims and other experts within the business.
You will be responsible for an allocated portfolio of new and existing clients to support their ongoing insurance needs and the renewal process where applicable. This will include supporting strategy meetings with clients, preparing market submissions, analysing information and looking for opportunities to either enhance existing or provide additional services.
You will need to be capable of managing a team of associates allocated to your clients and ensure timely delivery of both placements and services to your client portfolio. You will need to have the technical capability required to act as a referral point within the team and to be able to review and sign off submissions and client documentation.
Qualifications
What are the typical responsibilities as a Vice President?
- Build and grow strong partnerships with clients and market contacts
- Act as a point of referral and maintain responsibility for strong placement and servicing standards within the client service team
- Analysis of renewal information and driving of placement strategy
- Develop strategic connections within Lockton, expand awareness and breadth of knowledge of non-Construction covers and identify cross-division opportunities
- Actively seek out and generate new revenue opportunities through regular new business activity and by attending networking events
- Prepare policy documentation including working with in-house wordings experts for any bespoke clause wordings
- Support the claims team on major losses
What skills and experience would we like you to have?
- As an Account Executive in the UK Construction team it would be desirable for you to:
- have experience of leading placement and servicing of Construction business from a Broking, Underwriting or wider Insurance background and have a sound technical base knowledge
- be confident in reviewing and signing off market submissions and policy documentation
- be able to manage and support through mentoring/coaching a team of account executives and handlers across the range of placement and servicing needs of your clients
- provide critical thinking and ideas to help develop and drive the business forward
- have a desire to join a dynamic, entrepreneurial team in a growing organisation
- Due to the nature of the role you will need to be organized and be comfortable communicating with a wide range of clients and colleagues
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 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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