At a Glance
- Tasks: Build and maintain strong client relationships while managing insurance needs in the construction sector.
- Company: Join Lockton, the world's largest independent insurance broker with a focus on client needs.
- Benefits: Enjoy a hybrid work environment, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact in a dynamic team while driving innovative insurance solutions.
- Qualifications: Experience in insurance, strong leadership skills, and a passion for client service.
- Other info: Be part of a culture that values independence and offers excellent career development.
The predicted salary is between 72000 - 108000 £ per year.
Our dedicated Global Construction Practice offers bespoke, targeted insurance solutions across all sectors of the construction industry. With in-depth knowledge of the global construction sector, we understand the full spectrum of construction projects that businesses invest in and manage. Our team works collaboratively to build the solutions each client needs. With global market expertise, unparalleled service and the right insurance cover, we provide the protection every construction client needs.
The Construction practice is an experienced group of individuals who have a wealth of experience across a broad range of construction risks. Cultural fit is of utmost importance to our business and we are happy to support the learning curve of growing into a new role and building a successful career with Lockton.
Vice President Role – What is involved?
As an Account Executive your primary role will be to build and maintain excellent working relationships with our clients to ensure that we are providing the best service for all of their insurance needs. This will also include fostering close working relationships with our brokers, including supporting them in the market where necessary as well as claims and other experts within the business.
You will be responsible for an allocated portfolio of new and existing clients to support their ongoing insurance needs and the renewal process where applicable. This will include supporting strategy meetings with clients, preparing market submissions, analysing information and looking for opportunities to either enhance existing or provide additional services.
You will need to be capable of managing a team of associates allocated to your clients and ensure timely delivery of both placements and services to your client portfolio. You will need to have the technical capability required to act as a referral point within the team and to be able to review and sign off submissions and client documentation.
Candidate Profile
What are the typical responsibilities as a Vice President?
- Build and grow strong partnerships with clients and market contacts
- Act as a point of referral and maintain responsibility for strong placement and servicing standards within the client service team
- Analysis of renewal information and driving of placement strategy
- Develop strategic connections within Lockton, expand awareness and breadth of knowledge of non-Construction covers and identify cross-division opportunities
- Actively seek out and generate new revenue opportunities through regular new business activity and by attending networking events
- Prepare policy documentation including working with in-house wordings experts for any bespoke clause wordings
- Support the claims team on major losses
What skills and experience would we like you to have?
As an Account Executive in the UK Construction team it would be desirable for you to:
- Have experience of leading placement and servicing of Construction business from a Broking, Underwriting or wider Insurance background and have a sound technical base knowledge
- Be confident in reviewing and signing off market submissions and policy documentation
- Be able to manage and support through mentoring/coaching a team of account executives and handlers across the range of placement and servicing needs of your clients
- Provide critical thinking and ideas to help develop and drive the business forward
- Have a desire to join a dynamic, entrepreneurial team in a growing organisation
Due to the nature of the role you will need to be organized and be comfortable communicating with a wide range of clients and colleagues.
About Lockton
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 its 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!
Vice President - Insurance Account Executive - UK Construction in Peacehaven employer: Lockton Companies
Contact Detail:
Lockton Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President - Insurance Account Executive - UK Construction in Peacehaven
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals at events or online. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Show your passion for the construction sector! When you get the chance to chat with potential employers, share your insights and ideas about the industry. It’ll help you stand out as someone who’s genuinely interested.
✨Tip Number 3
Prepare for interviews by researching Lockton and its culture. Understand their values and how they align with your own. This will help you demonstrate that you’re not just a fit for the role, but for the company too.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team at Lockton.
We think you need these skills to ace Vice President - Insurance Account Executive - UK Construction in Peacehaven
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Vice President role. Highlight your experience in the construction insurance sector and any relevant achievements that showcase your ability to build strong client relationships.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've successfully managed client portfolios and driven new business opportunities in the past.
Showcase Your Team Leadership Skills: Since you'll be managing a team, it's important to highlight your leadership experience. Talk about how you've mentored or coached others in previous roles and the positive impact it had on your team's performance.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. This way, we can easily track your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Lockton Companies
✨Know Your Construction Stuff
Make sure you brush up on your knowledge of the construction industry and insurance specifics. Understand the types of risks involved and be ready to discuss how you can provide tailored solutions for clients. This will show that you're not just familiar with the role, but that you genuinely understand the sector.
✨Build Relationships Before You Walk In
Networking is key in this role, so try to connect with current employees or industry contacts before your interview. Having a few insights or anecdotes about the company culture or recent projects can help you stand out and demonstrate your proactive approach.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical situations related to client management or claims handling. Think through your past experiences and be ready to share specific examples of how you've successfully navigated similar challenges in the past.
✨Show Your Leadership Skills
As a Vice President, you'll need to manage a team. Be prepared to discuss your leadership style and how you've mentored others in previous roles. Highlight any successful projects where you led a team to achieve great results, as this will showcase your capability to drive performance.