Transactional Risks - London, United Kingdom - Lockton, Inc.

Lockton, Inc.

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

General information:

Reference :002797

Vacancy location:

Location:

United Kingdom, London, London

Work Place:

Hybrid

Region:

UK

Vacancy details:

Job Profile:

Lockton - Experienced Professional

Title:

Transactional Risks - Junior Associate

Description:

Lockton is the world's largest privately held independent insurance broker. Their focus is to provide their clients with the best in risk management, insurance and employee benefits consulting.

The entrepreneurial culture of the Lockton business is reflected in empowering their associates to act quickly, learn fast and provide the right solutions for their clients.

We have a new opportunity to join the Transactional Risks division of Lockton, as a Graduate Associate.

What is Transactional Risk?
In a nutshell the team sell insurance relating to M&A, (mergers and acquisitions). The main product sold, is called warranty and indemnity insurance, (commonly referred to as W&I).

W&I is an insurance product used by buyers and sellers in connection with M&A transactions to cover liabilities under the warranties and tax indemnity.

The team works with a large number of law firms of all sizes nationally and internationally. W&I differs to other types of insurance as it is one-off, deal-based policies i.e. non-renewable.

Role Responsibilities:

Producing reports on insurance terms to a high standard in line with guidance. You will need aptitude to be able to review insurance terms from different formats. We will teach you everything you need to know about insurance and the terms that you are reviewing.
Agreeing nondisclosure agreements and hold harmless letters, according to template guidance. Again, we will train you up on this.
Assisting with project management and running transactions.
Developing a network of contacts in the Corporate Finance community.
Assisting the team organise business development and deal followups.
Managing, reporting and analysing data from our Customer Relationship Management system (Salesforce)
Study of the Charted Institute of Insurance professional qualifications will be fully encouraged and supported.

We would like someone who is bright, enthusiastic, keen to learn and adaptable. The rest follows.

The team are constantly busy, working at pace, balancing multiple priorities at one, so it's important that you enjoy and flourish in this type of working environment.

There is a preference for individuals having studied law, although this is not a requirement.

Custom section 3:

Scheduled:

Full Time Permanent