Account Manager – Lockton FAC
Job Summary
United Kingdom London London
Hybrid
UK
Lockton - Experienced Professional
Account Manager Lockton FAC
- Provides day-to-day service and administrative support for client reinsurance programmes working closely with Account Executives and Brokers
- Supports renewals adjustments new business and placement processes including gathering underwriting information and preparing submission documentation
- Prepares reviews and issues policy documentation endorsements certificates schedules and other client/market materials accurately and on time
- Maintains accurate and up-to-date client policy and system records to support reporting and workflow requirements
- Liaises with insurers underwriters clients and internal teams to ensure efficient service delivery and effective handling of queries
- Delivers high-quality client service in line with agreed service levels and KPIs acting as a key point of contact for routine queries
- Manages invoicing and premium processes working with internal teams to support collection and ensure timely payments
- Monitors and manages premium payment warranties (PPWs) cancellations and extensions where required
- Conducts checks and controls (e.g. SPOE checks) to ensure compliance and accuracy across documentation and processes
- Works collaboratively with the Market Security team to ensure that all TOBAs and Due Diligence has been run for companies Lockton Fac are seeking to trade with.
- Supports account management activities including identifying risk exposures and contributing to risk and insurance solutions
- Drafts client and market documentation and coordinate timelines to ensure deadlines are met
- Collaborates with broking wording and other internal stakeholders to support effective account delivery
- Ensures prompt and accurate resolution of account and payment-related queries.
- Works with the Commercial BU Operations Lead to ensure internal processes are adhered to and identify areas where efficiency gains could be made whilst ensuring a smoot and seamless level of servicing is maintained.
- Liaises with the Claims team when required to ensure loss advice and claim requests are handled and actioned in a timely manner.
- Experience in Reinsurance
- Strong attention to detail and ability to work both independently and collaboratively within a team.
- Calm under pressure and able to communicate clearly and effectively.
- An extremely positive attitude and a desire to learn grow and contribute to a fast-growing team.
- Sound technical understanding of reinsurance documentation including slips wordings and contracts.
- Personable approachable and willingness to develop relationships internally and externally with relevant stakeholders.
An opportunity has arisen for an experienced Account Manager to join our newly formed and fast-growing Lockton FAC team housed within the Lockton Specialty division.
Required Experience:
IC
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