Senior Benefit Analyst

Lockton • Chicago, IL

1d

About The Position

Lockton is seeking a Senior Benefit Analyst to support its Employee Benefits consulting group. The analyst assists with marketing and servicing new and renewal Employee Benefits accounts, providing broad administrative support to Account Managers and Account Executives. The position offers potential for long-term career advancement to Account Manager for dedicated and motivated professionals.

Requirements

• Bachelor's degree in Business Administration and/or 1–3 years of administrative experience in a professional office environment.
• Working knowledge of Microsoft Word, Excel, and Outlook, with advanced knowledge of spreadsheet applications and formula calculations.
• High aptitude for mathematical calculations, including multiplication, division, and percentages.
• Organizational and time-management skills to prioritize heavy workloads and meet time-sensitive deadlines.
• Demonstrated analytical and problem-solving skills, including research and investigation.
• Ability to understand when to proceed independently and when to involve other Associates.
• Ability to understand and execute oral and written instructions.
• Interpersonal communication skills and ability to interact with Associates at all levels of responsibility.
• Ability to communicate professionally with external clients.
• Willingness and ability to expand knowledge and effectiveness in the commercial insurance industry by successfully completing extended classes and workshops related to insurance.

Responsibilities

• Provide administrative support to Account Managers and Account Executives for client enrollment meetings and mid-year and client renewals.
• Support marketing efforts by developing RFPs, coordinating vendor responses and follow-up, preparing final marketing reports, and ensuring correct commission levels are included.
• Develop mutually beneficial relationships with insurance carriers and administrators.
• Prepare service schedules and maintain open item lists.
• Prepare experience reports, management reports, and various marketing reports.
• Provide Account Executives and/or Unit Managers with components needed to complete renewal projections.
• Attend staff, department, and carrier meetings, as well as educational workshops.
• Set up new clients and maintain existing client files.
• Create and distribute client and carrier correspondence.
• Update client and carrier information in applicable databases.
• Deliver outstanding customer service.
• Complete special projects.

Benefits

• Competitive pay and benefits.
• The role may be eligible for an annual performance bonus based on the financial performance of the organization and the individual's contributions.

What This Job Offers

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