Job Description
Working at Lockton 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. Business unit Dublin Schedule Full Time Permanent Job type Experienced Professional Workplace In Office Your Responsibilities Work with the CEO and the leadership teams in both the General Insurance and People Solutions businesses in Ireland to ensure that financial goals are exceeded, customer service is delivered, operational risk is managed and all Lockton principles are adhered to. The role will ensure compliance with all statutory and regulatory obligations across Lockton Insurance Broker’s Ireland’s (LIBI) existing operations. Working with the leadership team supporting the development and articulation of LIBI’s strategic plan and act as the principal reporting channel for LIBI in respect of these strategic goals, budgeting, financial performance, and operational matters. Providing a conduit between the division, wider Lockton COO community, existing London Shared Service functions, external advisors, and the business with a view to establishing consistency and best practices to support the division and business. Key Short-Term Tasks and Responsibilities Support the division and producers (revenue generators) with local client and prospecting activity, collaboration, and cross-selling opportunities across and outside of the LIBI. Build strong working relationships with the office principles and operations resource. Understand and take on responsibility for the LIBI’s operational processes. Support the development of the Operations Manager, working with them to embed the corporate operating principles and Lockton model office processes and controls. Medium Term and General Key Tasks and Responsibilities Oversee and manage the division’s finance and operations team. Works with the corporate Shared Services group to ensure that office goals and objectives are achieved and aligned with the best interests of corporate goals and objectives. Responsibility for the overall management of operational risk within the division LIBI which includes ensuring adequate resourcing, 1st line business controls, operational business continuity, managing errors and omissions and outsourcing oversight. Is responsible for ensuring business continuity, risk register, succession and other business critical plans are up to date. Ensure that the Lockton Companies Operating Principles are understood and implemented in the division. Responsibility for ensuring effective implementation of 1st line controls within the division to mitigate regulatory risk which includes financial crime, managing ARs/IARs, safeguarding information security, conflicts of interest and gifts & entertainment. Ensure that the applicable regulatory bodies principles for businesses and the commitments are understood by all Associates and that these are implemented through Lockton International’s procedures and compliance regime. Conduct supervisory meetings with office management teams to ensure clear and consistent reporting of operational issues in accordance with the compliance regime. Qualifications Continued roles and responsibilities - Responsibility for ensuring the budgeting process is conducted in an effective and timely manner for the division and that the results are effectively incorporated into the business plan, assisting IBA with managing aged debt profiles and premium collection. Responsible for monitoring financial performance and forecasting against budget, developing plans to take remedial action where appropriate. Responsible for understanding, accepting, and promoting the Lockton culture remaining consistent with the organisation’s philosophies and mission statement. Facilitate the sharing of best practice in financial and operational performance across the division. Responsible for the satisfactory resolution of disputes that may arise between Associates, business units, other offices or areas requiring an “arbiter”. Responsible, with the Business Unit leader and ExCom, for recruiting, hiring and the induction of new recruits. Across the division assess and develop the operating unit’s productivity, effectiveness and performance in turn holding managers accountable for their individual operating units through established performance objectives, training, education, coaching and mentoring. Candidate Profile - Ability to build and maintain good business relationships with clients, insurers, and Associates. Knowledge of the resources available within Lockton and how to source such services. Ability to identify developmental needs for Associates and to provide appropriate mentoring and coaching. Effective delegation as appropriate. Ability to communicate effectively and professionally both verbally and in writing with clients, insurers, and other associates. Ability to manage time, prioritise and ensure that deadlines are met without compromising quality. Proven leadership and strong interpersonal and communication skills to interact with Associates at all levels. Ability to compile, analyse and interpret financial information and data to facilitate decision making. Proven problem-solving skills, including the ability to resolve unusual and complex issues and then devise actionable solutions. A thorough knowledge of Irish regulation and guidelines relating to the divisions client base (Commercial, Consumer and Individuals). A thorough understanding of and adherence to Lockton standards and procedures. Ability to develop and implement internal controls and procedures to ensure the performance of Associates necessary for excellence in client delivery and satisfaction. Ability to interview effectively and hire prospective Associates. Professional and tactful negotiation and persuasion skills to achieve objectives. 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 10,000+ Associates doing business in over 100 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. #J-18808-Ljbffr