VP, Alternative Risk
New York City, New York, United States of America
Loss Control
2600YK
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.
Miami, Dallas, Chicago, Boston, Kansas City, Denver, Charlotte
Business unit
Lockton Management, LLC
Salary
$200,000-$300,000
Schedule
Full-time
Lockton Benefits Offerings
Click Here
Workplace
Hybrid
Your Responsibilities
Lockton is the world’s largest privately held insurance brokerage, committed to delivering client-focused, innovative solutions. Our Alternative Risk Solutions Practice is a market-leading platform that provides clients with access to captive strategies, structured risk, parametric solutions, collateral facilities, and other innovative risk financing mechanisms.
We are seeking an experienced and entrepreneurial Vice President to help drive growth across the Alternative Risk Solutions Practice. This role will serve as a senior advisor, solution developer, and relationship builder across Lockton, carrier, and client stakeholders.
The Vice President will play a key role in designing, structuring, and advancing alternative risk solutions for complex clients across industries, while contributing to the continued scale, innovation, and market presence of the practice. The ideal candidate will bring broad alternative risk experience, with parametric or captive consulting expertise viewed as a strong advantage.
Key Responsibilities
Client Engagement & Solutions
• Design, structure, and support delivery of innovative risk financing solutions, including captive programs, structured risk arrangements, parametric products, collateral optimization facilities, and other alternative risk mechanisms.
• Act as a senior advisor to clients and Lockton producers, providing strategic guidance on alternative risk structures and their integration with traditional programs.
• Translate complex technical concepts, analytics, and market dynamics into clear, commercially compelling client solutions.
• Support end-to-end execution, including program structuring, market engagement, placement strategy, and implementation.
Market & Product Development
• Build and maintain strong relationships with carriers, reinsurers, MGAs, parametric providers, and capital partners to expand innovation and market access.
• Partner across Lockton business units to help design integrated alternative risk solutions for clients.
• Identify emerging risk financing trends and help translate them into relevant, scalable client offerings.
• Support thought leadership, internal education, and go-to-market initiatives that strengthen Lockton’s position in alternative risk solutions.
Collaboration & Practice Contribution
• Collaborate across Lockton broking teams, industry verticals, analytics functions, and Alternative Risk Solutions colleagues to deliver integrated client outcomes.
• Contribute to best practices in deal structuring, execution discipline, analytics, and knowledge sharing across the practice.
• Mentor and support junior team members while helping strengthen technical capability and team development.
• Represent the practice internally and externally with strong technical credibility, collaboration, and commercial orientation.
Qualifications
The ideal candidate will bring 10+ years of experience in insurance, reinsurance, or alternative risk financing, with meaningful exposure to one or more of the following areas:
• Alternative risk transfer
• Structured risk or risk financing advisory
• Captive or reinsurance solutions
• Parametric insurance or related products
• Capital markets or adjacent specialty risk disciplines
Additional qualifications and strengths may include:
• Experience designing and supporting complex risk financing structures for sophisticated clients
• Strong executive presence and the ability to engage senior client stakeholders, carriers, and market partners
• Analytical and financial acumen, with comfort interpreting models and translating them into client solutions
• Entrepreneurial mindset and the ability to contribute to growth, innovation, and scalable offerings
• Parametric expertise, market relationships, or modeling familiarity viewed as a strong advantage
Why Join Lockton?
• Entrepreneurial, privately held culture with no public shareholder pressures
• Opportunity to help shape and grow a market-leading Alternative Risk Solutions platform
• Access to a global platform with deep expertise across risk, insurance, and specialty capabilities
• Collaborative culture focused on clients first, with strong investment in innovation and talent
#LI-RS
This posting has been anticipated to close on 09-01-2026. Submit your application by clicking on the Apply Now button.
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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