Reinsurance Broker Intern - Hands-On Rotations

Lockton; Minneapolis (MN); On-site; USD 25,000 - 34,000; Full time

Job summary

Lockton Re offers Broker internships for the upcoming summer, exposing interns to multiple facets of the reinsurance industry. The program is hands-on with a thorough induction to our business and culture.

We seek junior or senior-year students eager to learn, communicate, and adapt in a fast-paced environment, supporting brokers and various teams in production, documentation and analysis.

Qualifications

• Currently a junior or senior in university and eager to learn about reinsurance.
• Excellent written and verbal communication; able to build relationships.
• Numerically literate with ability to reason about numbers and basic math.
• Collaborative, team-oriented and adaptable to changing environments.
• Willing to work outside of normal business hours as needed.

Responsibilities

• Participate in rotational program to learn the various reinsurance basics.
• Immerse yourselves in our Lockton Re culture.
• Assist Brokers and Senior Broker in the production, design, analysis and administration of reinsurance programs on behalf of client partners.
• Assist in preparing pre-renewal documents, underwriting submissions and organizing/tracking quotations.
• Assist in handling and maintaining files.
• Assist in liaising with the claims, accounting and contract departments to ensure consistent and best-in-class service standards.
• Assist in liaising with the Compliance department where necessary to ensure adherence to company guidelines.
• Develop and present long-term project to the Broking team based on knowledge gained throughout the program.
• Be accountable to Brokers and Senior Broker(s) to provide excellent and timely service to clients.

Skills

Eagerness to learn

Strong communication

Adaptability

Numerical literacy

Team player

Detail-oriented

Creative problem solving

Relationship building

Flexible hours

Education

Pursuing Bachelor's degree (junior or senior)

Job description

Lockton Re offers Broker internships for the upcoming summer, exposing interns to multiple facets of the reinsurance industry. The program is hands-on with a thorough induction to our business and culture.

We seek junior or senior-year students eager to learn, communicate, and adapt in a fast-paced environment, supporting brokers and various teams in production, documentation and analysis.