Account Executive - National Professions Practice

United Kingdom

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Apply now

United Kingdom

003989

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.

Job type

Experienced Professional

Workplace

Hybrid

Your Responsibilities

*This role can be based from London, Bristol, Birmingham, Manchester, Glasgow or Edinburgh*

Professional services firms operate in an arena fraught with danger emanating from the risk of professional negligence. In an increasingly litigious environment errors or omissions or allegations of breach of professional duty can result in financial loss, reputational damage or legal claims for professional services organisations.

Our team of Professional Indemnity Insurance (PII) experts recognise and address the challenges emerging and already facing the professional services industry. Lockton’s expert National Professions Practice provides specialist advisory and placement services through innovative risk solutions and exclusive access to capacity.

At Lockton we value our independence and free from the demands of stakeholders, our team are focused solely on our clients, offering industry-leading service that sets us apart from the competition.

We always endeavour to fully understand our clients’ individual risk exposures and tailor each Professional Indemnity insurance programme to meet their specific needs.

Account Executive Role – What is involved?

We have an exciting opportunity for an experienced and expert Account Executive to join our successful National Professions team

As an Account Executive your primary role is to build and maintain excellent working relationships with our clients to ensure that we are providing the best service for all of their insurance broking and risk management needs.

You will be responsible and accountable for a portfolio of existing clients, managing their evolving insurance needs over the renewal process and throughout the policy year. This will include supporting strategy meetings with clients and partnering when necessary with our expert brokers, preparing market submissions, analysing renewal terms, looking for opportunities to provide enhanced or additional services and ensuring that the client’s insurance programme remains fit for purpose.

As a Global company there will be plenty of opportunity for cross class exposure across all business lines we operate in. What is most important to us is your ability to understand what our clients need and provide a bespoke service to ensure these are met in the best possible way.

Qualifications

What are the typical responsibilities as an Account Executive?

Building and maintaining strong partnerships with your allocated portfolio of clients
Agree renewal strategy, collate and analyse renewal information to prepare market submissions
Proactively supporting clients during renewal periods including reporting any losses and monitoring any premium payment requirements
Prepare policy documentation including working with our wordings expert for any bespoke clauses/ wording
Review contractual obligations including appointment documents and collateral warranties
Support the claims team on any major losses and/or coverage issues

What specific skills and experience would we like you to have?

As an expert Account Executive, you will be required to have experience of working on appointment documents and contracts -PII, legal or construction industry background preferred.
Technical knowledge of PI insurance products and standard contractual requirements imposed on Construction sector clients
Proven experience reviewing contractual documentation to ascertain client coverage requirements would be highly beneficial
Experience of preparing market submissions and policy documentation will be beneficial
Due to the nature of the role, you will need to be organized, proficient in using Microsoft office and be comfortable communicating with a wide range of clients, professional advisers and colleagues
Desire to join a dynamic, entrepreneurial team in a growing organisation

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.

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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