Commercial Insurance Contract Advisor jobs in United States
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Lockton · 2 weeks ago

Commercial Insurance Contract Advisor

Lockton is a commercial insurance company seeking a Commercial Insurance Contract Advisor. The role involves reviewing and analyzing clients' contractual requirements related to casualty insurance and advising clients on coverage and limits of liability.

Auto InsuranceInsuranceRisk Management
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Responsibilities

Review, interpret, and analyze Client’s commercial contractual requirements regarding casualty insurance
Compare commercial contractual requirements regarding casualty insurance with commercial insurance policies to determine and advise client’s on whether the coverage and limits of liability meet the commercial contractual requirements required by client’s customers
Advise clients and provide recommendations and guidance, as necessary and appropriate, exercising independent professional judgment
Provide guidance to internal Lockton personnel on certificates of insurance issued in connection with commercial contractual requirements
Remain current by understanding and following applicable compliance and professional standards
Actively seek out opportunities to create and improve standard processes
Additional responsibilities as requested by leadership

Qualification

Commercial insurance experienceContract reviewDraftingMicrosoft Office proficiencyVerbalWritten communicationNavigating complex scenariosInsurance terminologyOrganization skillsSelf-starter

Required

Bachelor's degree (legal experience a plus)
Minimum of five (5) years of commercial insurance experience (emphasis on insurance coverage analysis, underwriting, risk management, client management, insurance broking, contract review and/or drafting, etc.)
Proficiency in Microsoft Office tools (Outlook, Word, PowerPoint, and Excel) and PDF editing software
Professional verbal and written communication skills with the ability to communicate with all levels of Associates and Clients
Excellent organization skills – ability to prioritize work and meet deadlines
Skilled at navigating complex and difficult scenarios and providing appropriate guidance with discretion and good judgment
A self-starter with the ability to work autonomously with quick deadlines
Ability to communicate clearly and concisely in writing (emphasis on communicating complex insurance concepts)
Familiarity with common insurance and legal terminology and concepts
Experience drafting, revising, interpreting, or reviewing contracts
Legally able to work in the United States

Company

Lockton provides risk management and insurance services.

Funding

Current Stage
Late Stage

Leadership Team

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Mohammad Al Abdul Jabbar
Chief Executive Officer
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Scott Bastian
Senior Vice President
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Company data provided by crunchbase