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producer London, England
Job description
General information
Reference
001183Vacancy location
Location
United Kingdom, London, London
Work Place
Hybrid
Region
UK
Vacancy details
Job Profile
Lockton - Experienced Professional
Title
New Business Producer
Description
Senior New Business Producer – International People Solutions
Lockton International People Solutions are recruiting for a proven ‘blue chip’ new business winner to expand the team and join the fastest growing employee benefits practice in the market.
International People Solutions
The Lockton International People Solutions team supports over 500 clients across all facets of insured and non-insured employee benefits including; health, risk and wellbeing, global benefits management, workplace savings, M&A, actuarial, employee engagement and strategic consulting.
Our multi-disciplinary teams based around London, Manchester and Scotland support clients from 3 to 100,000 employees, including major global brands and exciting start-ups.
About the Role
Your overall purpose in the role will be to generate profitable new business opportunities by cultivating professional relationships with major UK domestic and global organisations (FTSE 250/Fortune 500), in sectors such as legal and professional services, financial institutions, telecommunications, media and tech. The successful candidate will also have scope to use their knowledge and expertise to open up new sectors and distribution channels.
With a great deal of autonomy, you will be encouraged to explore and identify new opportunities to develop and broaden our proposition to better meet client demand and differentiate Lockton in the market to fuel further growth.
Key Tasks and Responsibilities:
Generate profitable new business opportunities and lead conversion to the Lockton International People Solutions practice in order to meet business targets by;
Active prospecting and managed pipeline of new business opportunities with supporting records and tracking- Working with Lockton colleagues, Global Partners and Introducing Partners to broaden distribution channels
- Leading and/or attending prospect meetings
- Production of proposal documents, response to tenders and presentation materials
- Feeding into annual business planning and forecasting
- Maintaining and expand own client relationships, both in terms of quality and value
- Negotiating fees or commission earnings with clients and ensure credit control is compliant with group standards
- Supporting and coaching other Producers and junior Associates to assist where possible in achieving their goals
- In conjunction with service team, working to ensure compliance with internal standards and procedures and our regulatory obligations
- For all clients in portfolio, including allocated house accounts, monitoring service standards and client satisfaction through regular contact with client and service team
Candidate Profile
Competencies required in the role include:
Ability to identify opportunities for business development- Ability build and maintain good business relationships with clients, insurers and associates
- Professional and tactful negotiation and persuasion skills to achieve objectives
- Demonstrated ability to instil confidence with clients so that the client looks to you and to Lockton as more than just an insurance broker, but as a partner in business
- Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other associates
- Presentation skills in both preparation and execution
- An understanding of the relevant classes of business
- An understanding of broader health, risk and wellbeing strategies and when these are useful to clients
- An understanding of the general, legal principles of insurance
Lockton Companies
Since its foundation in 1966 Lockton has grown to become the world’s largest independent insurance broker, today with more than 8,500 Associates in over 100 offices worldwide.
As a family organisation, Lockton is not driven by the quarterly pressure from the financial markets. This kind of independence frees us to always act in the best interest of our clients and creates a completely different dynamic, one that is focused on your success.
For nine consecutive, Business Insurance magazine has recognised Lockton as a ‘Best Place to Work in Insurance’.
Custom section 3
Scheduled
Full Time Permanent