Broker Support / Junior Broker – Terrorism

at  Lockton Inc

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.
About the Position
What can we offer you? 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. 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 it’s 10,750+ Associates doing business in over 140 countries to focus solely on clients’ 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!
Job type
Experienced Professional
Workplace
Hybrid
Your Responsibilities
Lockton - Crisis Management
A crisis event has always carried a high level of severity, whether that be financial, mortal, operational or reputational. Recent global dynamics have seen a significant uptick in frequency of crisis events which has made organisations around the world take not of their own crisis management plans.
In light of all these factors, it’s clear that traditional insurance solutions do not provide the broad and responsive cover that businesses require.
The Lockton Crisis Management function comprises a team of market-leading insurance experts across Terrorism/Political Violence, Active Assailant, Product Recall, Reputational Risk and Special Crime (Kidnap and Ransom).
Lockton – Terrorism and Political Violence
The threat of political instability, terrorism and civil unrest are often unforeseen, unpredictable and can materialize in an instant. This presents challenges as political violence and terrorism risks are often excluded from many insurance policies.
The Lockton Terrorism team work closely with clients and network partners, in the design, placement and servicing of Terrorism and Political Violence programs globally. These programs are frequently tailored to included innovative coverages which include Active Assailant, Threat, Liability and Impairment of Access.
Broker Support / Junior Broker Role – What is involved?
As a Broker Support / Junior Broker in the Terrorism team you will join our market leading team of insurance experts to provide innovative, detailed and best practice service for clients across a wide ranging portfolio.
You will work closely with the Brokers to provide technical support on client and market facing work, including the timely completion of market slips, producing risk quotations and reviewing client documentation. Additionally, you will be engaging with Lockton’s placement facilities which can accommodate enquiries from around the world.
This is a fast paced, entrepreneurial environment so previous experience of the insurance industry is helpful as a foundation but what is most important to us is your ability to learn the role, build strong working relationships and to have a positive, entrepreneurial approach to work.
Qualifications

What are the typical responsibilities as a Broker Support / Junior Broker?

• Build your understanding of placing Terrorism business in the Lloyd’s and company markets to work towards placing your own risks and endorsements
• Support the Brokers in gathering detailed information on clients, industry analysis and geopolitical information
• Review and analyse underwriting information in order to draft market submissions for review
• Prepare slips and marketing information to present to Brokers
• Ensure all required information is documented and work with the Divisional Support and IBA teams to support on invoicing and debt management

• Coordinating with the dedicated Claims team in the event of a lossBuild strong partnerships across the wider Crisis Management business

What skills and experience would we like you to have?

• Previous experience of working in the Insurance industry will be helpful as a foundation
• Good attention to detail, an interest in research and analysis and the ability to provide structured, reasoned decisions will be beneficial
• Ability to build strong relationships with technical, sales and operational colleagues and market contact will be beneficial
• Desire to join a dynamic, entrepreneurial team in a growing organisation to start or take the next step in your insurance career

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 10,000+ Associates doing business in over 100 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

• Build your understanding of placing Terrorism business in the Lloyd’s and company markets to work towards placing your own risks and endorsements
• Support the Brokers in gathering detailed information on clients, industry analysis and geopolitical information
• Review and analyse underwriting information in order to draft market submissions for review
• Prepare slips and marketing information to present to Brokers
• Ensure all required information is documented and work with the Divisional Support and IBA teams to support on invoicing and debt management
• Coordinating with the dedicated Claims team in the event of a lossBuild strong partnerships across the wider Crisis Management busines