Lockton Midwest is currently seeking a high-potential candidate for a comprehensive 10-week summer Intern program, which aims to provide the opportunity for students going into their senior year of college the chance to learn about Employee Benefits consulting. An extensive and structured training program will expose Interns to topics such as explanation of standard and non-standard benefits, regulatory issues, financial reporting, and different departments within Lockton. Interns will assist Lockton Associates on key initiatives including carrier/client correspondence, account servicing projects and client service plans. Each Intern is assigned a Mentor that will help manage the day-to-day workload. Interns are also supported by the Program Directors who serve in an advisory capacity to help set weekly goals, make sure training needs are being met, and provide feedback throughout the program.

ESSENTIAL DUTIES:

• Provide and coordinate administrative support to teams, including but not limited to returning phone calls, coordinating presentations, and carrier/client correspondence
• Assist with financial reporting for annual renewals, mid-year reviews and monthly claim reports
• Assist with creating exhibits which benchmark a client's benefit against normative data
• Request benefit contract renewals from carriers for all lines of coverage
• Assist with all renewal analysis projects, as assigned by the Mentor, including development of Request for Proposal (RFP) from various markets, carrier follow-up, and production of market analysis report
• Assist in producing employee communications (newsletters, bulletins, presentations, etc.)
• Develop ownership by becoming familiar with contracts, communications materials, and administrative materials, company cost sharing strategy and benefit schedules
• Maintain client documents such as SPDs/certificates, internal reporting, and renewal and implementation paperwork
• Protect the confidentiality of information learned by performing the duties of the position

OTHER RESPONSIBILITIES:

• Participate in Lockton's extensive benefit training program
• Attend internal meetings/education programs
• Present to a client at a minimum of one meeting
• Status as a currently enrolled student
• Student must have completed Junior Year Studies (Internship to be completed the summer prior to entering Senior Fall Semester) and are planning on graduating in the spring of 2023 or fall of 2022
• Grade Point Average of 3.0 or higher in field of study
• Major in insurance, finance, statistics, economics, business, health policy or liberal arts
• Excellent computer skills, including word processing and spreadsheet expertise. Familiarity with PowerPoint and Excel preferred
• Ability to complete simple mathematical calculations (addition, subtraction, multiplication, and division)
• Strong customer service skills
• Multi-task oriented
• Excellent organizational and communication skills
• Ability to prioritize effectively
• Legal right to work in the United States

**Housing is not provided by Lockton; Securing housing is the responsibility of the Intern.

Lockton is the world's largest privately owned, independent insurance broker and consultant. As a global professional services firm, we specialize in risk management, employee benefits and retirement services. During the past 50- plus years, Lockton has built its reputation and culture by providing excellent service to our three key stakeholders: clients, Associates and communities.