Liability Placement Specialist
Lockton
Job Description
About Lockton At Lockton, we are more than just insurance brokers; we are the pioneers of innovation. Since our inception in 1966, we have grown to become the world's largest privately-owned insurance brokerage and 10th largest overall. With more than 140 offices, 10,750+ associates, serving over 65,000 clients around the world.
Business Insurance has recognized Lockton as the "Best Place to Work in Insurance " for fifteen consecutive years.Watch a video testimonial of our associate's Lockton experience: Please visit our career website to learn about our work culture: Visit our official website for details of our business:
Job Purpose & Responsibilities: We are seeking a Liability Placement Specialist to manage placement of liability insurance policies with insurance companies and support corporate clients with appropriate risk transfer solutions.
Key ResponsibilitiesObtain quotations from insurers for liability insurance products. Negotiate premiums, coverage terms, and policy conditions. Coordinate with underwriters and internal servicing teams.
Prepare quote comparisons, placement slips, and policy documentation. Support renewals and timely policy issuance & policy scrutinyMaintain relationships with insurers and clients. Ensure compliance with regulatory and internal processes.
Products HandledProfessional Indemnity incl. Tech PIDirectors & Officers Liability (D&O) Cyber Liability General/Public Liability Product Liability Cyber & CrimePOSIPollution Legal LiabilityMutual Fund Asset Management Liability policyTrade Credit Insurance
RequirementsBachelor's degree in Commerce, Business, or related field. 2-5 years of experience in insurance broking or underwriting. Knowledge of liability insurance products and placement process. Strong communication and negotiation skills. Proficiency in MS Excel and documentation handling. PreferredExperience in corporate insurance broking. Insurance certifications such as III preferred.
Life at Lockton is about growth, flexibility and recognition, but life is about so much more than work!
At Lockton, we value and support our Associates alongside with their career journey with us. We offer medical insurance covering spouse and dependent(s), life insurance, critical illness insurance, annual medical checkup, vision care program, flexible benefits, birthday Leave, education allowance, and voluntary contributions for MPF Scheme.
We offer competitive salary and benefits package with great opportunity for career development to the successful candidate. Please send your detailed resume and expected salary to our Human Resources Department by e-mail
All information provided by applicants will be treated in the strictest confidence, will be used solely for recruitment purposes and strictly in accordance with the Lockton's personal data policies, a copy of which will be provided upon request. Lockton will retain all applications no longer than 12 months of which will be destroyed thereafter.