About Lockton

At Lockton, we are more than just insurance brokers; we are the pioneers of innovation. Since our inception in 1966, we have grown to become the world’s largest privately-owned insurance brokerage and 10th largest overall. With more than 140 offices, 10,750+ associates, serving over 65,000 clients around the world.

Business Insurance has recognized Lockton as the "Best Place to Work in Insurance " for fifteen consecutive years.

Watch a video testimonial of our associate’s Lockton experience:

https://www.youtube.com/watch?v=Ri7mbwxx1qk&t;=3s

Please visit our career website to learn about our work culture: https://careers.lockton.com/asia/en

Visit our official website for details of our business: www.global.lockton.com

Job Purpose & Responsibilities:

We are seeking a Property Placement Specialist to manage placement of property insurance policies with insurance companies and support corporate clients with appropriate risk transfer solutions.

Competencies Required for the Role:

- Insurance Industry Knowledge:
- Possesses a robust understanding of insurance products, policies, underwriting, and industry practices.
- Stays informed about insurance market dynamics, regulations, and emerging trends.
- Negotiation Skills:
- Demonstrates effective negotiation skills to secure favorable terms and conditions for clients during policy placement.
- Balances the interests of clients and insurers to achieve mutually beneficial agreements.
- Analytical Thinking:
- Utilizes analytical skills to assess insurance products, evaluate risk profiles, and make informed decisions regarding policy placements.
- Can interpret complex data and information to draw meaningful insights.
- Client Relationship Management:
- Builds and maintains strong relationships with clients,



understanding their needs and delivering exceptional service.
- Listens to clients, provides appropriate advice, and addresses inquiries effectively.
- Interpersonal Skills: Strong interpersonal skills, including the ability to negotiate, communicate effectively, and collaborate with clients and insurance underwriters.

Requirements

- Bachelor’s degree in Commerce, Business, or related field.
- 2–5 years of experience in insurance broking or underwriting.
- Knowledge of property insurance products and placement process.
- Strong communication and negotiation skills.
- Proficiency in MS Excel and documentation handling.

Preferred

- Experience in corporate insurance broking.
- Insurance certifications such as III preferred.

Life at Lockton is about growth, flexibility and recognition, but life is about so much more than work!

At Lockton, we value and support our Associates alongside with their career journey with us. We offer medical insurance covering spouse and dependent(s), life insurance, critical illness insurance, annual medical checkup, vision care program, flexible benefits, birthday Leave, education allowance, and voluntary contributions for MPF Scheme.

We offer competitive salary and benefits package with great opportunity for career development to the successful candidate. Please send your detailed resume and expected salary to our Human Resources Department by e-mail [email protected]

All information provided by applicants will be treated in the strictest confidence, will be used solely for recruitment purposes and strictly in accordance with the Lockton's personal data policies, a copy of which will be provided upon request. Lockton will retain all applications no longer than 12 months of which will be destroyed thereafter.

📌 Vice President - Property Placement Specialist (Mumbai)
🏢 Lockton
📍 Mumbai