Account Manager

Lockton; Minneapolis (MN); On-site; USD 60,000 - 82,000; Full time

Job summary

Lockton in Minneapolis seeks an experienced Client Services professional to manage a designated book of business across marketing, claims, and administration. You will respond to client inquiries, coordinate with carriers, gather exposure data, prepare quotes, review audits, and support billing while protecting client confidentiality and meeting deadlines.

The role requires strong communication, time management, and the ability to travel as needed, with a legal ability to work in the United

Qualifications

• Bachelor’s Degree in Business Administration or related field or equivalent experience.
• Typically three to seven years of Client services experience.
• Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint).
• Strong verbal and interpersonal communication skills.
• Understanding of industry trends and governmental regulations.
• Ability to attend company, department and team meetings and industry trainings.
• Confidentiality protection of client and company information.
• Ability to organize work efficiently and meet deadlines.
• Ability to travel by automobile and aircraft.
• Legally able to work in the United States.

Responsibilities

• Services designated book of business relating to marketing, claims, and administration.
• Responds to Client inquiries, maintains documentation of communications and resolutions.
• Supports implementation of new lines of coverage by setting up accounts and gathering docs with Client and Carrier.
• Gathers exposure information from the Client, including loss-run schedules and client stratifications.
• Requests and collects quotes from carriers and audits quotes, binders, and endorsements.
• Processes audits and creates audit analyses; updates policy details as year changes.
• Binds coverage under direction of the Unit Manager/Account Executive; informs clients of changes.
• Generates materials for Client presentations and meetings; handles invoicing and billing queries.

Skills

Client services experience

Verbal and interpersonal communication

Time management

Confidentiality

Travel ability

Education

Bachelor’s Degree in Business Administration or related field

Tools

Microsoft Office Suite

Job description

• Services designated book of business as relating to marketing, claims, and administration
• Responds to Client’s inquiries, maintains documentation of communications, existing issues, and issue resolutions
• Supports implementation of new lines of coverage by setting up account, collecting needed documentation, and reviewing plan details with Client and Carrier
• Gathers and compiles exposure information from the Client, including compiling loss-run schedules and client stratifications
• Requests and collects quotes (new and renewal) from carriers
• Audits quotes, binders, and endorsements and makes requests for changes as needed
• Processes audits and creates audit analysis for Client
• Receives policy, then updates and completes policy check to ensure completeness
• Updates specifications, application, and summary information to reflect changes during the year
• Monitors receipt of quotes from carriers once submitted and negotiated by more senior staff
• Binds coverage under direction of the Unit Manager/Account Executive
• Informs Client of any and all changes that may affect insurance premiums or coverage
• Gathers and compiles information for new business opportunities
• Inputs Client information into data management system, ensuring accuracy and completeness
• Generates materials for Client presentations and meetings
• Creates and sends compliance communications as needed
• Issues and processes Client invoicing
• Engages with Producer and Accounting Department to appropriately determine action plan and assist in collection efforts or billing discrepancies
• Researches industry trends and governmental regulations
• Performs other responsibilities and duties as needed

Your Responsibilities

Description:

• Services designated book of business as relating to marketing, claims, and administration
• Responds to Client’s inquiries, maintains documentation of communications, existing issues, and issue resolutions
• Supports implementation of new lines of coverage by setting up account, collecting needed documentation, and reviewing plan details with Client and Carrier
• Gathers and compiles exposure information from the Client, including compiling loss-run schedules and client stratifications
• Requests and collects quotes (new and renewal) from carriers
• Audits quotes, binders, and endorsements and makes requests for changes as needed
• Processes audits and creates audit analysis for Client
• Receives policy, then updates and completes policy check to ensure completeness
• Updates specifications, application, and summary information to reflect changes during the year
• Monitors receipt of quotes from carriers once submitted and negotiated by more senior staff
• Binds coverage under direction of the Unit Manager/Account Executive
• Informs Client of any and all changes that may affect insurance premiums or coverage
• Gathers and compiles information for new business opportunities
• Inputs Client information into data management system, ensuring accuracy and completeness
• Generates materials for Client presentations and meetings
• Creates and sends compliance communications as needed
• Issues and processes Client invoicing
• Engages with Producer and Accounting Department to appropriately determine action plan and assist in collection efforts or billing discrepancies
• Researches industry trends and governmental regulations
• Performs other responsibilities and duties as needed

Qualifications

Qualifications:

• Bachelor’s Degree in Business Administration or related field and/or years of experience equivalent
• Typically three to seven 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
• 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