Account Executive - UK Construction

Lockton Companies; Peacehaven; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance brokerage firm based in the United Kingdom is seeking an Account Executive to enhance client relationships and support insurance needs in the construction sector. The ideal candidate should have a strong background in construction or property insurance, with skills in preparing market submissions and excellent organizational abilities. Joining a dynamic team, you will be integral in managing client portfolios and ensuring a high quality of service. This role offers the opportunity to work within a well-respected firm known for its commitment to client satisfaction.

Qualifications

• Experience in Broking, Underwriting, or wider Insurance background preferred.
• Ability to work with account handlers on client servicing.
• Desire to join a dynamic, entrepreneurial team.

Responsibilities

• Build and maintain relationships with clients in insurance.
• Track renewal periods and premium payments for clients.
• Prepare policy documentation with in-house experts.
• Support claims team with major losses.

Skills

Experience in Construction or Property insurance

Experience preparing market submissions

Organizational skills

Client communication skills

Ability to build client relationships

Job description

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 are 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.

Account Executive 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.

Candidate Profile

What are the typical responsibilities as an Account Executive?

• Building strong partnerships with your allocated portfolio of clients
• Proactively track client renewal periods, premium payments and any losses
• Analyse renewal information to prepare market submissions
• Provide client feedback to contribute to client review meetings and renewal strategy
• 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 working on Construction or Property business from a Broking, Underwriting or wider Insurance background
  • have experience of preparing market submissions and policy documentation
  • be able to work with account handlers who will support you in servicing our client needs
  • 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 it’s 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 Insurancemagazine has recognised Lockton as a ‘Best Place to Work in Insurance’– an achievement we are immensely proud of!