Insurance Business Development (Producer) Apprenticeship Lockton Companies LLP

The role of the apprentice is to work alongside our ‘producers’ (business developers) in prospect identification and winning, to support our overall aim in meeting the new business budget. This is an exciting opportunity to ultimately become a Lockton Producer with knowledge and experience across many areas of insurance.

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 16 Jun 2023

Apprenticeship summary

  • Annual wage

    £22,500.00

    Benefits package.

  • Working week

    Monday - Friday, 9.00am - 5.00pm

    Total hours per week: 35

  • Expected duration

    18 Months

  • Possible start date

    01 Sep 2023

  • Date posted

    15 Mar 2023

  • Apprenticeship level

    Higher
    Level 4 (Higher national Certificate)

  • Reference number

    VAC1000145006

  • Positions

    1 available

What will the apprentice be doing?

This is an exciting opportunity to start your career in the dynamic world of insurance with our ‘earn as you learn’ apprenticeship programme.

The Lockton ‘producer’ role is the winning and retaining of business (new business development and client retention). This is a very simple statement, but the success of the producer group is fundamental to the success of Lockton. The producers work across all the Lockton business areas. 

Lockton is a different type of business in our sector, as we focus only on those prospects where we have a cultural match and where we can demonstrably add value. This requires our producers to be knowledgeable and experienced across all areas of insurance, risk financing and industry sector.

What’s in it for you:

  • Knowledge development via a mix of skills workshops, self-guided study and on-the-job training
  • Hands-on experience, mentored by industry specialists
  • Skills-based, industry-recognised qualifications including the Level 4 Sales Executive framework and Certificate Level CII, earning financial incentives as you progress

Role responsibilities:

The role of the apprentice is to work alongside the producers in prospect identification and winning, to meet our new business budget. This will be carried out by:

  • Identifying appropriate corporate client prospects
  • Identifying how best to access those prospects and market Lockton differentiators to them
  • This is both for individual clients and across sectors
  • Execute marketing plans and where possible, engage in the winning of the business

The role of the apprentice in working with producers across their current existing client base:

  • Work alongside the producer and client team, to ensure client experiences and retention are sustained

The longer term outcome for the individual in this role will be a very broad knowledge of the business, the ability to listen to others’ needs and translate that into customer satisfaction and new business success.

What training will the apprentice take and what qualification will the apprentice get at the end?

  • Sales Executive Level 4 Apprenticeship Standard
  • Level 2 Functional Skills in English and maths (if required).

What is the expected career progression after this apprenticeship?

  • Continued professional development and expanded responsibility including more complex work as career progresses
  • Scope to continue study of professional qualifications at a more advanced level

Requirements and prospects

Desired skills and personal qualities

Communication skills, IT skills, Attention to detail, Organisation skills, Customer care skills, Administrative skills, Analytical skills, Logical, Team working, Initiative, Non judgemental, Patience

Qualifications

GCSE or equivalent 5 GCSE's including Maths and English or equivalent (Grade C/4 and above) Essential
A Level or equivalent 3 A Levels or equivalent (Grade Pass) Essential

About the employer

Lockton is a leading, global insurance broker with a focus on exceptional client service and expertise across insurance, employee benefits consulting and risk management. The entrepreneurial culture of the business is reflected in empowering associates to act quickly, learn fast and provide the right solutions for their clients. We attract the best professionals to come and work with us who are excited by our unique culture that values respect, ethical, moral and caring approach, in fact our people are our greatest asset.

Employer

Lockton Companies LLP

Address

4 5 Church Street

Birmingham

B3 2RT

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Training

Training provider

DAVIES LEARNING SOLUTIONS LIMITED

Contact

John Paton

johnpaton92@live.co.uk

Apprenticeship standard

Sales executive

Level 4 (Higher national Certificate)

Employer's Application Instructions

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 16 Jun 2023