What are the responsibilities and job description for the Risk Analyst, Center City position at Lockton, Inc.?
Job Summary :
The Center City office for Lockton's Northeast Series is hiring Risk Analysts to join our fast-growing team.
Risk Analysts are the primary service contacts for an assigned book of Property & Casualty business and are responsible for developing strong working relationships with clients, carriers, and Lockton team members. They do so by managing the day-to-day client servicing and offering renewal support to Client Managers and / or Account Executives.
This is a foundational role designed for a recent college graduate or a professional with 1-2 years of relevant insurance experience. Our Analysts participate in an extensive onboarding and training course - our Career Foundations Program - intended to provide the technical and practical training needed to develop a long-term successful career in the industry.
Core Responsibilities :
Support Account Executives and Client Managers in :
- Responding to Client inquiries, maintaining documentation of communications, existing issues, and issue resolutions
- The implementation of new lines of coverage by setting up account, collecting documentation, and reviewing plan details with Client and Carrier
- Gathering and compiling exposure information from the Client, including compiling loss-run schedules and Client stratifications
- Requesting and securing quotes from insurers
- Audits, quotes, binders, and endorsements, making requests for changes as needed
- Updating specifications, application, and summary information to reflect changes during the year
Preparing / Drafting Client Engagement documents (Renewal Strategy, Stewardship, and Renewal Presentations)
Works with Technical Services Assistant to issue and process invoices, certificates of insurance, and auto ID card
Requirements :