Lockton is a global professional services firm with 6,500 Associates who advise clients on protecting their people, property and reputations. Lockton has grown to become the world’s largest privately held, independent insurance broker by helping clients achieve their business objectives. For nine consecutive years, Business Insurance magazine has recognized Lockton as a "Best Place to Work in Insurance." To see the latest insights from Lockton’s experts, check Lockton Market Update.
Lockton St. Louis is currently seeking high potential candidates for Account Administrator
positions for our Property & Casualty and Employee Benefits Departments for June, 2018.Those with a long-term interest in Commercial Business Insurance consulting are ideal candidates. Degrees in Risk Management & Insurance will be given priority consideration, as well as degrees in Finance, Economics, Mathematics or other related analytical Business fields. The Account Administrator will participate in Lockton’s 2018 Account Administrator
Development Program which provides an on-the-job learning experience, as well as enhancing the future growth potential for each individual. Goals/Objectives for the Account Administrator Development Program
Understand the complete Lockton brokering service cycle Gain knowledge around the various roles/responsibilities of the Lockton team Develop technical knowledge around the each coverage line Provide broad administrative support to client service team Utilize the Lockton tools to produce client deliverables Begin a long-term rewarding career with growth potential in business insurance Tasks/Responsibilities
Internal Renewal Strategy Meeting Organize Meetings and Invite Attendees Prepare Loss Summary Assist in coordinating deliverable to be discussed during meeting Renewal Strategy Meeting Prepare deliverable with desktop publishing resources Participate in discussions with incumbent underwriters Participate in Renewal Strategy Meeting with client service team Prepare renewal information request and send to client Assist in submission construction Market Negotiations Assist in all aspects of marketing client’s insurance program to vendors Participate in underwriter discussions with account team Assist in quote review Proposal/Binding Construct Proposal document Attend Proposal Meeting Send binding instructions Post Binding Assist in binder review Update certificate masters and send renewal certificates to the client Update Policy Schedule and Claims Manual Risk Management Casualty Gain an understanding of Risk Management Gather losses from carriers Create Loss Summaries Construct Loss Projection Construct Collateral Analysis Property Gain an understanding of the Property Practice Order Flood Zone Reports Construct Loss Modeling Shadow client calls Strategic Consulting Review Investor presentations Review Earning Presentations and report on short and long term company strategic objectives Coordinate Analytics Construct heat map after analyzing risk factors Ongoing Activities Review Policies Certificate Assistance Attend Unit Meetings Attend Marketing Meetings Shadow client calls/meetings Provide clerical and administrative support Utilize the various tools on the Lockton Intranet Requirements
Recent college graduates or professionals with 1-3 years’ business experience with minimum GPA of 3.0 Advanced Microsoft Excel skills Excellent communication and presentation skills Strong organization and time management capabilities Leadership experience Passion for customer service Excellent attitude and work ethic Professional demeanor and attire to work in a corporate environment Previous experience working in an office environment (strongly preferred) College-level sports and/or extracurricular involvement a plus Community service or involvement a plus #LI-NM1 Cover letter must be included with application and resume for consideration.
Lockton is known throughout the insurance industry as an entrepreneurial, progressive and successful insurance broker. As a result of continued individual and group accomplishments, Lockton has a record of steady and substantial growth. If you are interested in learning more about the commercial insurance business and have a passion for delivering unparalleled service, Lockton is interested in hearing from you. Only those with an interest in a long-term career with Lockton need apply. Lockton Companies, LLC is an equal opportunity employer. As a privately held company, we offer a competitive compensation and benefits package reflecting our commitment to attracting and retaining great individuals. For permanent Full-Time Associates, this includes health and dental coverage, which begins on your first day of work, 401(k) with match and immediate vesting, a competitive vacation plan and excellent career advancement opportunities. In addition, free garage parking, on-site cafe and complimentary fitness center facilities offered.