Job Description

General information

Reference

003924

Vacancy location

Location

United Kingdom, London, London

Work Place

Hybrid

Region

UK

Vacancy details

Job Profile

Lockton - Experienced Professional

Title

Account Executive - National Professions Practice

Description

Professional services firms operate in an arena fraught with danger emanating from the risk of professional negligence. In an increasingly litigious environment errors or omissions or allegations of breach of professional duty can result in financial loss, reputational damage or legal claims for professional services organisations.

Our team of Professional Indemnity Insurance (PII) experts recognise and address the challenges emerging and already facing the professional services industry. Lockton’s expert National Professions Practice provides specialist advisory and placement services through innovative risk solutions and exclusive access to capacity.

At Lockton we value our independence and free from the demands of stakeholders, our team are focused solely on our clients, offering industry-leading service that sets us apart from the competition. We always endeavour to fully understand our clients’ individual risk exposures and tailor each Professional Indemnity insurance programme to meet their specific needs

Account Executive Role – What is involved?

As an Account Executive your primary role is to build and maintain excellent working relationships with our clients to ensure that we are providing the best service for all of their insurance broking and risk management needs.

You will be responsible and accountable for a portfolio of existing clients, managing their evolving insurance needs over the renewal process and throughout the policy year. This will include supporting strategy meetings with clients and partnering when necessary with our expert brokers, preparing market submissions, analysing renewal terms, looking for opportunities to provide enhanced or additional services and ensuring that the client’s insurance programme remains fit for purpose.

As a Global company there will be plenty of opportunity for cross class exposure across all business lines we operate in. 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.

This role can be based in London, Bristol, Manchester, or Edinburgh.

What are the typical responsibilities as an Account Executive?

• Building and maintaining strong partnerships with your allocated portfolio of clients
• Agree renewal strategy, collate and analyse renewal information to prepare market submissions
• Proactively supporting clients during renewal periods including reporting any losses and monitoring any premium payment requirements
• Prepare policy documentation including working with our wordings expert for any bespoke clauses/ wording
• Review contractual obligations including appointment documents and collateral warranties
• Support the claims team on any major losses

Candidate Profile

About You:

• As an expert Account Executive, you will be required to have experience of working on appointment documents and contracts -PII, legal or construction industry background preferred.
• Technical knowledge of PI insurance products and standard contractual requirements imposed on Construction sector clients
• Proven experience reviewing contractual documentation to ascertain client coverage requirements would be highly beneficial
• Experience of preparing market submissions and policy documentation will be beneficial
• Due to the nature of the role, you will need to be organized, proficient in using Microsoft office and be comfortable communicating with a wide range of clients, professional advisers and colleagues
• Desire to join a dynamic, entrepreneurial team in a growing organisation

Custom section 3

Scheduled

Full Time Permanent