Placement Broker – Retail Property

Role Purpose

Provide programme design, placement, marketing, and consultancy services for Lockton clients in line with agreed account strategies and in accordance with Lockton operating procedures.

Responsibilities

• Responsible to Lockton Clients for the programme design, placement and delivery for Property Damage and Business Interruption policies.
• Manage market relationships at both an operational and strategic level.
• Market access across a broad range of geographies including London/UK, Central Europe.
• Understand clients risk profile, business needs and exposures to provide advice on coverage, programme pricing and retention strategy.
• Oversee the preparation and issuance of appropriate coverage documentation, including wordings and placement slips within agreed contract certainty deadlines.
• Assist with the resolution of service issues with insurers and other third-party providers.
• 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 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 clients.
• Support on new business opportunities driving organisational revenue growth.
• Provide support in drafting reports/presentations/bulletins for use both internally and externally.
• Drive team efficiencies through innovative input on new products and process.

Qualifications

• CII Qualification
• Proven track record of effective stakeholder management
• Ability to review and understand financial Management Information
• Previous experience in placing retail property business for UK & Global clients.
• Ability to develop innovative and practical solutions for clients.
• Maintains client and market relationships to enable resolution of issues and completion of client project.
• Demonstrates strong professional negotiation and persuasion skills to achieve objectives.
• Able to engage others to introduce approaches that transform the business.

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