Account Executive - International Facultative Practice - Lockton Re

Working at Lockton

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here. Schedule Full Time Permanent Job type Experienced Professional Workplace Hybrid Your Responsibilities

Lockton Re helps businesses understand, mitigate, and capitalize on risk. We’re pushing the reinsurance industry forward with smarter solutions that leverage new technologies – delivered by people empowered to do what’s right for clients. Our success has seen the business grow to a headcount of more than 450 associates globally across 22 locations.

We’re the reinsurance business of Lockton Companies, the world's largest privately-held insurance broker. Fierce independence frees us to deliver an exceptional client service experience, unencumbered by pressure from financial markets, geographical divides or silos, or conflicts of interest between organisational goals and our clients’ needs.

We are now seeking individuals who will thrive in this type of atmosphere and, with the continued growth of our International Facultative practice, have created this new Account Executive role to support the existing team.

Role Responsibilities:

In this varied role, working with both internal and external stakeholders, you will be supporting the entire broking cycle. Below are some examples of the tasks the role will include:

Account Executive

• Slip & Endorsement Production using OpenTwins
• Handing over Processing via Salesforce
• Liaise internally with key departments:
• Aligned – for risks handed over to the team and checking processing is correct, helping with any claims correspondence
• Finance – stepping in to help chase Clients and/or extend payment terms if necessary
• Ops – attending monthly/quarterly meetings regarding any procedure changes and divisional updates, monitoring contract certainty reports, setting up new Insureds
• Invoicing & Evidence of Covers – sending to Clients
• E-Re platform – submitting firm order risks and monitoring monthly statements
• Monitoring Subjectivities and diary-ing accordingly
• Use of the team’s ‘Master Bible’ of data and keeping updated
Wordings/Clauses knowledge

Broker Support

• Participate in Client & Market meetings where required
• Using and accessing Ki Platform
• PPL for submitting Slips & Endorsements to Markets
• Involvement in the key, big accounts for the team
• Marketing of less complex individual risks as part of our portfolio
• Completing Marketing Sheets

Qualifications

Due to the nature and level of this position, we are open to the exact experience that we bring into the role however prior experience in a relevant insurance position will be advantageous. In addition, the following will help the successful candidate succeed in this position:

• Experience in a relevant (re)insurance position or other similar financial or professional services firms
• Ability to build and maintain good business relationships with clients, Insurers and Associates
• 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
• Proven problem-solving skills, including the ability to resolve unusual and complex issues and then devise actionable solutions
• Knowledge of Microsoft products (Word, Excel, Outlook, PowerPoint) or similar software applications
• High attention to detail

Equal Opportunity Statement

Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 12,500+ Associates doing business in over 140 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.

No Agencies Please

Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.