Risk Management Professional
7 days ago
Job Summary:
Lockton is seeking a skilled Risk Management Professional who can provide personalized support to our Casualty Risk Management book of business. The ideal candidate will have a deep understanding of casualty insurance coverage and be able to deliver exceptional service.
Key responsibilities include:
• Collaborating with Account Executives and/or Producers to manage an assigned book of business, focusing on Casualty Insurance Lines of coverage.
• Coordinating and executing administrative and service functions for assigned accounts.
• Implementing new lines of coverage by setting up accounts, collecting needed documentation, and reviewing plan details with clients and carriers.
• Gathering and compiling exposure information, including loss-runs and stratification.
• Preparing submission documentation and sending to markets, if prompted by Account Executives.
• Requesting and collecting new and renewal quotes from carriers.
• Auditing policies, quotes, binders, and endorsements to ensure accuracy and completeness.
• Updating specifications, applications, and summary information to reflect changes throughout the policy lifecycle.
• Binding coverage under the direction of the Unit Manager and/or Account Executive.
• Creating marketing and informational materials for client presentations and meetings.
• Sending compliance communications, as needed.
• Assisting with client invoicing and bill discrepancies.
• Staying up-to-date on industry trends and governmental regulations that may impact clients and Lockton.
• Managing Certificate of Insurance and ID card processes.
• Supporting teams with Image Right filing, managing open items lists, and contract reviews.
Requirements:
• Bachelor's Degree in Insurance and Risk Management, Business, or related field preferred.
• Minimum of two years of related commercial, underwriting, or risk management experience.
• Prior brokerage, insurance industry, and/or client services experience strongly preferred.
• General understanding of casualty insurance coverage.
• Working knowledge of Microsoft Office Products (Excel, Word, and PowerPoint).
• Professional written and verbal communication skills with the ability to effectively communicate with all levels of associates and clients.
• Strong organizational and time-management skills with the ability to work within high-pressure time constraints.
• Effective critical thinking skills with the ability to resolve complex client service issues.
• Technical aptitude with the ability to learn systems and processes quickly.
• Willingness to travel and work outside of normal business hours, as needed.
• Legally able to work in the United States.
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