Associate Broker

THE ROLEThe Associate Broker works to support all members of the Technical Risk Solutions Department with all facets of the Brokers responsibility to review risks execute strategic market approaches and place accounts in the insurance marketplace on behalf of the commercial service teams. The positional objective is to ensure that Brokers are supported optimally in their role which is to deliver effective technical risk product and market advice and to negotiate optimized solutions backed by the most appropriate carriers at competitive supporting the Technical Risk Solutions team the Associate Broker helps satisfy our clients having both indirect and direct impacts on the growth and success of our clients and Lloyd YOULL DO:Functional Responsibilities: In conjunction with other Technical Risk Solutions Team and Client Team members the Associate Broker shall:Assist Brokers with gathering information through teams and with preparation of documents necessary for preparation of marketing submissions and client presentations including but not limited to the following tasks or documents:the marketing submission itself including schedules and applications to be attached theretounderwriter responses including quotes receivedsummary and comparison documents for the team or the clientAct as secondary functional contact for teams and markets on placements qualifying for broker support to help successfully negotiate preferred terms for our clients including:following up on submission responsesfacilitating answers to underwriting questionsengaging in clarifying conversations where applicabletracking insurer responses in an acceptable summary formatProvide input to help influence and improve corporate efficiencies around risk placement and negotiation including timelines coverage and submission standardsParticipate in industry and association eventsAssist teams with communication of regular reports on activities wins and losses in the market including posting of such information for staff in public forums (e.g. ELSIE).Strategic Responsibilities: Under the direction of the Director of Technical Risk Solutions the Associate Broker shall:Assist Brokers with retention of the assigned renewal book at a level in keeping with Lloyd Sadds business plansWork with Brokers and Account Team to document and execute agreed renewal strategies and processesContribute to improving processes for the critical file pre-work with service teams and to the ongoing improvement of Lloyd Sadds Go To Market StrategyAssist Brokers with documentation of and follow up for items agreed in Annual Market Business planning meetingsOther Functional Tasks: Where required the Associate Broker shall undertake the following additional tasks: Prepare update and maintain Excel spreadsheets; Manage various internal and external correspondence related to client file management in EPIC as well as upkeep of the Insurer Contact List;Assist with the renewal of annual service agreements;Participate and contribute during Broking and Support team meetings;Assist with other administrative support functions and special projects undertaken by the Broking teamPerform all other duties as WE REQUIRE:Demonstrated breadth across commercial insurance and depth with policy wordings and coverages within key industry sectors;A minimum of 3-5 years progressively responsible experience in an Underwriting Broking Loss Control Risk Management Business Development or Client Executive role within the Insurance Industry or a related industryLevel II license or equivalent and relevant industry experience required; preferred an academic background consisting of post secondary education certificates industry programs such as CIP CRM and CAIB or working towards;Strong communication presentation and negotiation skills including ability to explain proposal documents to colleagues or clients with a high degree of technical proficiencySkill in analysis problem solving critical thinking decision making teamwork communication innovation and adaptability;Advanced skills in Microsoft Office Suite and internal Broker Management Systems (EPIC).Lloyd Sadd is actively committed to supporting diversity equity and inclusion. We serve and recognize and respect human differences and similarities. We value the diversity of people and actively encourage women indigenous peoples members of visible minorities people with disabilities and lesbian gay bisexual transgender and queer (LGBTQ2) persons to apply.