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Lockton Companies

Risk Analyst

Lockton Companies, Washington, District of Columbia, us, 20022

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Washington DC, District of Columbia, United States of America

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture,

you belong here.

About Lockton Northeast For the Northeast Series, you’ll find our people in the metropolitan areas spanning Washington DC, Philadelphia, New York City, Hartford, Norwalk, Boston, and Portland ME. With our unmatched work ethic, and an ability to go above and beyond to make a difference for our clients, the Northeast continues to experience double-digit (organic!) growth. We offer a flexible & hybrid work environment that allows our Associates to split their time between in person and remote. Position Overview The Risk Analyst is Lockton’ Northeast’s entry level position and is designed for a recent college graduate or experienced professional with 1 to 2 years of relevant insurance experience. The Analyst is the primary service contact for an assigned book of Property and Casualty business and is responsible for developing a strong working relationship with clients, carriers, and Lockton team members. This role will be part of our Career Foundations Program, which is designed to provide the technical and practical training needed to develop the Risk Analyst as they look forward to a successful and long-term career in the Lockton Northeast Series. The Analyst is responsible for day-to-day Client service and renewal support to Client Managers, Sr. Client Managers, and/or Account Executives. A high performing and successful Analyst will provide great customer service and support to the broader client team. Core Responsibilities

Responding to Client’s inquiries, maintaining documentation of communications, existing issues, and issue resolutions

The implementation of new lines of coverage by setting up account, collecting needed documentation, and reviewing plan details with Client and Carrier

Providing Client service aligned with Lockton Northeast processes and protocols and our overall Client Engagement strategy

Gathering and compiling exposure information from the Client, including compiling loss run schedules and client stratifications

Requesting and securing quotes from carriers

Audits, quotes, binders, and endorsements and makes requests for changes as needed

Following up for insurance policies then updates and completes policy check to ensure completeness

Updating specifications, application, and summary information to reflect changes during the year

Informing Client of any and all changes that may affect insurance premiums or coverage

Creating and sending compliance communications as needed

Preparing / drafting Client Engagement documents (Renewal Strategy, Stewardship and Renewal Presentations)

Qualifications

Bachelor's degree in a business-related program preferred or equivalent education and/or experience required

Ability to efficiently organize work and manage time in order to meet deadlines

Exceptional verbal, written, and interpersonal skills

Ability to comply with all company policies and procedures, proactively protecting confidentiality of client and company information

Willingness and ability to work outside of normal business hours and travel as needed

Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)

Must be legally able to work in the United States and not require sponsorship for this position, now or in the future A successful candidate will have:

An eagerness and enthusiasm to learn and be a part of their respective Unit or Practice

Strong interpersonal skills and ability to communicate effectively and professionally, both verbally and in writing

An ability to excel at multi-tasking, adapting to change and working on tight deadlines to meet our clients’ needs

An ability to manage time, prioritize and ensure that deadlines are met without compromising quality

The entrepreneurial spirit, with a desire to learn the Property and Casualty insurance industry and grow within the company

The initiative to actively participate in the Career Foundations Program and to pursue technical excellence through professional designations, industry workshops etc. Benefits Lockton is committed to advancing diversity and inclusion. We have a dynamic entrepreneurial culture in which our people are empowered to make a difference to better serve client needs. We are committed to giving back to our communities and we are invested in your success. We offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing organization.

Equal Opportunity Statement Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 13,100+ Associates doing business in over 155 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.

Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.

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