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Facultative Reinsurance Associate Broker

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Lockton
Full Time position
Listed on 2026-10-13
Job specializations:
  • Insurance
    Insurance Sales, Insurance Agent & Advisor, Insurance Analyst, Property Insurance
Salary/Wage Range or Industry Benchmark: 70000 - 110000 USD Yearly USD 70000.00 110000.00 YEAR
Job Description & How to Apply Below
Your Responsibilities

Lockton Re is searching for a Reinsurance Associate Broker to support our Facultative Segment. We are looking for an individual that is client focused, detail oriented, maintains a sense of urgency and can communicate clearly and effectively. The successful individual will serve as a partner to Brokers and Senior Brokers, providing superior support regarding all certificates and key accounts. The candidate will also provide high quality service to agents, companies, and internal teams.

Facultative

Reinsurance Associate Broker responsibilities
  • Facilitate flow of information from agents and underwriters, whether to internal broking team, internal client services teams and/or clients
  • Respond promptly to all requests from internal team, (re) insurers or clients regarding account servicing issues
  • Interact regularly with brokers, clients, and underwriters regarding certificates; responding to queries and concerns with a prompt resolution
  • Accurately explain coverages and liabilities to agents and/or clients
  • Provide and/or assist with quotations and binders for new business, renewals and endorsements
  • Proactively initiate and coordinate renewal activity on assigned accounts
Your Responsibilities

Lockton Re is searching for a Reinsurance Associate Broker to support our Facultative Segment. We are looking for an individual that is client focused, detail oriented, maintains a sense of urgency and can communicate clearly and effectively. The successful individual will serve as a partner to Brokers and Senior Brokers, providing superior support regarding all certificates and key accounts. The candidate will also provide high quality service to agents, companies, and internal teams.

Client

account support
  • Facilitate flow of information from agents and underwriters, whether to internal broking team, internal client services teams and/or clients
  • Respond promptly to all requests from internal team, (re) insurers or clients regarding account servicing issues
  • Interact regularly with brokers, clients, and underwriters regarding certificates; responding to queries and concerns with a prompt resolution
  • Accurately explain coverages and liabilities to agents and/or clients
  • Provide and/or assist with quotations and binders for new business, renewals and endorsements
  • Proactively initiate and coordinate renewal activity on assigned accounts
Documentation management
  • Analyze certificate, endorsement, and audit requests to complete these requests on behalf of the Broker.
  • Timely initiation of necessary corrections to ensure accuracy of dates, coverage, signatures, commission, premium, attachments, etc.
  • Initiate cancellation and non-renewal notices according to statutory and contractual requirements
  • Maintain organizational control of all deadlines, follow-ups and deliverables for certificates, endorsements, regulatory reporting or other pertinent items (whether internal or from outside sources)
  • Coordinate with client services team on a regular basis to ensure information is correct and accurate for invoicing
Support for team advancement
  • Maintain current knowledge of the (re) insurance industry and sales ideas through regular attendance of workshops, seminars and/or formal continuing education
  • Aid in process support for discovery of new facultative management systems and process
  • Champion digital efficiencies and workflow enhancements to stakeholders
  • Engage with broking teams and leadership on other ad hoc projects, as needed
Qualifications
  • Relationship-Building:
    Ability to develop professional rapport with business colleagues
  • Technology Adoption:
    Openness and adaptability to new technology platforms, and a willingness to learn such technology and find efficiencies in its usage
  • Time Management and Organization:
    Uses a range…
Position Requirements
10+ Years work experience
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