Risk Analyst

Position Overview
The Risk Analyst is an entry level position designed for a recent college graduate or 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. 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
Supports the Account Executives, Senior Client Managers and Client Managers in:

• 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)
• Works with TSA to issue and process Invoices, Certificates of Insurance and Auto ID Cards
• Resolves accounting issues

• 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)
• Legally able to work in the United States and will 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.

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.

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.

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