Senior Benefit Analyst

Lockton Companies; Missouri; On-site; USD 50,000 - 70,000; Full time

Job summary

Lockton Companies is seeking a Senior Benefit Analyst to join its Employee Benefits consulting group in St. Louis, Missouri. The role involves assisting in marketing and servicing new and renewal Employee Benefits accounts, with potential for career advancement to Account Manager. Candidates should possess a Bachelor’s degree and 1-3 years of relevant administrative experience, with strong analytical and communication skills.

Qualifications

• 1-3 years’ administrative experience in a professional office environment required.
• Working knowledge of Microsoft products with advanced knowledge of spreadsheet applications.
• Demonstrated understanding of oral and written instruction.

Responsibilities

• Provide administrative support to the Account Manager and Account Executive.
• Assist in marketing efforts and develop relationships with insurance carriers.
• Attend meetings and prepare reports as needed.

Skills

Analytical skills

Problem-solving skills

Interpersonal communication

Time management

Organizational skills

Education

Bachelor's Degree in Business Administration

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

St. Louis, Missouri, United States of America

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

The Lockton team is currently seeking a dynamicSenior Benefit Analystfor our Employee Benefits consulting group. This analyst is responsible for assisting in the marketing and servicing requirements of new and renewal Employee Benefits accounts. Long-term career potential and advancement opportunities to an Account Manager exist for dedicated and motivated professionals.

Responsibilities:

• Provide broad administrative support to the Account Manager and Account Executive in the following activities:
• Mid-Year/Client Renewals
• Marketing efforts (develop RFPS; Coordinate vendor responses and follow-up; prepare final Marketing Report; ensure correct commission levels are included)
• Develop mutually beneficial relationships with insurance carriers and administrators
• Prepare Service Schedules & Maintain Open Item Lists
• Report Preparation (experience reports, management reports, various marketing reports)
• Provide AE and/or UM with necessary components needed to complete renewal projections
• Attend staff meetings, department, and carrier meetings as well as educational workshops
• New Client Set-Up; Existing Client File Maintenance
• Create and distribute Client & Carrier correspondence
• Update Client and Carrier information in applicable database

Qualifications

Qualifications:

• Bachelor's Degree in Business Administration and/or 1-3 years’ administrative experience in a professional office environment required
• Working knowledge of Microsoft products (Word, Excel, Outlook) with advanced knowledge of spreadsheet applications and formula calculations
• High aptitude for mathematical calculations including multiplication, division, and percentages
• Organizational and time management skills to prioritize heavy workloads to meet time sensitive deadlines
• Demonstrated analytical and problem-solving skills, including research and investigation
• Demonstrated understanding of when to proceed alone and when to involve other Associates
• Demonstrated ability to understand and execute oral and written instruction
• Demonstrated interpersonal communication skills and ability to interact with Associates at all levels of responsibility
• Ability to communicate professionally with external clients
• Willingness and ability to expand knowledge and effectiveness in the commercial insurance industry by successful completion of extended classes and workshops related to insurance

Compensation and Benefits

Lockton Companies LLC is committed to offering competitive pay and benefits and complies with all relevant state/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.

Performance Bonus: This role may be eligible for an annual performance bonus, based upon the financial performance of the organization and the individual contributions of the Associate.

Check out Lockton Benefits Offerings Here

Equal Opportunity Statement

Lockton Companies is proud to provide everyone anequal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learnsfrom, celebrates and thrives because of ourbreadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 12,500+ Associates doing business in over 140 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.

Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.