Company:
Lockton, Inc.
Location: St Louis
Closing Date: 29/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Job Summary:
The TAP Transaction Advisor is responsible for carrying out the property & casualty insurance due diligence process for our private equity and corporate clients, communicating transactional deal issues as they arise, and delivering the final written findings to the client.
Role Responsibilitie
#LI-Hybrid
The TAP Transaction Advisor is responsible for carrying out the property & casualty insurance due diligence process for our private equity and corporate clients, communicating transactional deal issues as they arise, and delivering the final written findings to the client.
Role Responsibilitie
- Responsible for carrying out the property & casualty insurance due diligence process for our private equity and corporate clients, including:
- Requesting, gathering and organizing applicable documentation;
- Reviewing and analyzing applicable documentation with an eye for identifying and quantifying deal impactful issues relevant to a financial buyer;
- Soliciting subject matter expertise, where necessary, from internal Lockton resources;
- Coordinating with other third-party due diligence work streams, including transaction liability, legal, quality of earnings analysis and business strategy as the primary Lockton deal contact person; and
- Drafting a written analysis of the property & casualty insurance plans in place and how they will be impacted by the contemplated transaction. Findings to include a financial analysis, coverage analysis and identification of program deficiencies and transition issues.
- Responsible for delivering and communicating transactional deal issues as they arise, and our final written findings to the client – the private equity buyer or operating company C-suite executives.
- Responsible for liaising with Lockton service teams and the client on the transition of new business to Lockton.
- Coordinates with team lead to make alterations to processes and procedures to enhance quality and efficiency.
- Performs other responsibilities and duties as needed.
- Time Management and Organization: Uses a range of skills, tools, and techniques to manage time when accomplishing specific tasks, projects and goals; this includes planning, allocating, setting goals, delegation, analysis of time spent, monitoring, organizing, scheduling, and prioritizing
- Professionalism: Conducts oneself in a polite and respectful manner and demonstrates good judgment when dealing with prospects, internal and external clients
- Client Focus: Practices Lockton’s motto, “We Live Service,” while serving Clients’ needs, nurturing effective Client relationships, and contributing to the overall success and satisfaction of Lockton
- Reliability: Completes tasks and job functions on time, while meeting or exceeding expectations; carries a trusted reputation for dependability, honesty, consistency, and commitment.
- Communication: Expresses ideas clearly, listens effectively, shares information appropriately, demonstrates interpersonal skills, and resolves conflict as needed
- Industry Knowledge: Stays current on issues impacting the industry by maintaining expertise in functional area
- Minimum of a Bachelor's Degree in a business-related field or equivalent experience and/or work experience.
- Experience in the insurance industry with a broad understanding of the various property & casualty insurance coverages, programs and services.
- Understanding of risk financing and risk management concepts and application.
- Experience and knowledge with mergers and acquisition processes and the private equity deal environment.
- Excellent project management and organizational skills. Proven ability in managing multiple projects to successful completion.
- Strong verbal and written communication skills, and the ability to translate insurance, financial and legal concepts to disparate audiences.
- Solid understanding of financial statements and relation to insurance concepts.
- Advanced working knowledge of Microsoft products (Word, Excel, Outlook, PowerPoint) or similar software applications.
- Excellent customer service skills, with the ability to develop sound relationships with multiple clients.
- Understands industry trends and governmental regulations
- Ability to complete continuing education requirements as needed
- Ability to attend company, department, and team meetings as required, including industry training sessions
- Ability to comply with all company policies and procedures, proactively protecting confidentiality of client and company information
- Ability to travel by automobile and aircraft
- Ability to use office equipment such as a computer, keyboard, calculator, photocopier, and facsimile machine
- Ability to work on a computer for a prolonged amount of time
- Ability to work outside of normal business hours as needed
- Legally able to work in the United States
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Lockton, Inc.