VP, Alternative Risk

Lockton • New York, NY

15h

About The Position

Lockton is the world’s largest privately held insurance brokerage, committed to delivering client-focused, innovative solutions. Our Alternative Risk Solutions Practice is a market-leading platform that provides clients with access to captive strategies, structured risk, parametric solutions, collateral facilities, and other innovative risk financing mechanisms. We are seeking an experienced and entrepreneurial Vice President to help drive growth across the Alternative Risk Solutions Practice. This role will serve as a senior advisor, solution developer, and relationship builder across Lockton, carrier, and client stakeholders. The Vice President will play a key role in designing, structuring, and advancing alternative risk solutions for complex clients across industries, while contributing to the continued scale, innovation, and market presence of the practice. The ideal candidate will bring broad alternative risk experience, with parametric or captive consulting expertise viewed as a strong advantage.

Requirements

• 10+ years of experience in insurance, reinsurance, or alternative risk financing
• Meaningful exposure to one or more of the following areas: Alternative risk transfer, Structured risk or risk financing advisory, Captive or reinsurance solutions, Parametric insurance or related products, Capital markets or adjacent specialty risk disciplines
• Experience designing and supporting complex risk financing structures for sophisticated clients
• Strong executive presence and the ability to engage senior client stakeholders, carriers, and market partners
• Analytical and financial acumen, with comfort interpreting models and translating them into client solutions
• Entrepreneurial mindset and the ability to contribute to growth, innovation, and scalable offerings

Nice To Haves

• Parametric or captive consulting expertise
• Parametric expertise, market relationships, or modeling familiarity

Responsibilities

• Design, structure, and support delivery of innovative risk financing solutions, including captive programs, structured risk arrangements, parametric products, collateral optimization facilities, and other alternative risk mechanisms.
• Act as a senior advisor to clients and Lockton producers, providing strategic guidance on alternative risk structures and their integration with traditional programs.
• Translate complex technical concepts, analytics, and market dynamics into clear, commercially compelling client solutions.
• Support end-to-end execution, including program structuring, market engagement, placement strategy, and implementation.
• Build and maintain strong relationships with carriers, reinsurers, MGAs, parametric providers, and capital partners to expand innovation and market access.
• Partner across Lockton business units to help design integrated alternative risk solutions for clients.
• Identify emerging risk financing trends and help translate them into relevant, scalable client offerings.
• Support thought leadership, internal education, and go-to-market initiatives that strengthen Lockton’s position in alternative risk solutions.
• Collaborate across Lockton broking teams, industry verticals, analytics functions, and Alternative Risk Solutions colleagues to deliver integrated client outcomes.
• Contribute to best practices in deal structuring, execution discipline, analytics, and knowledge sharing across the practice.
• Mentor and support junior team members while helping strengthen technical capability and team development.
• Represent the practice internally and externally with strong technical credibility, collaboration, and commercial orientation.

Benefits

• Entrepreneurial, privately held culture with no public shareholder pressures
• Opportunity to help shape and grow a market-leading Alternative Risk Solutions platform
• Access to a global platform with deep expertise across risk, insurance, and specialty capabilities
• Collaborative culture focused on clients first, with strong investment in innovation and talent

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed