June 2025 - Risk Analyst

Job Summary: The Boston office for Lockton's Northeast Series is hiring Risk Analysts for our fast-growing team, starting in June 2025! About Lockton Northeast: For the Northeast Series, you'll find our people in the metropolitan areas spanning Washington DC, Philadelphia, New York City, Hartford, Norwalk, Boston, and Portland ME. With our unmatched work ethic, and an ability to go above and beyond to make a difference for our clients, the Northeast continues to experience double-digit (organic!) growth. We offer a flexible & hybrid work environment that allows our Associates to split their time between in-person and remote. 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 Mangers 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 Requirements: 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. *Lockton is committed to advancing diversity, equity 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.

Created: 2024-11-05