Lockton · 4 months ago
Reinsurance Associate (Philadelphia)
Philadelphia, PA
Full-time
Hybrid
New Grad, Entry LevelLockton, Inc. is the largest privately held independent insurance brokerage in the world, dedicated to helping its employees reach their full potential. The Reinsurance Associate role involves assisting brokers in the production and administration of reinsurance programs, while building client relationships and ensuring excellent service standards.
Auto InsuranceInsuranceRisk Management
Responsibilities
Assist and accountable to Broker and Senior Broker(s) in the production, design, analysis and administration of reinsurance programs on behalf of client partners
Prepare submissions, obtain quotations, and represent our client partners in the reinsurance marketplace
Handle and maintain files, follow-up on contract subjectivities and other open items
Build relationships with respective client and carrier associates to provide excellent service
Liaise with clients and reinsurance markets for day-to-day account inquiries
Liaise with the claims, accounting, and contract departments to ensure consistent and best-in-class service standards
Become proficient in the basic coverages of Property or Casualty classes of business
Attend client events and forums to represent Lockton Re
Actively contribute to process efficiency and improvement; consistently find ways to become more efficient
Qualification
Required
Able and willing to learn new things – hardly anyone comes out of college knowing about reinsurance, so we'll teach you, but you must be eager to learn
Numerically literate - you don't have to be a math major, but you do need to be able to think and reason about numbers and do basic math
Collaborative and team-oriented - insurance works because people work together; reinsurance broking is no different
A good communicator, both verbally and in writing - telling a compelling story and conveying your ideas clearly is what reinsurance broking is all about
Able to think creatively and demonstrate problem-solving skills - new challenges inevitably arise, especially in a new company. Doing the best we can for our customers requires resourcefulness, imagination, and determination
Interested in building relationships - reinsurance is a relationship-driven industry and interacting with customers, reinsurers and colleagues in social settings is part of the job
Trusted with detailed tasks - details matter, so having a process for reviewing your work to find mistakes and noticing when something doesn't look right help to build trust with colleagues, customers and reinsurance partners
Adaptable to changing environments - as a start-up company that is growing fast, we are gaining new employees and customers daily, so things move quickly and are constantly changing
Ability to work outside of normal business hours as needed
Benefits
Industry-leading health insurance
Generous paid parental leave for birth, adoption, or surrogacy
Adoption reimbursement
24/7 virtual care
Fertility support
Personalized guidance to help Associates navigate every stage of their family journey
Breast milk shipping services
Caregiver resources
Flexible schedules
Continued support for parents returning to the workplace
Families@Work Associate Resource Group
Mentorship opportunities
Flexible work arrangements
Wellness programs
Strong emphasis on mental health
Professional training
Global opportunities across more than 140 offices worldwide
Company
Lockton
Lockton provides risk management and insurance services.
Founded in 1966
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Mohammad Al Abdul Jabbar
Chief Executive Officer
Scott Bastian
Senior Vice President
Recent News
Channel NewsAsia
2025-09-23
FF News | Fintech Finance
2025-04-19
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