Director Of Operations- Commercial Construction

Lockton • Atlanta, GA

1d

About The Position

The Director of Operations is a new leader position that assists the Practice Leader with leading the Team as well as operate as a first chair Account Executive. They are the leader of multi-level risk management team responsible for translating risk and loss profiles into solutions which include program design and pre and post loss risk strategies. They build long term trusted advisor relationships with clients, producers, and associates supporting business growth. The Account Executive drives accountability for execution of account strategies, by delegating and empowering account managers and account analysts supporting client team. The Account Executive always adheres to Lockton cultural values, and treats fellow associates, clients, and vendors with dignity and respect.

Strategic advisor for client. Responsible for overall client satisfaction, client relationship and client retention. Engages and resolves highly escalated client service matters and strategic initiatives
Drives strategy planning process with client. Evaluate exposure changes, business changes, client goals and financial health of client to make recommendations for pre-renewal and stewardship planning. It has a sound understanding of market innovation and disruptors and the impact it could have on a client.
Communications with client and markets related to matters of strategic significance. Leads complex negotiations with carrier markets.
Monitors account expenses and ensure that billing and invoicing is up to date. Is also responsible for the overall profitability of the account and working with the producer on a mutually agreeable client engagement.
In collaboration with client, defines strategic goals and is accountable for the execution of a successful marketing. Reviews final quotes and recommendations, conducts final negotiations with carriers (if necessary), presents recommendation to the clients, and documents client acceptance of renewal strategy. Resolves escalated renewal issues.
Support new carrier relationships and act as an escalation point for issues during renewal implementation
Direct client onboarding activities following standard process and checklists including BOR, Fee agreements, documenting client expectations, and systems and file documentation
Establish key reporting metrics for each client and coordinate with client service team to deliver reporting. Provide a summary overview to client with key highlights to reporting.

Requirements

• 8-10 years’ experience in client services for property and casualty including servicing and placement.
• Bachelor's degree in a business-related program or equivalent education and/or experience in the insurance industry.
• Current Property and Casualty insurance license or the ability to obtain immediately.
• Advanced knowledge Intermediate understanding of P&C coverage lines.
• Advanced knowledge of risk financing strategies and products available to clients (e.g., guarantee cost, loss sensitive, collateral). Ability to address financial and collateral considerations with the markets on behalf of the client.
• Excellent relationships with insurance/carrier markets in assigned areas, or ability to develop the same immediately.
• Intermediate/advanced negotiation skills related to marketing and placement of insurance products. Understands how to position risks to underwriters to support the best possible outcomes.
• A strong working knowledge of the changing vendor landscape including new entrants into the marketplace and cutting-edge products and solutions.
• Expert knowledge of federal and state legislation and legal issues related to the insurance industry.
• Ability to compile, analyze, and interpret complex financial information and data to facilitate decision making and translate to client to best meet strategic objectives.
• Full proficiency in the use of Microsoft Word, Excel, and PowerPoint.
• Executive presence and presentation skills, ability to influence at executive levels.

Responsibilities

• Responsible for overall client satisfaction, client relationship and client retention.
• Engages and resolves highly escalated client service matters and strategic initiatives.
• Drives strategy planning process with client.
• Evaluate exposure changes, business changes, client goals and financial health of client to make recommendations for pre-renewal and stewardship planning.
• Communications with client and markets related to matters of strategic significance.
• Leads complex negotiations with carrier markets.
• Monitors account expenses and ensure that billing and invoicing is up to date.
• Responsible for the overall profitability of the account and working with the producer on a mutually agreeable client engagement.
• Defines strategic goals and is accountable for the execution of a successful marketing.
• Reviews final quotes and recommendations, conducts final negotiations with carriers (if necessary), presents recommendation to the clients, and documents client acceptance of renewal strategy.
• Resolves escalated renewal issues.
• Support new carrier relationships and act as an escalation point for issues during renewal implementation.
• Direct client onboarding activities following standard process and checklists including BOR, Fee agreements, documenting client expectations, and systems and file documentation.
• Establish key reporting metrics for each client and coordinate with client service team to deliver reporting.
• Provide a summary overview to client with key highlights to reporting.

What This Job Offers

• Job Type: Full-time
• Career Level: Director