Job Posting for LFS - Account Executive at Account Executive - Lockton Careers
Account Executives are responsible for crafting overall client strategy: placing and servicing of insurance programs, building and maintaining client and carrier relationships, and working with producers and teams to generate new business.
Position responsibilities
Understand and perform marketing and account services to provide the broadest and most competitive quality product for Lockton clients:
Understand the client's overall business, operations, and risk management needs
Track industry developments and all related products available in the insurance marketplace
Develop and maintain dependable working relationships with carriers and other providers
Coordinate & oversee client and prospect marketing strategy & execution
Build and maintain effective relationships with clients
Lead prospecting efforts & RFP’s as necessary to support producers
Analyze client risk to identify problems, recommend solutions, and evaluate outcomes
Position qualifications
Bachelor’s degree in a business-related program preferred or equivalent education and/or experience. Accounting, business, finance, or legal background preferred.
A minimum of five years’ working knowledge of Directors and Officers (D&O) Liability Insurance, Employment Practice Liability Insurance (EPLI), fiduciary, crime, and Errors and Omissions (E&O) coverages.
Marketing and service insurance experience of commercial accounts for D&O, EPLI, fiduciary, crime, and E&O.
Ability to compile, analyze, and interpret financial information of clients and prospects.
Organizational and time management skills to prioritize workloads to meet deadlines.
Strong verbal, written, and interpersonal skills.
Current insurance license or the ability to obtain.
Salary.com Estimation for LFS - Account Executive in Chicago, IL
$240,768 to $368,799
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