Lockton - Property & Casualty Specialties

Lockton Specialties is a globally connected team of insurance experts extensively covering a diverse range of product lines and industry sectors. By embracing client challenges as our own, we equip clients with an extensive range of bespoke risk solutions to help drive their business to be safer, smarter and more successful.

The P&C Specialties division spans across US and International Property; US and International Casualty; Accident & Health; and Crisis Management, including Product Recall, Kidnap & Ransom and Terrorism, for clients across all industry sectors.

Lockton - International Casualty

Our dedicated Casualty practice is made up of highly experienced Brokers with broad technical knowledge and detailed market insight. Offering full and unparalleled access to the London, European, US and Bermudan insurance markets, we are uniquely placed to secure the best possible solutions for clients.

We have strong experience placing business across North America, Australia, Latin America, Africa and Continental Europe and use our global knowledge to access the market in the best location to meet our clients’ requirements.  

Our Casualty team combine a diverse range of industry vertical experts, technical wording specialists, risk engineering advice and integrated claims support, so we can offer the most compelling casualty insurance solutions, regardless of the industry, product line or territory.

Our Casualty team leverage long-standing insurer relationships and unprecedented market access so we can build the most extraordinary client risk management experience.

Broker Role – What is involved?

As a Broker in the International Casualty team you will join our successful team of Brokers and Account Executives to provide innovative, detailed and best practice service for clients across a wide ranging portfolio.  

Alongside core broking activities you will be exposed to new business generation, tender presentations and working with our existing client base to identify business development opportunities. Throughout this you'll build a detailed understanding of our clients needs, applying this knowledge to seek innovative ways to create added value and differentiators during the placement process.

As a Global company there will be plenty of opportunity for cross selling across all Property & Casualty specialisms and the wider business lines we operate in. There will also be opportunity to travel to meet clients and colleagues across the global team.  What is most important to us is your ability to understand what our clients need and provide a bespoke service to ensure these are met in the best possible way.

What are the typical responsibilities as a Broker?

• Building strong partnerships with new and existing clients, Underwriters and market contacts
• Gathering detailed understanding of the client’s risk profile, business needs and exposures to assist in providing advice on coverage, programme pricing and retention strategy
• Analysing underwriting information in order to prepare market submissions
• Assist in preparing and issuing coverage documentation including wording negotiation
• Lead Broker revenue negotiations
• Work with the Account Executive team to ensure all required information is documented
• Coordinating with the dedicated Claims team in the event of a loss
• Building a strong working network of our global colleagues and partners

What skills and experience would we like you to have?

• As a Broker in the International Casualty team it would be desirable for you to have experience of working on Casualty business from a Broking, Underwriting or wider Insurance background
• Experience of working on business emanating from Canada and Australia will be beneficial
• Previous involvement with running or managing tenders will be helpful
• Desire to join a dynamic, entrepreneurial team in a growing organisation

What can we offer you?

Since its foundation in 1966 Lockton has grown to become one of the world’s largest privately held independent Insurance companies by helping clients achieve their business objectives. Today with more than 10,750 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’ and we now have a new opportunity for to join our growing P&C Specialties division in the city.

Cultural team fit is one of the most important elements for us. We have worked hard to build a harmonious team of talented individuals who have the skills and training to be able to operate in a collaborative, supported and inclusive environment across the whole of the P&C Specialties practice to allow you the opportunity to learn and grow your career with Lockton.

About Lockton

Lockton is the world’s largest independent insurance broker.

What makes Lockton stand apart is also what makes us better; independence.

Lockton’s private ownership empowers our 10,750+ Associates doing business in over 140 countries to focus solely on client risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results.

Our 97% client retention rate speaks for itself.

For the last nine consecutive years, Business Insurance magazine has recognised Lockton as a ‘Best Place to Work in Insurance’ – an achievement we are immensely proud of!