Lockton

VP, Alternative Risk

Lockton$150K — $200K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in insurance, reinsurance, or alternative risk financing.
  • Experience in alternative risk transfer, structured risk advisory, captive solutions, or parametric insurance.
  • Proven capability designing complex risk financing structures for sophisticated clients.
  • Strong executive presence and ability to engage with senior stakeholders and market partners.
  • Analytical mindset with financial acumen to interpret models and translate them into effective client solutions.

Responsibilities

  • Design and structure innovative risk financing solutions, including captive programs and parametric products.
  • Act as a senior client advisor, providing strategic guidance on integrating alternative risk structures with traditional programs.
  • Translate complex concepts and analytics into commercially compelling client solutions.
  • Support end-to-end execution of risk financing programs, including market engagement and placement strategy.
  • Build and maintain relationships with carriers and partners to enhance market access and product innovation.
  • Identify emerging trends in risk financing and translate them into scalable offerings for clients.
  • Collaborate with various teams to deliver integrated client outcomes and share best practices.

Benefits

  • Opportunities for mentorship and team development.
  • Involvement in thought leadership and market initiatives.
  • Engagement with a market-leading platform in alternative risk solutions.
  • Access to innovative risk financing mechanisms.
  • Participation in a collaborative and entrepreneurial work environment.
Full Job Description
Job Summary:

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.

Key Responsibilities

Client Engagement & Solutions
• 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.

Market & Product Development
• 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.

Collaboration & Practice Contribution
• 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.

Requirements:

The ideal candidate will bring 10+ years of experience in insurance, reinsurance, or alternative risk financing, with 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

Additional qualifications and strengths may include:
• 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
• Parametric expertise, market relationships, or modeling familiarity viewed as a strong advantage

#LI-RS

About Lockton

Lockton Companies is the world's largest privately held insurance brokerage firm, providing insurance, risk management, employee benefits and retirement services. The company was founded in 1966 and is headquartered in Kansas City, Missouri. Lockton has more than 7,500 associates in over 100 offices worldwide. The company serves clients in a variety of industries, including construction, healthcare, hospitality, manufacturing, real estate, and technology. Lockton is known for its innovative solutions and exceptional customer service.
Learn more about Lockton
Size
7,500 employees
Industry
Founded
1966

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