Senior Account Manager
Chicago, Illinois, United States of America
Client Services
250039
Working at Lockton
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
Midwest Series
Salary
$75,000-$145,000
Schedule
Full-time
Job type
Standard
Workplace
Hybrid
Your Responsibilities
The Senior Account Manager (SAM) is a key member within a Risk Solutions team accountable for the day-to-day servicing and marketing needs of Lockton clients in accordance with Lockton procedures. The Senior Account Manager will support the unit to facilitate the renewal process, business retention, and growth while delivering risk management solutions that positively impact our clients’ business.
EXPECTED CONTRIBUTIONS
- Convey standards of excellence in line with Lockton’s operating procedures by adhering to standardized policies, processes, and systems
- Be an integral part of day-to-day client servicing encompassing strong client, carrier, and internal team communication
- Review and analyze quotes to assure coverage is in accordance with submission/exposure, participate in renewal negotiations with carriers, and actively participate in client proposal presentation
- Execute all changes requested on the program during the policy term, monitor receipt of the policy and endorsements, and validate accuracy
- Review and negotiate insurance programs with Account Executive oversight and guidance on various lines of coverage
- Participate in various initiatives that support achievement of growth goals within the team
- Handle special projects as assigned
STRENGTHS OF A SUCCESSFUL ACCOUNT MANAGER
- Actively participate in personal development and the pursuit of technical excellence through our coverage training program, professional designations, industry workshops, etc.
- 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 meet our clients’ needs in accordance with our service standards
- Effectively manage time, prioritize, and ensure that deadlines are met without compromising quality
Compensation and Benefits
Lockton Companies LLC is committed to offering competitive pay and benefits and complies with all relevant state/local pay transparency laws. The entry base salary offered for this opportunity may vary, and is contingent upon candidate education, skills, abilities, essential competencies, experience, professional designations, unique qualifications, and geographic location.
Performance Bonus: This role may be eligible for an annual performance bonus, based upon the financial performance of the organization and the individual contributions of the Associate.
Check out Lockton Benefits Offerings Here
Qualifications
- Minimum 5 years of Commercial Insurance Brokering experience
- Ability to represent the practice and Lockton with integrity and professionalism at all times
- Excellent interpersonal, written, and verbal communication skills to interact effectively with Associates, Producers, and clients at all levels of responsibility
- Lifelong learner excited by a challenge and looking for consistent personal and professional growth
- Strong customer service and project management skills
- Exceptional attention to detail, organizational, time management skills.
- Ability to work both independently and in a team environment
- Willingness to expand knowledge and effectiveness in insurance industry through extended insurance education
Equal Opportunity Statement
Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.
At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.
About Lockton
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 10,000+ Associates doing business in over 100 countries are empowered to do what’s right every day.
At Lockton, we believe in the power of all people. You belong at Lockton.
How We Will Support You
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.
No Agencies Please
Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.
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