The Insurance Due Diligence practice acts as a key transaction advisor to Private Equity firms, trade buyers, Lockton’s own corporate clients and lenders when they are looking to acquire, sell or deploy debt into a variety of businesses/sectors. The practice provides a detailed view of the risk & insurance implications that the buyer/investor should take into account in relation to the company they are looking to acquire/invest in.

This consists of producing Insurance Due Diligence Reports that evaluate the target companies existing and historical insurance programme to determine if the arrangements are appropriate or if additional coverages should be considered following the acquisition.

Along with identifying risk and insurance related-issues that may impact transaction.

You will operate in a diverse, client facing position where a mixture of technical insurance, excellent communication and organisation skills will be required.

More specifically, the role will include: 

o   Speaking with clients to understand deal-specific requirements and negotiate engagement terms.

o   Assessing the robustness of the target company insurance programme and associated costs.

o   Support the team in the production of reports.

o   Work with Lockton specialists and global network to support this assessment.

o   Present Lockton findings to clients. 

o   Developing a network of contacts in the Private Equity, Legal and Corporate Finance communities.

o   Identify opportunities to introduce other Lockton services post acquisition. 

The team works on M&A transactions across all industry types from sports to renewable energy to major consumer brands providing a high level of exposure to different types of insurance and transactions.

Ideally you should have solid experience in a broking, underwriting or claims role who seeks career growth and greater variety in their day to day work.

Competencies you will need to demonstrate include:

o   Excellent time management skills including the ability to work to short deadlines.

o   Professional insurance experience.

o   Proficient written and oral communication skills.

o   Strong work ethic and the ability to work flexibly. 

o   Ability to network with clients, colleagues and prospects. 

Full assistance, support and training will be provided to you by the wider team to transition into the role, with your previous insurance experience providing a solid foundation by which to grow. The role also provides the opportunity to build a strong internal profile within Lockton due to exposure to our internal specialist practices and senior individuals who assist us on projects.

Lockton is the world's largest privately held independent insurance brokerage. At Lockton, we are all about unlocking potential—your potential, our clients' potential, and ultimately our potential to deliver world-class service. If you're passionate about making a real impact and thriving in a culture where you truly belong, join us to make a difference.