Role Overview
The Loss Control Consultant serves as a strategic advisor to Lockton clients, consulting on business exposures that impact the total cost of risk across diverse industries. The Lockton Risk Control Department is committed to being a seamless, value-driven risk control practice that partners with clients to improve operations, enhance financial results, and optimize their overall risk financing strategy-not simply reducing risk, but maximizing the value and effectiveness of their insurance programs.
Our consultants leverage industry expertise, advanced analytics, and data-driven insights to align with client strategic goals and create lasting partnerships. We combine quantitative data analytics, qualitative assessment, and AI-powered risk evaluation tools to provide comprehensive consulting that reduces operational risks, protects human capital, and minimizes total cost of risk while positioning clients for long-term resilience.
Role Responsibilities
- Strategic Partnership & Risk Assessment - Partner with clients to identify and evaluate business exposures affecting total cost of risk; serve as a trusted advisor in optimizing risk financing strategies and insurance program value.
- Proactive Risk Evaluation - Leverage AI-powered tools and technology platforms to conduct proactive risk evaluations, identify emerging exposures, and provide data-driven insights that anticipate risks before they become losses.
- Predictive Analytics & Loss Intelligence - Apply predictive modeling and advanced analytics to identify loss trends, forecast future exposures, and deliver forward-looking risk intelligence that enables clients to make informed strategic decisions.
- Consulting & Guidance - Provide expert guidance and support to clients on reducing identified risks; develop and present customized plans and materials for successful implementation of risk control programs.
- Training & Education - Develop and deliver training on critical safety measures, loss prevention strategies, and regulatory compliance; educate clients on loss control regulations and emerging industry standards.
- Data-Driven Analysis - Utilize qualitative and quantitative data to assist clients in lowering risks and costs; conduct comprehensive claims analysis, monitor loss history trends, and provide technical insights on complex client accounts.
- Loss Prevention & Risk Analysis - Provide clients and prospects with loss prevention recommendations and risk analysis designed to positively impact loss ratios and premium levels; make evidence-based recommendations for remedying hazardous conditions and potential losses.
- Hazard Identification & Compliance - Survey client locations, equipment, operations, and safety practices; identify potential hazards and underwriting risks; ensure recommendations align with applicable codes and standards (OSHA, NFPA, EPA, NIOSH).
- Communication & Reporting - Communicate findings, safety information, and hazard prevention guidance to clients and internal teams; distribute loss control materials and maintain clear documentation of assessments and recommendations.
- Business Development Support - Assist Producers in identifying and retaining business through the creation and presentation of value-added loss control services; demonstrate ROI and competitive advantage of Locktons risk control offerings.
- Industry Vertical Collaboration - Work within industry-specific verticals to build deep, trusted relationships with internal account teams, including Producers and Account Managers; deliver value-added loss control services tailored to the unique exposures and risk profiles of each vertical; collaborate with account teams to provide insights and recommendations that help clients reduce their overall cost of risk and strengthen the effectiveness of their insurance programs.
- Regulatory Compliance & Awareness - Ensure compliance with all applicable regulations; stay current on changes to laws and regulations pertaining to loss control; interpret and evaluate insurance carrier recommendations.
- Additional Responsibilities - Perform other duties as assigned to support departmental and company objectives.