Property Broker – Florida Based

Lockton International; Tampa (FL); On-site; USD 80,000 - 120,000; Full time

Job summary

A leading insurance brokerage is looking for an experienced Account Executive in Tampa, Florida to manage marketing and service for a designated book of clients. The ideal candidate will have a minimum of 8 years of industry experience, possess strong negotiation skills, and effectively manage client relationships. This role requires an independent approach and a strong understanding of property program structures. Competitive salary and benefits included.

Benefits

Industry-leading health insurance

Career development opportunities

Qualifications

• Advanced working knowledge of commercial property/casualty coverages and services.
• Exceptional organizational and time management skills.
• Demonstrated market and related relationships in the industry.

Responsibilities

• Complete exposure and coverage review
• Provide recommendations for insurance program improvements
• Analyze complex data, interpret, and communicate findings

Skills

Excellent inter-personal skills

Multi-tasking

Entrepreneurial spirit

Working knowledge of various property program structures

Understanding of natural catastrophe modeling

Education

Minimum 8 years of industry experience

Tools

Data analysis tools

Job description

Tampa, Florida, United States of America

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

The Lockton Southeast Series Property Team is excited to announce we are seeking an Account Executive position working within our Property team. The Account Executive is responsible for all marketing and service needs for a designated book of Lockton clients with a significant Property risk profile. These clients tend to demand a high degree of complexity and/or sophistication in terms of coverage and/or service. The position reports directly to the Property Practice Lead, but the Account Executive is expected to work in a highly independent role and in accordance with Lockton Property Practice policies and procedures.

The Southeast Series Property Team is made up of highly skilled individuals focused on developing in-depth, collaborative relationships with both internal and external clients. Our clients value the service we have to offer and rely heavily on the team for data analysis, advice, miscellaneous troubleshooting, along with loss control and claims.

A successful candidate will have:

• Excellent inter-personal skills and ability to communicate effectively and professionally, both verbally and in writing.
• An ability to excel at multi-tasking, adapting to change and working on tight deadlines to meet our clients’ needs.
• An ability to manage time, prioritize and ensure that deadlines are met without compromising quality.
• An entrepreneurial spirit, along with an eagerness to learn and grow within the company and in your knowledge of the property space.
• Working knowledge of various property program structures, including shared and layered.
• Understanding of the global property marketplace, fronted programs, admitted and non-admitted global coverages.
• Understanding of natural catastrophe modeling. Ability to interpret data and apply to client’s exposures and program.
• The ability to work effectively with internal (Southeast Series Team and National Property Practice) and external (Client) teams.

Responsibilities:

• Complete exposure and coverage review
• Create renewal proposal for client
• Provide recommendations for insurance program improvements
• Consult with client to determine if insurance program should be marketed
• Lead client renewal strategy meeting
• Negotiate terms, conditions, and premiums with underwriters
• Present renewal proposal and make recommendations to client
• Review prospect information, support RFP responses and other sales activities
• Organize and communicate an effective marketing strategy – including domestic and international underwriters, along with various additional brokers (wholesale, London, Bermudan, etc.)
• Provide market update / guidance to client
• Facilitate communication and collaboration with producers and team members
• Initiate and manage entire renewal process in a timely manner
• Initiate involvement of Practice leader, team members and Lockton resources as needed
• Assist in development of other associates by identifying additional skills, training needs, etc.
• Strong presentation skills, including preparation, execution, and delivery of materials
• Coordinate/collaborate with Claims and Loss Control property professionals
• Analyze complex data, interpret, and communicate findings
• Listen to clients and colleagues, provide meaningful feedback, and collaborate to identify problems and solutions
• Share subject matter expertise in development of other associates
• Provide strategic planning and consulting advice to clients, prospects, and team members
• Lead all meetings with client and Producer with minimal direct involvement of Practice Lead
• Manage a book of business which consists of significant and/or complex accounts

Qualifications

• Minimum 8 year industry experience
• Viewed as collaborative, patient, and a team player across Series and Lockton as a whole
• Exceptional organizational and time management skills to prioritize heavy workloads to meet time sensitive deadlines
• Demonstrated professional, tactful negotiation and persuasion skills to achieve objectives
• Advanced working knowledge of commercial property/casualty coverage’s and services
• Substantial experience in marketing and servicing the insurance needs of commercial accounts
• Demonstrated ability to instill confidence and comfort with clients so client looks to you and to Lockton as more than just an insurance broker, but a partner in business
• Demonstrated ability to instill producer confidence and win/retain deals
• Wholly understands the concept, issues, and overall impact of market pricing
• Understanding of commercial rating concepts
• Ability to consult clients on other Lockton services and insurance needs
• Ability to make decisions in compliance with established Lockton standards of quality performance and service
• Understanding and executing superior service, fostering and maintaining partnerships and relationships in accordance with Lockton quality procedures and performance standards
• Demonstrated market and related relationships in the industry and wholesale community
• Professional/polished presence to interface with top management of other businesses, representing Lockton in the highest professional manner
• Demonstrated capacity to lead the service team and harness resources for the benefit of the client

Equal Opportunity Statement

Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 13,100+ Associates doing business in over 155 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.