Account Executive, Commercial Insurance – Private Equity

Lockton•Atlanta, GA

About The Position

The Account Executive is the leader of a multi-level risk management team responsible for translating risk and loss profiles into solutions that include program design and pre- and post-loss risk strategies. They build long-term, trusted advisor relationships with clients, producers, and associates to support business growth. The Account Executive drives accountability for the execution of account strategies by delegating and empowering account managers and account analysts supporting the client team. The Account Executive always adheres to Lockton's cultural values and treats fellow associates, clients, and vendors with dignity and respect.

Requirements

Bachelor’s Degree in Business Administration or related field and/or years of experience equivalent
Typically more than 7 years of Client services experience is required
Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)
Strong verbal and interpersonal communication skills required
Demonstrates strong working knowledge and experience within brokerage industry
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 efficiently organize work and manage time in order to meet deadlines
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
AI Proficiency Required: Intermediate: candidates should be able to:
Effectively use generative AI tools for research, analysis, communication, and workflow optimization.
Validate AI-generated outputs for accuracy and appropriateness.
Apply sound judgment regarding data privacy, security, and regulatory requirements.
Identify opportunities to improve team effectiveness through responsible use of AI.

Responsibilities

Maintains and enhances Lockton’s relationships with existing Clients by executing proactive, creative, and on-going contact initiatives.
Proactively understands the requirements and needs of a Client account.
Provide strategic planning and consulting advice to clients including the production of Requests for Proposal, coordination of vendor responses, analysis and comparison of RFP responses, and preparation of a client report with recommendations.
Consults with Clients to review investment options, vendor services, fees, strategies and goals.
Consults regularly with Clients to review large claims, abnormal utilization results, and monthly claims experience.
Reviews and issues profitability assists on all “fee-at-risk” proposals.
Assists in the establishment and attainment of revenue goals for existing and new business.
Provides input in the development and implementation of policies and procedures, as well as operating and strategic plans within area of specialty.
Develops and maintains dependable working relationships with carriers, broker servicing networks, and other providers.
Oversees issue-resolution between Client and the Vendor.
Coordinates market selection for new and renewal business on designated accounts.
Initiates and duplicates new business report activities.
Generates new business opportunities through cross-selling.
Negotiates program terms and costs.
May help coordinate the day-to-day administrative activities among those servicing the Client’s account including the coordination of all support services such as claims and loss control.
Provides information, concepts, techniques, and programs to department Associates to improve and enhance working knowledge.
Mentors and trains junior-level staff.
Researches and understands industry trends, product development, and government regulations.
Performs other responsibilities and duties as needed.