Senior Benefit Analyst

Lockton Companies Social SourcingChicago, IL

About The Position

The Lockton team is currently seeking a dynamic Senior Benefit Analyst for our Employee Benefits consulting group. This analyst is responsible for assisting in the marketing and servicing requirements of new and renewal Employee Benefits accounts. Long-term career potential and advancement opportunities to an Account Manager exist for dedicated and motivated professionals.

Requirements

  • Bachelor's Degree in Business Administration and/or 1-3 years’ administrative experience in a professional office environment required
  • Working knowledge of Microsoft products (Word, Excel, 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 to meet time sensitive deadlines
  • Demonstrated analytical and problem-solving skills, including research and investigation
  • Demonstrated understanding of when to proceed alone and when to involve other Associates
  • Demonstrated ability to understand and execute oral and written instruction
  • Demonstrated 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 successful completion of extended classes and workshops related to insurance

Nice To Haves

  • Long-term career potential and advancement opportunities to an Account Manager exist for dedicated and motivated professionals.

Responsibilities

  • Provide broad administrative support to the Account Manager and Account Executive in the following activities: Client enrollment meetings Mid-Year/Client Renewals Marketing efforts (develop RFPS; Coordinate vendor responses and follow-up; prepare final Marketing Report; ensure correct commission levels are included) Develop mutually beneficial relationships with insurance carriers and administrators Prepare Service Schedules & Maintain Open Item Lists Report Preparation (experience reports, management reports, various marketing reports) Provide AE and/or UM with necessary components needed to complete renewal projections Attend staff meetings, department, and carrier meetings as well as educational workshops New Client Set-Up; Existing Client File Maintenance Create and distribute Client & Carrier correspondence Update Client and Carrier information in applicable database Deliver outstanding customer service Complete special projects
  • Assist in the marketing and servicing requirements of new and renewal Employee Benefits accounts.

Benefits

  • Competitive pay and benefits
  • May be eligible for an annual performance bonus, based upon the financial performance of the organization and the individual contributions of the Associate.
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