Reinsurance Broker Intern (Minneapolis)

LocktonMinneapolis, MN
Onsite

About The Position

Lockton Re will offer Broker internships during this upcoming summer. The interns will be exposed to multiple facets of the reinsurance industry, including client relations, technical service and project management. The rotational program is very "hands-on" and will give candidates a thorough induction to our business and our culture. We are seeking individuals who will demonstrate an eagerness to learn, a willingness to communicate and an adaptability to changing environments. Lockton Re looks for students entering their junior or senior year who are interested in building a career in a fast-paced industry.

Requirements

  • Able and willing to learn new things
  • Interested in building relationships
  • Numerically literate - you don’t have to be a math major, but you do need to be able to think and reason about numbers and do basic math
  • Collaborative and team-oriented
  • A good communicator, both verbally and in writing
  • Able to think creatively and demonstrate problem-solving skills
  • Trusted with detailed tasks
  • Adaptable to changing environments
  • Students entering their junior or senior year

Responsibilities

  • Participate in rotational program to learn the various reinsurance “basics”.
  • Immerse yourselves in our Lockton Re culture.
  • Assist Brokers and Senior Broker in the production, design, analysis and administration of reinsurance programs on behalf of client partners.
  • Assist in preparing pre-renewal documents, underwriting submissions and organizing/tracking quotations.
  • Assist in handling and maintaining files.
  • Assist in liaising with the claims, accounting and contract departments to ensure consistent and best-in-class service standards.
  • Assist in liaising with the Compliance department where necessary to ensure adherence to company guidelines.
  • Develop and present long-term project to the Broking team based on knowledge gained throughout the program.
  • Be accountable to Brokers and Senior Broker(s) to provide excellent and timely service to clients.
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