The TAP Transaction Advisor is responsible for carrying out the property & casualty insurance due diligence process for our private equity and corporate clients, communicating transactional deal issues as they arise, and delivering the final written findings to the client.

Role Responsibilities

• Responsible for carrying out the property & casualty insurance due diligence process for our private equity and corporate clients, including:

- Requesting, gathering and organizing applicable documentation;

- Reviewing and analyzing applicable documentation with an eye for identifying and quantifying deal impactful issues relevant to a financial buyer;

- Soliciting subject matter expertise, where necessary, from internal Lockton resources;

- Coordinating with other third-party due diligence work streams, including transaction liability, legal, quality of earnings analysis and business strategy as the primary Lockton deal contact person; and

- Drafting a written analysis of the property & casualty insurance plans in place and how they will be impacted by the contemplated transaction. Findings to include a financial analysis, coverage analysis and identification of program deficiencies and transition issues.

• Responsible for delivering and communicating transactional deal issues as they arise, and our final written findings to the client – the private equity buyer or operating company C-suite executives.
• Responsible for liaising with Lockton service teams and the client on the transition of new business to Lockton.
• Coordinates with team lead to make alterations to processes and procedures to enhance quality and efficiency.
• Performs other responsibilities and duties as needed.

Competencies

• Time Management and Organization: Uses a range of skills, tools, and techniques to manage time when accomplishing specific tasks, projects and goals; this includes planning, allocating, setting goals, delegation, analysis of time spent, monitoring, organizing, scheduling, and prioritizing
• Professionalism: Conducts oneself in a polite and respectful manner and demonstrates good judgment when dealing with prospects, internal and external clients
• Client Focus: Practices Lockton’s motto, “We Live Service,” while serving Clients’ needs, nurturing effective Client relationships, and contributing to the overall success and satisfaction of Lockton
• Reliability: Completes tasks and job functions on time, while meeting or exceeding expectations; carries a trusted reputation for dependability, honesty, consistency, and commitment.
• Communication: Expresses ideas clearly, listens effectively, shares information appropriately, demonstrates interpersonal skills, and resolves conflict as needed
• Industry Knowledge: Stays current on issues impacting the industry by maintaining expertise in functional area

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

• Minimum of a Bachelor’s Degree in a business-related field or equivalent experience and/or work experience.
• Experience in the insurance industry with a broad understanding of the various property & casualty insurance coverages, programs and services.
• Understanding of risk financing and risk management concepts and application.
• Experience and knowledge with mergers and acquisition processes and the private equity deal environment.
• Excellent project management and organizational skills. Proven ability in managing multiple projects to successful completion.
• Strong verbal and written communication skills, and the ability to translate insurance, financial and legal concepts to disparate audiences.
• Solid understanding of financial statements and relation to insurance concepts.
• Advanced working knowledge of Microsoft products (Word, Excel, Outlook, PowerPoint) or similar software applications.
• Excellent customer service skills, with the ability to develop sound relationships with multiple clients.
• Understands industry trends and governmental regulations
• Ability to complete continuing education requirements as needed
• Ability to attend company, department, and team meetings as required, including industry training sessions
• Ability to comply with all company policies and procedures, proactively protecting confidentiality of client and company information
• Ability to travel by automobile and aircraft
• Ability to use office equipment such as a computer, keyboard, calculator, photocopier, and facsimile machine
• Ability to work on a computer for a prolonged amount of time
• Ability to work outside of normal business hours as needed
• Legally able to work in the United States

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