June 2027 - Associate Account Manager Training Program (Minneapolis)

Lockton•Minneapolis, MN

About The Position

The Associate Account Manager Program is a two-year training program designed for recent college graduates. It combines formal training, classroom learning, activity requirements, and hands-on client experience, with exposure to marketing, servicing, and renewal of Commercial Insurance accounts in the People Solutions or Risk Management practice. Successful completion of the program provides the opportunity to become an Account Manager. The program is described as beginning in January and June 2026, while the job posting title references June 2027. Lockton is a global professional services firm with more than 8,000 Associates and is described as the world’s largest privately held, independent insurance broker. The role offers a base salary of $60,000 USD and eligibility for an annual performance bonus based on organizational financial performance and the Associate’s contributions.

Requirements

Bachelor's degree with a minimum 3.3 GPA.
Strong knowledge of Microsoft Office Suite, including Outlook and Excel.
Strong verbal and interpersonal communication skills.
Ability to attend company, department, and team meetings as required, including industry training sessions.
Ability to comply with company policies and procedures and proactively protect confidential client and company information.
Ability to organize work efficiently and manage time to meet deadlines.
Ability to work outside normal business hours as needed.
Legally able to work in the United States.

Responsibilities

Participate in negotiations with carriers for new and renewal quotes, with oversight.
Collaborate with senior staff in selecting new markets for submission and requesting quotes.
Help review new business opportunity information and provide related recommendations to the Unit Manager, Account Executive, or Producer.
Establish and maintain relationships and interfaces with clients, carriers, and other vendors.
Review quotes, binders, and endorsements and request changes as needed.
Receive policies and update and complete policy checks to ensure completeness.
Update specifications, applications, and summary information to reflect changes during the year.
Inform clients of changes that may affect insurance premiums or coverage.
Input client information into the data management system, ensuring accuracy and completeness.
Generate materials for client presentations and meetings.
Create and send compliance communications as needed.
Perform other responsibilities and duties as needed.

Benefits

Paid training and professional development.
12-week paid parental leave.
Wellness incentive program for health premium savings.
Health plans, including United Healthcare Consumer-driven health plan or Surest variable copay plan.
Dental plans, including MetLife PPO and Copay options.
Vision plan through VSP Choice Plan.
Health Savings Account.
Flexible Spending Accounts for dependent care, limited purpose, healthcare, and transportation.
Group term life insurance, AD&D, and voluntary life insurance options.
Disability benefits, including salary continuation and long-term disability for qualifying events.
Legal services.
Critical illness care.
Hospital indemnity.
Pet insurance.
Gym membership discount programs.
401(k) plan with a 100% match up to 6%, with immediate vesting.
Student loan 401(k) match option.
Associate assistance mental health program.
Merchant discounts.
Paid time off, including vacation, holidays, personal days, volunteer days, and sick time.
Associate referral bonus and new business finder’s fee.
Company-sponsored charitable and community events.
Annual performance bonus based on organizational financial performance and individual contributions.
Frequent athletic and wellness events.