Senior Account Manager
Job Description
Lockton is excited to announce we are seeking a Senior Account Manager to provide overall support to the Account Executive on an assigned book of healthcare business. As a Senior Account Manager, you'll be helping lead a dynamic client-facing team. Collaboration and a willingness to support your colleagues are imperative, as is a true love for building and nurturing relationships, both internal and external.
A successful candidate will have:
- Good inter-personal skills and ability to communicate effectively and professionally, both verbally and in writing
- An ability to excel at multi-tasking, adapting to change and working on tight deadlines to meet our clients' needs
- An ability to manage time, prioritize and ensure that deadlines are met without compromising quality
- The entrepreneurial spirit, with an eagerness to learn and grow within the company
Responsibilities:
- Develops and maintains favorable internal and external relationships, with the end goal of providing the highest level of customer service by meeting or exceeding industry standards
- Oversees the servicing of a designated book of business as relating to marketing, claims, and administration
- Researches an issues' root cause, implements, and resolves policy-related issues
- Recommends potential enhancements or improvements to processes, products, and/or policies
- Develops financial models and reports for Client and more senior staff, provides interpretation and implication of analysis, as well as recommendations
- Provides expertise in strategic planning and consultative advice to clients, including the production, analysis, and recommendations for changes to coverage plans
- Engages in Client strategy meetings to manage insured expectations for upcoming term
- Develops and presents coverage plan and renewal terms to Client
- Assesses and interprets exposure information from the Client
- Analyzes quotes from carriers to determine appropriate recommendations
- Interprets and evaluates policy terms to ensure adequate coverage for Client's identified exposures
- Facilitates Client premium financing
- Participates in negotiations with carriers for new and renewal quotes
- Collaborates with senior staff in selecting new markets for submission and requesting quotes
- Reviews new business opportunity information and provides related recommendations to Unit Manager/Account Executive
- Establishes and maintains relationships and interfaces with Clients, carriers, and other vendors
- Mentors and trains junior-level staff
Qualifications:
- 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 travel by automobile and aircraft
- Ability to work outside of normal business hours as needed
Date Posted
01/14/2023
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Subjectivity Score: 0.8
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