June 2027 - Associate Account Manager Training Program (Minneapolis)

Socket.dev; Minneapolis (MN); On-site; USD 60,000 - 72,000; Full time

Benefits offered by this job

Health plans

Dental plans

Vision plan

401(k) match

Job summary

Lockton Companies LLC is seeking candidates for an Associate Account Manager training program designed for recent graduates. It combines formal training with hands-on client experience, and offers exposure to marketing, servicing, and renewal of Commercial Insurance accounts in the People Solutions or Risk Management practice.

The two-year program begins in January and June 2026, and participants have the opportunity to become Account Managers after successful completion.

Qualifications

• Bachelor's degree required with a minimum 3.3 GPA.
• Strong verbal and interpersonal communication skills.
• Proficiency with Microsoft Office Suite.

Responsibilities

• Participates in negotiations with carriers for new and renewal quotes with oversight.
• Collaborates with senior staff in selecting new markets for submission and requesting quotes.
• Helps review new business opportunity information and provides related recommendations to Unit Manager/Account Executive/Producer.
• Establishes and maintains relationships with Clients, carriers, and other vendors.
• Reviews quotes, binders, and endorsements and makes requests for changes as needed.
• Receives policy, updates and completes policy check to ensure completeness.

Skills

Strong verbal and interpersonal comms

Education

Bachelor's degree

Tools

Microsoft Office

Job description

Associate Account Manager Program

At Lockton, it’s not just about finding a good job—it’s about building a great career. The opportunities are endless, you can easily move up based on your continued improvement, skills, and self-motivation. Lockton provides you the space, time, and tools to gain all the necessary skills to grow within each role and build key leadership exposure at each step in your career.

This two-year training program is designed for recent college graduates and combines formal training with hands‑on client experience. We provide a competitive starting salary, developmental training opportunities, classroom learning experiences, and a series of activity requirements. Our training program provides exposure to marketing, servicing, and renewal of Commercial Insurance accounts in the People Solutions or Risk Management practice.

The Associate Account Manager training programs will begin in January and June of 2026. Each individual will have the opportunity to become an Account Manager upon successful completion of the program.

Responsibilities

• Participates in negotiations with carriers for new and renewal quotes with oversight
• Collaborates with senior staff in selecting new markets for submission and requesting quotes
• Helps review new business opportunity information and provides related recommendations to Unit Manager/Account Executive/Producer
• Establishes and maintains relationships and interfaces with Clients, carriers, and other vendors
• Reviews quotes, binders, and endorsements and makes requests for changes as needed
• Receives policy, then updates and completes policy check to ensure completeness
• Updates specifications, application, and summary information to reflect changes during the year
• Informs Client of any and all changes that may affect insurance premiums or coverage
• 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
• Performs other responsibilities and duties as needed

What is Lockton?

Lockton is a global professional services firm with more than 8,000 Associates who advise clients on protecting their people, property, and reputations. Lockton has grown to become the world’s largest privately held, independent insurance broker by helping clients achieve their business objectives.

A few reasons our associates love working at Lockton include:

• Opportunities for growth and advancement, including paid training and professional development
• 12-week paid parental leave
• An emphasis on community involvement and giving back
• Frequent athletic and wellness events
• Incredibly generous rewards: US associates receive a Rolex for their 10-year anniversary!
• We are uncommonly and perpetually independent

Compensation and Benefits

Lockton Companies LLC is committed to offering competitive pay and benefits and complies with all relevant sate/local pay transparency laws. The entry base salary offered for this opportunity may vary, and is contingent upon candidate education, skills, abilities, essential competencies, experience, professional designations, unique qualifications, and geographic location.

Compensation

Base salary: $60,000 USD.
Performance Bonus: This role is also eligible for an annual performance bonus, based upon the financial performance of the organization and the individual contributions of the Associate.

Lockton Benefits Offerings

At Lockton, our caring culture means we’re invested in your health and wellbeing. That’s why we’ve developed a benefits program that is all about helping you reach your ultimate potential, both at the office and at home. From health and wellness to financial wellbeing and everything in between, we have you covered. We encourage you to take advantage of the broad range of available offerings.

Health Plans – Options include United Healthcare Consumer-driven health plan or Surest variable copay plan
Wellness incentive program for health premium savings
Dental Plans – MetLife PPO & Copay option
Vision Plan – VSP Choice Plan
Health Savings Account
Flexible Spending Accounts – Dependent Care, Ltd. Purpose, Healthcare, Transportation
Life Insurance – Group term life, AD&D plus voluntary life options
Paid parental leave
Disability benefits – salary continuation & long-term disability for qualifying events
Legal services
Critical illness care
Hospital indemnity
Pet insurance
Gym membership discount programs
Retirement 401(K) Plan – 100%25 match up to 6%25 with immediate vesting
Student loan 401(K) match option
Associate assistance mental health program
Merchant discounts
Paid time off including vacation, holidays, personal days, volunteer days, and sick time
Associate referral bonus & new business finder’s fee
Company sponsored charitable and community events
Note: the above applies to regular full-time Associates; see Human Resources for part-time benefits

• Bachelor's degree with a minimum of 3.3 GPA
• Strong knowledge of Microsoft Office Suite (Outlook and Excel)
• Strong verbal and interpersonal communication skills required
• 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 work outside of normal business hours as needed
• Legally able to work in the United States