K&r Broker - London, United Kingdom - Lockton, Inc.

Lockton, Inc.

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

General information:

Reference :002583

Vacancy location:

Location:

United Kingdom, London, London

Work Place:

Hybrid

Region:

UK

Vacancy details:

Job Profile:

Lockton - Experienced Professional

Title:

K&R Broker

Description:

Broker - Kidnap & Ransom

Our highly successful and growing wholesale division is seeking an experienced Kidnap & Ransom Broker to join our Crisis Management team in the City.

Since its foundation in 1966 Lockton has grown to become the world's largest privately held independent by helping clients achieve their business objectives.

Today with more than 11,500 Associates in over 125 offices worldwide, Lockton's dynamic and innovative organisation truly embraces its uncommonly independent status.

For nine consecutive years, Business Insurance magazine has recognised Lockton as a 'Best Place to Work in Insurance'

Role Responsibilities:

Provide programme design, placement, marketing and consultancy services for Lockton clients in line with agreed account strategies and in accordance with Lockton operating procedures
Manage an existing K&R book of business
Educate and support the wider Crisis Management team
Manage market relationships at both an operational and strategic level
Understand clients risk profile, business needs and exposures to provide advice on coverage, programme pricing and retention strategy
Identify and manage the use of other Lockton resources/specialist teams
Assist with the resolution of service issues with insurers and other third party providers
Attend Client Strategy Meetings where required
Internal & external product presentations
Undertake technical reviews (where identified) of insurance programmes for clients, making recommendations for change, where deemed relevant
Undertake appropriate benchmarking for clients on their programme limits, coverage and deductibles as required
Maintain a current knowledge of cover written by the major insurers and communicate to appropriate Associates
Keep abreast of insurance market developments and communicate to those Associates as deemed appropriate
Constantly monitor the market in order to consider the most appropriate placement strategy for Lockton
Provide support in drafting reports/presentations/bulletins for use both internally and externally
Ability to identify opportunities for business development
Prepare broking presentations that accurately reflect the cover required and meets the clients' demands and needs
Minimum 3 years' experience in a similar Broker or Underwriting position within the Kidnap & Ransom market
Strong knowledge of Kidnap & Ransom line of business
An understanding of the general, legal principles of insurance
Ability to broke and service the insurance needs of clients
Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other associates
Ability to manage time, prioritise and ensure that deadlines are met without compromising quality
Ability to build and maintain good business relationships with clients, insurers and associates
Strong presentation skills in both preparation and execution
Proven problem solving skills, including the ability to resolve unusual and complex issues and then devise actionable solutions
An understanding of regulatory controls and procedures

In return Lockton remain committed to recognising and sustainably rewarding Associates empowering you to put your clients and their business first.

We attract the best professionals to come and work with us who are excited by our unique culture that values respect, ethical, moral and caring approach, in fact our Associates are our greatest asset.