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- Tasks: Support broking teams by creating and refining Binder / DA contracts.
- Company: Join Lockton Re, a leading independent insurance broker with a global presence.
- Benefits: Enjoy a collaborative environment with opportunities for learning and formal training.
- Why this job: Be part of an innovative team in the reinsurance industry, making a real impact.
- Qualifications: Experience in Binder / DA roles, strong attention to detail, and excellent communication skills required.
- Other info: This is an entry-level, full-time position in the insurance sector.
The predicted salary is between 36000 - 60000 £ per year.
Binders / Delegated Authority Wordings Expert (M&E) – Lockton Re Join to apply for the Binders / Delegated Authority Wordings Expert (M&E) – Lockton Re role at Lockton . Overview Lockton Re supports businesses in understanding, mitigating, and capitalizing on risk. We innovate within the reinsurance industry by leveraging new technologies, delivered by our committed team of over 450 professionals across 19 locations worldwide. As part of Lockton Companies, the world\’s largest privately-held insurance broker, we operate independently to provide exceptional client service without external pressures or conflicts of interest. We are expanding our Marine & Energy team and are seeking a skilled individual for the newly created role of Production Support Specialist, focusing on Binders / DA contracts. About The Role In this role, you will work closely with our broking and client service teams to ensure contract certainty, providing first-class service. You should have a strong understanding of wordings, coverage issues, and the structure and content of Binder / DA documents, systems, and the reinsurance industry. Your responsibilities include creating, structuring, and refining Binder / DA contracts, utilizing industry insights and maintaining a broad professional network. Development Opportunities Join a dynamic and collaborative environment with opportunities for learning, growth, and formal training to enhance your skills. Qualifications Ideal candidates will have: Experience in a similar Binder / DA role, supporting broking teams with knowledge of processes and contracts. Strong attention to detail and interest in policies, systems (Atlas, DCOM, Crystal, Risk Locator, LexisNexis, etc.). Excellent communication skills, both verbal and written. Commercial awareness and problem-solving skills. An analytical mindset and a drive for continuous improvement. Good relationship-building skills. Additional Details Level: Entry Type: Full-time Function: Other Industry: Insurance #J-18808-Ljbffr
Binders / Delegated Authority Wordings Expert (M&E) - Lockton Re employer: Lockton
Contact Detail:
Lockton Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Binders / Delegated Authority Wordings Expert (M&E) - Lockton Re
✨Tip Number 1
Network with professionals in the reinsurance industry, especially those who have experience with Binders and Delegated Authority contracts. Attend industry events or webinars to connect with potential colleagues and learn more about the role.
✨Tip Number 2
Familiarise yourself with the specific systems mentioned in the job description, such as Atlas and DCOM. Consider taking online courses or tutorials to enhance your understanding of these tools, which will demonstrate your commitment to the role.
✨Tip Number 3
Stay updated on the latest trends and developments in the Marine & Energy sectors. This knowledge will not only help you in interviews but also show that you are proactive and genuinely interested in the field.
✨Tip Number 4
Prepare to discuss specific examples from your past experiences where you successfully managed Binder or DA contracts. Highlight your attention to detail and problem-solving skills, as these are crucial for the role.
We think you need these skills to ace Binders / Delegated Authority Wordings Expert (M&E) - Lockton Re
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Binders / Delegated Authority Wordings Expert role. Familiarise yourself with the key terms and concepts related to Binder / DA contracts.
Tailor Your CV: Customise your CV to highlight relevant experience in Binder / DA roles. Emphasise your knowledge of processes, contracts, and any specific systems mentioned in the job description, such as Atlas or DCOM.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the reinsurance industry and your passion for the role. Mention specific examples of how your skills align with the requirements, particularly your attention to detail and communication skills.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as these can detract from your professionalism and attention to detail.
How to prepare for a job interview at Lockton
✨Know Your Wordings
Make sure you have a solid understanding of Binder and Delegated Authority wordings. Be prepared to discuss specific examples from your past experience where you've successfully created or refined these documents.
✨Showcase Your Attention to Detail
Highlight your attention to detail during the interview. You might be asked to review a sample contract, so practice articulating how you identify and address potential issues in wording or coverage.
✨Demonstrate Communication Skills
Since this role involves working closely with broking and client service teams, be ready to showcase your communication skills. Prepare examples of how you've effectively communicated complex information to different stakeholders.
✨Research Lockton Re
Familiarise yourself with Lockton Re's operations and values. Understanding their approach to risk management and client service will help you align your answers with their expectations and demonstrate your genuine interest in the company.
