Senior Benefit Analyst

Lockton Companies Social Sourcing • Chicago, IL

4d

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

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

Benefits

• Lockton Companies LLC is committed to offering competitive pay and benefits and complies with all relevant state/local pay transparency laws.
• This role may be eligible for an annual performance bonus, based upon the financial performance of the organization and the individual contributions of the Associate.
• Check out Lockton Benefits Offerings Here

What This Job Offers

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