SML Broker
London, United Kingdom
004016
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
An opportunity has arisen in Lockton's US Casualty team for a London market broker to join us, focussing on broking for sexual misconduct and molestation liability risks.
This role will provide account management and placing services for clients with SML exposures, in line with agreed account strategies and in accordance with Lockton operating procedures. The role will support the delivery of tailored solutions for complex and sensitive liability risks across a range of US-domiciled clients.
Role Responsibilities
- Manage client, market and underwriter relationships at an operational level, with a focus on SML placements.
- Broke and place SML risks into the US market, engaging with underwriters on coverage terms, conditions and pricing.
- Develop an understanding of clients’ risk profiles, business operations and exposure to SML risks to provide informed advice on coverage, programme structure and retention strategies.
- Assist in preparing and issuing accurate coverage documentation within contract certainty deadlines.
- Support the delivery of comprehensive marketing submissions that clearly articulate sensitive and complex exposures to insurers.
- Identify and coordinate the use of internal specialist teams, including claims, risk management and wording experts where appropriate.
- Assist with the resolution of service issues with insurers and third-party providers, particularly in relation to complex or sensitive claims scenarios.
- Attend client strategy meetings and contribute to the development of placement strategies for SML and broader casualty programmes.
- Provide technical input and reviews of insurance programmes (with oversight), making recommendations where relevant.
- Maintain up-to-date knowledge of SML, coverage developments and underwriting appetite across the US market.
- Keep abreast of legal, regulatory and market developments impacting SML exposures.
- Monitor market conditions to determine optimal placement strategies for clients.
Qualifications
- Experience within the London insurance market, broking or underwriting risks ideally with exposure to SML, abuse liability or other casualty lines.
- Strong communication skills, with the ability to handle sensitive subject matter professionally and appropriately with clients and insurers.
- Proven ability to build and maintain strong relationships with clients, insurers and internal stakeholders.
- Ability to contribute to and support the preparation of high-quality broking submissions and presentations.
- Awareness of risk management approaches relevant to organisations exposed to SML risks.
- Strong organisational skills with the ability to manage competing priorities and meet deadlines without compromising quality.
- A collaborative mindset, with a willingness to support colleagues and contribute positively to the team.
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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