As a New Reinsurance Associate, you will be exposed to multiple facets of the reinsurance industry, including client relations, technical service and project management. The onboarding experience is very "hands-on" and will give you a thorough induction to the business.

Successful candidates will demonstrate an eagerness to learn, a willingness to communicate and an adaptability to changing environments

RESPONSIBILITIES

• Assist Broker and Senior Broker(s) in the production, design, analysis and administration of reinsurance programs on behalf of client partners.

• Prepare submissions, obtain quotations, and represent our client partners in the reinsurance marketplace.

• Handle and maintain files, negotiate contract subjectivities and other open items (e.g. special acceptances.)

• Liaise with clients and reinsurance markets for day-to-day account inquiries.

• Liaise with the claims, accounting and contract departments to ensure consistent and best-in-class service standards.

• Collaborate with Market Security to advise clients on reinsurers' financial condition.

• Liaise with the Compliance department where necessary to ensure adherence to company guidelines.

• Be accountable to Senior Broker(s) to provide excellent and timely service to clients.

Qualifications

• Able and willing to learn new things – hardly anyone comes out of college knowing about reinsurance, so we’ll teach you if you are eager to learn

• Interested in building relationships - reinsurance is a relationship-driven industry and interacting with customers, reinsurers and colleagues in social settings is part of the job

• Numerically literate - you don’t have to be a math major, but you do need to be able to think and reason about numbers and do basic math

• Collaborative and team-oriented - insurance works because people work together; reinsurance broking is no different

• A good communicator, both verbally and in writing - telling a compelling story and conveying your ideas clearly is what reinsurance broking is all about

• Able to think creatively and demonstrate problem-solving skills - new challenges inevitably arise, especially in a new company. Doing the best we can for our customers requires resourcefulness, imagination, and determination

• Trusted with detailed tasks - details matter, so having a process for reviewing your work to find errors and noticing when something doesn’t look right help to build trust with colleagues, customers and reinsurance partners

• Adaptable to changing environments - as a start-up company that is growing fast, we are gaining new employees and customers daily, so things move quickly and are constantly changing

• Ability to work outside of normal business hours as needed

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.