Senior Vice President Global Financial Institutions Retail
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Job Location:
Monthly Salary:
Posted on:
15 hours ago
Vacancies:
1 Vacancy
Job Summary
General information
Reference
003858Location
United Kingdom London London
Work Place
Hybrid
Region
UK
Job Profile
Lockton - Experienced Professional
Title
Senior Vice President - Global Financial Institutions Retail
Description
Lockton is recruiting a Senior Client Account Executive / Broker to join our Global Financial Institutions (GFI) Retail team in London. This is a senior role with line management responsibility focused on delivering market-leading service to Locktons Retail FI clients while supporting growth retention and talent development within the team. This role will join the GFI leadership team.
Role Purpose
To provide strategic account management and broking services to Locktons GFI Retail clients including programme placement for complex risks. The role will promote and oversee the delivery of excellent client service retention and growth while contributing to new business development RFP responses and the onboarding of new clients. The position also includes leadership responsibility mentoring junior colleagues and ensuring compliance with Lockton procedures and client KPIs.
Key Responsibilities:
- Line management of team members
- Mentor and develop junior colleagues acting as a role model and supporting future leadership talent within GFI
- Act as lead broker and account executive for large complex Financial Institution clients delivering market-leading service standards
- Provide FI broking and account handling for significant regional and London-based clients
- Represent Lockton GFI in new business pitches and RFPs; lead onboarding of new clients
- Partner with Producers and GFI Retail leadership to achieve growth targets and maintain high client retention
- Identify and deliver cross-selling opportunities collaborating with specialist teams (e.g. Cyber General Insurance)
- Support the development of insurer products facilities and binder solutions to improve efficiency for smaller business
- Advise clients on emerging and changing risk exposures and prepare them for optimal renewal outcomes
- Develop and execute placement strategies in line with client needs and Lockton compliance requirements
- Produce renewal reports and attend client review debrief and feedback meetings
- Ensure prompt accurate resolution of client and market queries
- Liaise with insurers and clients to support Strategic Insurer Partners Producers and Account Executives
- Conduct SPOE checks on quotes slips and invoices prior to client release
- Ensure timely and accurate provision of information to Accounts Audit and Compliance teams in line with KPIs
Candidate Profile
About You:
- Deep market-leading knowledge of Financial Institutions insurance gained from a broking or underwriting background
- Significant experience in Financial Institutions insurance operating at senior level
- Proven ability to design and execute effective placement strategies
- Strong understanding of the full broking lifecycle and regulatory environment
- Established relationships with key GFI markets
- Strong relationship-building skills with clients insurers and colleagues and excellent written and verbal communication skills
- Strong time management prioritisation and attention to detail
- Analytical and problem-solving capability including research and investigation
- Commitment to continuous professional development
- Demonstrated ability to identify and convert business development opportunities
- Professional presence and credibility when representing Lockton at senior levels
Custom section 3
Scheduled
Full Time Permanent
Required Experience:
Senior Exec
Key Skills
- Business Development
- Risk Management
- Financial Services
- Management Experience
- Profit & Loss
- Banking
- Regulatory Reporting
- Analysis Skills
- Relationship Management
- Financial Analysis
- Leadership Experience
- negotiation
About Company
The quality of your solicitors professional indemnity insurance underpins your integrity and reputation among your clients. As a regulatory requirement, it is critical that your cover performs effectively for you and your practice. Our dedicated and knowledgeable team is committed to ... View more
