PRS Account Executive

Lockton Companies · New York City, NY

Company

Lockton Companies

Location

New York City, NY

Type

Full Time

Job Description

Job Summary:

• Maintains and enhances Lockton's relationships with existing Clients by executing proactive, creative, and on-going contact initiatives

• Proactively understands the requirements and needs of a Client account

• Provide strategic planning and consulting advice to clients including the production of Requests for Proposal, coordination of vendor responses, analysis and comparison of RFP responses, and preparation of a client report with recommendations

• Consults with Clients to review investment options, bender services, fees, strategies and goals

• Consults regularly with Clients to review large claims, abnormal utilization results, and monthly claims experience

• Reviews and issues profitability assists on all "fee-at-risk" proposals

• Assists in the establishment and attainment of revenue goals for existing and new business

• Provides input in the development and implementation of policies and procedures, as well and operating and strategic plans within area of specialty

• Develops and maintains dependable working relationships with carriers, broker servicing networks, and other providers

• Oversees issue-resolution between Client and the Vendor

• Coordinates market selection for new and renewal business on designated accounts

• Initiates and duplicates new business report activities

• Generates new business opportunities through cross-selling

• Negotiates program terms and costs

• May help coordinate the day-to-day administrative activities among those servicing the Client's account including the coordination of all support services such as claims and loss control

• Provides information, concepts, techniques, and programs to department Associates to improve and enhance working knowledge

• Mentors and trains junior-level staff

• Researches and understands industry trends, product development government regulations

• Performs other responsibilities and duties as needed

Requirements:

  • Bachelor's Degree in Business Administration or related field and/or years of experience equivalent
  • Typically more than 7 years of Client services experience is required
  • Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)
  • Strong verbal and interpersonal communication skills required
  • Demonstrates strong working knowledge and experience within brokerage industry
  • Understands industry trends and governmental regulations
  • Ability to complete continuing education requirements as needed
  • Ability to attend company, department, and team meetings as required, including industry training sessions
  • Ability to comply with all company policies and procedures, proactively protecting confidentiality of Client and company information
  • Ability to efficiently organize work and manage time in order to meet deadlines
  • Ability to travel by automobile and aircraft
  • Ability to use office equipment such as a computer, keyboard, calculator, photocopier, and facsimile machine
  • Ability to work on a computer for a prolonged amount of time
  • Ability to work outside of normal business hours as needed
  • Legally able to work in the United States

Date Posted

05/03/2024

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