Risk Analyst

Lockton • Washington, DC

2d • Hybrid

About The Position

The Risk Analyst is an entry-level role in Lockton Northeast, designed for a recent college graduate or a professional with 1 to 2 years of relevant insurance experience. The Analyst serves as the primary service contact for an assigned book of Property and Casualty business and develops working relationships with clients, carriers, and Lockton colleagues. The position provides day-to-day client service and renewal support to Client Managers, Senior Client Managers, and/or Account Executives.

The role is part of the Career Foundations Program, which provides technical and practical training to support development and a long-term career at Lockton Northeast. A successful Analyst delivers strong customer service and supports the broader client team. Lockton Northeast offers a flexible, hybrid work environment in which Associates split their time between in-person and remote work.

Requirements

• Bachelor's degree in a business-related program preferred, or equivalent education and/or experience required.
• Ability to organize work efficiently and manage time to meet deadlines.
• Exceptional verbal, written, and interpersonal skills.
• Ability to comply with company policies and procedures and proactively protect confidential client and company information.
• Willingness and ability to work outside normal business hours and travel as needed.
• Strong knowledge of Microsoft Office Suite, including Word, Outlook, Excel, and PowerPoint.
• Must be legally authorized to work in the United States and not require sponsorship now or in the future.
• Eagerness and enthusiasm to learn and participate in the relevant Unit or Practice.
• Ability to communicate effectively and professionally, verbally and in writing.
• Ability to multitask, adapt to change, and work to tight deadlines to meet client needs.
• Ability to manage time and priorities and meet deadlines without compromising quality.
• Entrepreneurial spirit and desire to learn the Property and Casualty insurance industry and grow within the company.

Nice To Haves

• Relevant insurance experience of 1 to 2 years.
• Bachelor's degree in a business-related program.
• Interest in pursuing professional designations and attending industry workshops.

Responsibilities

• Respond to client inquiries and maintain documentation of communications, existing issues, and issue resolutions.
• Support implementation of new coverage lines by setting up accounts, collecting documentation, and reviewing plan details with clients and carriers.
• Provide client service consistent with Lockton Northeast processes, protocols, and Client Engagement strategy.
• Gather and compile client exposure information, including loss-run schedules and client stratifications.
• Request and secure quotes from carriers.
• Handle audits, quotes, binders, and endorsements, and request changes as needed.
• Follow up on insurance policies, then 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.
• Create and send compliance communications as needed.
• Prepare or draft Client Engagement documents, including Renewal Strategy, Stewardship, and Renewal Presentations.
• Support Account Executives, Senior Client Managers, and Client Managers with day-to-day client service and renewal work.
• Participate in the Career Foundations Program and pursue technical excellence through professional designations and industry workshops.

Benefits

• Competitive total rewards package.
• Continuing education and training.
• Tremendous potential with a growing organization.
• Flexible, hybrid work environment.
• Dynamic entrepreneurial culture in which employees are empowered to make a difference for clients.
• Commitment to diversity and inclusion.
• Commitment to giving back to communities.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level