Reinsurance Broker Intern (Philadelphia Summer 2027)

Lockton • Philadelphia, PA

2d

About The Position

Lockton Re is offering a summer internship for students entering their junior or senior year who are interested in building a career in the fast-paced reinsurance industry. Interns participate in a hands-on rotational program that introduces them to multiple facets of reinsurance, including client relations, technical service, and project management, while providing an induction to Lockton Re’s business and culture. Interns assist Brokers and Senior Brokers with the production, design, analysis, and administration of reinsurance programs for client partners. They also develop and present a long-term project to the Broking team based on what they learn during the program. The role requires eagerness to learn, strong communication and relationship-building skills, adaptability, and the ability to work outside normal business hours as needed.

Requirements

• Be entering junior or senior year as a student.
• Be eager and willing to learn new things.
• Be interested in building relationships and interacting with customers, reinsurers, and colleagues.
• Have numerical literacy and the ability to reason about numbers and perform basic math.
• Be collaborative and team-oriented.
• Communicate effectively both verbally and in writing.
• Think creatively and demonstrate problem-solving skills, resourcefulness, imagination, and determination.
• Handle detailed tasks carefully and use a process to review work and identify errors.
• Adapt to a fast-changing environment.
• Be able and willing to work outside normal business hours as needed.

Responsibilities

• Participate in the rotational program to learn reinsurance basics.
• Immerse themselves in Lockton Re’s culture.
• Assist Brokers and Senior Brokers in producing, designing, analyzing, and administering reinsurance programs for client partners.
• Assist with preparing pre-renewal documents and underwriting submissions, and organizing and tracking quotations.
• Assist with handling and maintaining files.
• Liaise with the claims, accounting, and contract departments to support consistent, high-quality service standards.
• Liaise with the Compliance department when necessary to help ensure adherence to company guidelines.
• Develop and present a long-term project to the Broking team based on knowledge gained during the program.
• Provide Brokers and Senior Brokers with excellent and timely service to clients.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed