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For Companies At a Glance
- Tasks: Build and maintain strong client relationships while managing a portfolio of insurance needs.
- Company: Join Lockton, the world's largest independent insurance broker with a focus on client success.
- Benefits: Enjoy a dynamic work environment, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact in the construction industry with tailored risk management solutions.
- Qualifications: Experience in insurance, strong leadership skills, and a passion for client service.
- Other info: Be part of a supportive team culture that values learning and career development.
The predicted salary is between 72000 - 108000 £ per year.
Your Responsibilities
Lockton’s foundation was built upon the construction and design industries. Our first 15 years were dedicated to this sector and that dedication remains today, with construction still comprising a sizable share of Lockton revenue and the UK team enjoying success and continuing to grow. We deliver risk management systems that are truly customized not only to the industry, but to each of our unique clients. Our process is customized to the specific exposures, risk tolerance and personal preferences of each client. We don’t force cookie‑cutter solutions on client organisations. Instead we employ a fluid approach tailored to each client’s needs.
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.
Qualifications
- 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
- 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 UK Construction employer: Lockton
Contact Detail:
Lockton Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President UK Construction
✨Tip Number 1
Network like a pro! Get out there and connect with people in the construction and insurance sectors. Attend industry events, join relevant groups on LinkedIn, and don’t be shy about reaching out to potential contacts. You never know who might help you land that Vice President role!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with someone from Lockton or any other company, make sure to highlight your experience in managing client relationships and your technical knowledge in construction insurance. Tailor your conversations to showcase how you can add value to their team.
✨Tip Number 3
Follow up after meetings or networking events. A quick email thanking them for their time and reiterating your interest can keep you top of mind. Plus, it shows you’re proactive and genuinely interested in the role!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining Lockton and being part of our dynamic team.
We think you need these skills to ace Vice President UK Construction
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to reflect the specific skills and experiences that align with the Vice President role. Highlight your experience in the construction sector and how it relates to the responsibilities outlined in the job description.
Showcase Your Relationship-Building Skills: Since this role involves building strong partnerships with clients, be sure to include examples of how you've successfully managed client relationships in the past. We want to see your ability to foster connections and provide excellent service.
Demonstrate Your Technical Knowledge: As a candidate for this position, it's crucial to showcase your technical expertise in insurance and construction. Include any relevant qualifications or experiences that demonstrate your capability to review and sign off on submissions and policy documentation.
Apply Through Our Website: We encourage you to submit your application through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets to the right people!
How to prepare for a job interview at Lockton
✨Know Your Construction Stuff
Make sure you brush up on your knowledge of the construction industry, especially in relation to risk management and insurance. Familiarise yourself with current trends, challenges, and innovations in the sector. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Build Relationships Before You Walk In
Networking is key! Try to connect with current or former employees of Lockton before your interview. This can give you insights into the company culture and expectations. Plus, having a few names to drop during your conversation can make a great impression.
✨Showcase Your Leadership Skills
As a Vice President, you'll need to demonstrate strong leadership capabilities. Prepare examples from your past experiences where you've successfully managed teams or projects. Highlight how you foster collaboration and drive results, as this aligns with Lockton's emphasis on teamwork.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving skills and strategic thinking. Think about potential challenges in the construction insurance space and how you would address them. This will showcase your critical thinking and ability to drive the business forward.
