Lockton Academy is designed to give college graduates a pathway to becoming successful benefits consultants. The twelve-month program provides a broad range of learning experiences with exposure to all departments within Lockton Companies. Each Associate in the program will gain an understanding of how all Lockton departments work together to provide employee benefits consulting and brokerage services for clients. Through a mix of mentoring and “hands-on” work each individual will have the opportunity to become an Analyst upon successful completion of the Academy.

Responsibilities:

• Assists in the servicing of a designated book of business as relating to marketing, claims, and administration
• Researches issues’ root cause, implements, and resolves policy related issues
• Recommends and implements potential enhancements or improvements to processes, products, and/or policies with oversight from senior team members
• Assists in the preparation of financial models and reports for Client and senior staff, provides interpretation and implication of analysis, as well as recommendations
• Conducts, creates, and interprets benefit benchmarking studies, design plan comparison reports, and Client marketing materials
• Interprets Clients’ current coverage plan and identifies and recommends opportunities to expand lines of coverage
• Participates in negotiations with carriers for new and renewal quotes
• Assists in interpreting and evaluating plan offerings to ensure adequate coverage for Client’s identified risk tolerance
• Establishes and maintains relationships and interfaces with Clients, carriers, and other vendors
• Identifies gaps in coverage or cross-sell opportunities and provides related recommendations to senior team members.
• Researches and industry trends and Carrier product offerings, emerging trends
• Supports team in tracking project progress and timelines, maintaining client files, populating and maintaining open item trackers.
• Provides management for client information, interfaces with others where appropriate.
• Understands governmental compliance/regulations to educate Clients
• Performs other responsibilities and duties as needed

Qualifications:

• Bachelor’s Degree in Business Administration or related field and/or years of experience equivalent
• Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)
• Strong verbal and interpersonal communication skills required
• Ability to complete continuing education requirements as needed
• Ability to attend company, department, and team meetings as required, including industry training sessions
• Ability to comply with all company policies and procedures, proactively protecting confidentiality of Client and company information
• Ability to efficiently organize work and manage time to meet deadlines
• Ability to travel by automobile and aircraft
• Ability to use office equipment such as a computer, keyboard, calculator, and photocopier.
• Ability to work on a computer for a prolonged amount of time
• Ability to work outside of normal business hours as needed
• Legally able to work in the United States

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.