SML Broker

An opportunity has arisen in Locktons US Casualty team for a London market broker to join us focussing on broking for sexual misconduct and molestation liability risks.

This role will provide account management and placingservices for clients with SML exposures in line with agreed account strategies and in accordance with Lockton operating procedures. The role will support the delivery of tailored solutions for complex and sensitive liability risks across a range of US-domiciled clients.

Role Responsibilities

• Manage client market and underwriter relationships at an operational level with a focus on SML placements.
• Broke and place SML risks into the US market engaging with underwriters on coverage terms conditions and pricing.
• Develop an understanding of clients risk profiles business operations and exposure to SML risks to provide informed advice on coverage programme structure and retention strategies.
• Assist in preparing and issuing accurate coverage documentation within contract certainty deadlines.
• Support the delivery of comprehensive marketing submissions that clearly articulate sensitive and complex exposures to insurers.
• Identify and coordinate the use of internal specialist teams including claims risk management and wording experts where appropriate.
• Assist with the resolution of service issues with insurers and third-party providers particularly in relation to complex or sensitive claims scenarios.
• Attend client strategy meetings and contribute to the development of placement strategies for SML and broader casualty programmes.
• Provide technical input and reviews of insurance programmes (with oversight) making recommendations where relevant.
• Maintain up-to-date knowledge of SML coverage developments and underwriting appetite across the US market.
• Keep abreast of legal regulatory and market developments impacting SML exposures.
• Monitor market conditions to determine optimal placement strategies for clients.

• Experience within the London insurance market broking or underwriting risks ideally with exposure to SML abuse liability or other casualty lines.
• Strong communication skills with the ability to handle sensitive subject matter professionally and appropriately with clients and insurers.
• Proven ability to build and maintain strong relationships with clients insurers and internal stakeholders.
• Ability to contribute to and support the preparation of high-quality broking submissions and presentations.
• Awareness of risk management approaches relevant to organisations exposed to SML risks.
• Strong organisational skills with the ability to manage competing priorities and meet deadlines without compromising quality.
• A collaborative mindset with a willingness to support colleagues and contribute positively to the team.