Lockton

Transaction Liability Associate

Lockton  •  Republic of Malta (Hybrid)  •  4 months ago
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Job Description


General information


Reference


003960

Vacancy location


Location

Malta, Malta


Work Place

Hybrid


Region

Europe

Vacancy details


Job Profile

Lockton - Experienced Professional


Title

Transaction Liability Associate - Malta


Description

We are hiring for an Associate to join our Transaction Liability team in Malta.

Role Requirements

Delivering account management services for an assigned client portfolio, contributing to the comprehensive service provision to clients, and ensuring adherence to the operational model of Lockton European Brokers Limited (LEBL), in close liaison with various teams in the UK

  • Conduct client onboarding in line with LEBL process and procedures
  • Handle risk placements in line with LEBL operational model
  • Support the coordination of the insurance programmes with colleagues in the UK Branch teams in line with Lockton’s operating model
  • Day-to-day servicing of the EEA client portfolio
  • Effective and timely management of all renewals to ensure completion by the due date
  • Support in the placement of insurance for clients in accordance with Lockton’s strategy
  • Support in obtaining quotations both for new and renewal business
  • Support in the preparation of market and client documentation
  • Checking of policy and other documentation for accuracy prior to issuance to the client
  • Provision of documentation to clients in accordance with Lockton procedures
  • Deal effectively (and to the satisfaction of the client and the market) with queries, including but not limited to changes in cover and risk
  • Prompt and accurate resolution of account queries


Candidate Profile

Candidate Profile

  • 2-5 years’ experience handling property and casualty or transaction liability lines of business, either in a broking or underwriting context
    Working towards or already in possession of the Chartered Insurance Institute’s Diploma in Insurance (or equivalent)
  • Willingness to develop knowledge through formal and informal learning, both internally and externally
  • Excellent use of English language (both written and spoken)
  • Working knowledge of a second European language (apart from Maltese) is considered an advantage
  • Ability and willingness to undertake occasional business travel to the UK
  • Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other Associates
  • Excellent time management and the ability to work independently and under pressure, managing clients’ deadlines and responding within agreed SLAs
  • Analytical and problem-solving skills, including research and investigation
  • Ability to build and maintain good business relationships with clients, insurers and Associates
  • Demonstrate an understanding of when to proceed alone and when to involve the appropriate Associates
  • Presentation skills in both preparation and execution
  • Professional and tactful negotiation and persuasion skills to achieve objectives
  • An understanding of regulatory controls and procedures applicable to insurance brokers and appreciation of the importance of compliance with internal and external policies and procedures
  • An understanding of and adherence to Lockton standards and procedures
  • Highly motivated with excellent attention to detail
  • Knowledge of the computer desktop software provided by Lockton
  • Knowledge of Microsoft products (Word, Excel, Outlook) and/or similar software applications
Lockton

About Lockton

What makes Lockton stand apart is also what makes us better: independence. Our private ownership empowers our 13,100+ Associates doing business in over 140+ countries to focus solely on clients' risk and insurance needs. With expertise that reaches around the globe, we deliver the deep understanding needed to accomplish remarkable results.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Global
Year Founded
1966
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