Associate Broker

Lockton Companies; Greater London; On-site; GBP 25,000 - 35,000; Full time

Job summary

Lockton Companies in London is seeking an Associate Broker to support the placement and servicing of insurance business, building strong relationships with clients, insurers and global partners to deliver effective insurance solutions. You will assist with portfolio growth and retention through expert broking, client advice and high-quality service in line with regulatory and compliance requirements.

A strong focus on client risk understanding and market submissions under supervision will be

Qualifications

• Previous insurance experience with a solid foundation of principles and processes; Casualty focus preferred (US/International/Retail).
• Strong capability in analysing complex datasets, identifying trends, and presenting findings.
• Proficient in conducting in-depth research on client operations, industry trends, and risk exposures.
• Highly organised with the ability to manage multiple priorities while maintaining accuracy.
• Able to switch between tasks in a fast-paced environment without compromising quality.
• Skilled at applying logic to evaluate information and support informed decisions.

Responsibilities

• Supports placement and servicing activities for straightforward to moderately complex risks under supervision.
• Develops understanding of client businesses, risk exposures and insurance requirements.
• Reviewing client submissions and identify changes in operations, risk profile, or recent industry developments.
• Builds relationships with underwriters and supports market negotiations.
• Assists with placement strategy discussions and market submissions.
• Assists with client meetings, renewals and servicing activities.
• Supports documentation and placement administration.
• Develops knowledge of insurance products, markets and placement processes.
• Supports placement recommendations through market research and analysis.
• Supports client planning and strategy discussions, contributing market insights.
• Maintains relationships with clients, insurers and internal stakeholders.
• Shares knowledge and supports team activities to deliver positive outcomes.
• Maintains accurate client, policy and Salesforce records.

Skills

Relationship building

Communication skills

Willingness to learn

Broking process knowledge

Team collaboration

Attention to detail

Time management

Market research

Regulatory/compliance awareness

Tools

Brokasure/PPL/Artificial

Salesforce

Job description

As an Associate Broker, you will assist with managing the placement and servicing of insurance business, building strong relationships with clients, insurers and global partners to deliver effective insurance solutions. You will support portfolio growth and retention through expert broking, negotiation, client advice and the delivery of high-quality service in line with regulatory and compliance requirements.

Key Responsibilities

• Supports placement and servicing activities for straightforward to moderately complex risks under supervision.
• Develops an understanding of client businesses, risk exposures and insurance requirements.
• Reviewing client submissions and ability to undertake research to identify any changes in the client’s operations, risk profile including losses, financial position, or recent media and industry developments.
• Builds relationships with underwriters and supports market negotiations.
• Assists with placement strategy discussions and market submissions.
• Assists with client meetings, renewals and servicing activities.
• Supports documentation and placement administration.
• Develops knowledge of insurance products, markets and placement processes.
• Supports placement recommendations through market research and analysis.
• Supports client planning and strategy discussions, contributing relevant market and placement insights.
• Maintains effective relationships with clients, insurers and internal stakeholders.
• Shares knowledge and supports team activities, contributing to positive client and business outcomes.
• Maintains accurate client, policy and Salesforce records and ensures documentation is completed to required standards.

Key Skills

• Ability to develop effective relationships with clients, insurers and colleagues.
• Demonstrates strong communication skills and adapts communication style to different audiences.
• Has a strong willingness to learn and develop technical insurance knowledge.
• Understands the fundamentals of the broking process and relevant classes of business.
• Works collaboratively with colleagues and supports team objectives.
• Contributes positively to team objectives, shares knowledge and supports colleagues when required.
• Manages workload effectively, demonstrates strong organisational skills and pays close attention to detail. Delivers work accurately and on time.
• Demonstrates an understanding of policy placement and renewal processes through the use of Brokasure/PPL/Artificial
• Develops an understanding of insurance products, policy structures and placement processes.
• Progresses professional qualifications and technical learning.
• Develops knowledge of insurer appetite, market practices and placement methodologies.
• Develops understanding of client risks, coverage options and insurance solutions.
• Maintains awareness of regulatory, compliance and governance requirements relevant to broking activities.
• Competently uses market systems, internal platforms and reporting tools.
• Builds confidence in discussing technical insurance concepts and market developments.

Ideal Candidate must be able to demonstrate:

• Relevant Experience: Previous insurance experience with a solid foundation of principles and processes; preferred Casualty background with a focus on US, International or Retail.
• Excel: Strong capability in analysing complex datasets, identifying trends, and presenting findings through clear summaries, tables, and reports.
• Research and Analytical Skills: Proficient in conducting in-depth research using a variety of sources to gain insights into client operations, industry trends, and risk exposures.
• Organisation and Attention to Detail: Highly organised with the ability to manage multiple priorities while maintaining accuracy and consistency.
• Adaptability: Able to quickly switch between tasks and adjust priorities in a fast-paced environment without compromising quality.
• Critical Thinking: Skilled at applying logic and judgement to evaluate information, identify discrepancies, and support informed decision-making.

Associate Broker London, United Kingdom