Reinsurance Fac Broker Intern (Chicago)

Lockton • Chicago, IL

8d • Onsite

About The Position

Lockton Re, the global reinsurance business of Lockton Companies, helps businesses understand, mitigate, and capitalize on risk. With over 400 colleagues in 19 locations globally, the business is continuing to grow, pushing the reinsurance industry forward with smarter solutions that leverage new technologies—delivered by people empowered to do what’s right for clients. 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.

Requirements

• Able and willing to learn new things
• Interested in building relationships
• Numerically literate
• 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

Responsibilities

• Participate in rotational program to learn the various reinsurance "basics."
• Immerse yourselves in our Lockton Re culture.
• Assist Broker 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 services to clients.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: High school or GED