Account Executive - M&A

Lockton Inc

  • Chicago, IL
  • 5 days ago

    Highlights

    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. May help coordinate the day-to-day administrative activities among those servicing the Client's account including the coordination of all support services such as claims and loss control.

    Numbers & Facts

    LocationChicago, IL

    Description

    Description:

    • Maintains and enhances Lockton's relationships with existing Clients by executing proactive, creative, and on-going contact initiatives
    • Proactively understands the requirements and needs of a Client account
    • Provide strategic planning and consulting advice to clients including the production of Requests for Proposal, coordination of vendor responses, analysis and comparison of RFP responses, and preparation of a client report with recommendations
    • Consults with Clients to review investment options, bender services, fees, strategies and goals
    • Consults regularly with Clients to review large claims, abnormal utilization results, and monthly claims experience
    • Reviews and issues profitability assists on all "fee-at-risk" proposals
    • Assists in the establishment and attainment of revenue goals for existing and new business
    • Provides input in the development and implementation of policies and procedures, as well and operating and strategic plans within area of specialty
    • Develops and maintains dependable working relationships with carriers, broker servicing networks, and other providers
    • Oversees issue-resolution between Client and the Vendor
    • Coordinates market selection for new and renewal business on designated accounts
    • Initiates and duplicates new business report activities
    • Generates new business opportunities through cross-selling
    • Negotiates program terms and costs
    • May help coordinate the day-to-day administrative activities among those servicing the Client's account including the coordination of all support services such as claims and loss control
    • Provides information, concepts, techniques, and programs to department Associates to improve and enhance working knowledge
    • Mentors and trains junior-level staff
    • Researches and understands industry trends, product development government regulations
    • Performs other responsibilities and duties as needed

    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

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