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.
Business unit
Northeast Series
Schedule
Full-time
Job type
Standard
Workplace
Hybrid
Your Responsibilities
The Boston office for Lockton's Northeast Series is hiring Risk Analysts for our fast-growing team, starting in June 2025!
Overview:
The Risk Analyst is Lockton Northeast's entry level position and is designed for a recent college graduate or experienced professional with 1-2 years of relevant insurance experience. The Analyst is the primary service contact for an assigned book of business of Property & Casualty business and is responsible for developing a strong working relationship with clients, carriers, and Lockton team members. The Analyst will be part of our Career Foundations Program, which is designed to provide the technical and practical training needed to develop the 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, Senior Client Managers, and/or Account Executives.
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/protocols as it relates to the 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 department to issue and process invoices, Certificates of Insurance and Auto ID Cards
- Resolves accounting issues
- Performs other responsibilities as needed
Qualifications
- Bachelor's degree in a business-related program preferred or equivalent education and/or work experience required
- Ability to effectively and efficiently organize work and manage time in order to meet deadlines
- Exceptional verbal, written, and interpersonal communication 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, PowerPoint)
- Must be authorized to work in the United States and not require work authorization sponsorship by our company for this position, now or in the future
The most successful candidates will possess:
- 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
- Excel at multi-tasking, adapt to change, and work on tight deadlines to meet client needs
- Manage time effectively, prioritize and ensure that deadlines are met without compromising quality
- Exhibit intellectual curiosity and the entrepreneurial spirit, with a desire to learn the Property & Casualty insurance industry and grow with the company long-term
- The initiative to actively participate in the Career Foundations Program and to pursue technical excellence through professional designations, industry workshops, etc.
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