Lockton Re, the global reinsurance business of Lockton Companies, helps businesses understand, mitigate, and capitalize on risk. With over 400 colleagues in 19 locations globally, the business is continuing to grow, pushing the reinsurance industry forward with smarter solutions that leverage new technologies—delivered by people empowered to do what’s right for clients.
Lockton Re will offer Broker internships during this upcoming summer. The interns will be exposed to multiple facets of the reinsurance industry, including client relations, technical service and project management. The rotational program is very "hands-on" and will give candidates a thorough induction to our business and our culture.
We are seeking individuals who will demonstrate an eagerness to learn, a willingness to communicate and an adaptability to changing environments. Lockton Re looks for students entering their junior or senior year who are interested in building a career in a fast-paced industry.
Summer Intern 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.
Qualifications
Able and willing to learn new things – hardly anyone comes out of college knowing about reinsurance, so we’ll teach you if you are eager to learn
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
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
Trusted with detailed tasks - details matter, so having a process for reviewing your work to find errors 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
Equal Opportunity Statement
Lockton Companies is proud to provide everyone an equal 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 learns from, celebrates and thrives because of our breadth 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.
Lockton is a global professional services firm with 10,500 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 Associates love working at Lockton include:
•Opportunities for growth and advancement, including paid training and professional development.
•12-week paid parental leave.
•A huge emphasis on community involvement.
•Frequent athletic and wellness events.
•Incredibly generous rewards; US Associates receive a Rolex for their 10-year anniversary!
