The Lockton Companies
3.6 of 5 71 reviews
www.lockton.com Kansas City, MO 1000 to 5000 Employees

The Lockton Companies Reviews

Updated Mar 31, 2014

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3.6 71 reviews

                             

96% Approve of the CEO

The Lockton Companies CEO and President John L. Lumelleau

John L. Lumelleau

(51 ratings)

75% of employees recommend this company to a friend
24 Employee Reviews Back to all reviews
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Great company to work for

Account Administrator (Current Employee)
Denver, CO

I have been working at The Lockton Companies full-time for more than a year

Pros- provide training
- promote from within
- regular reviews/pay increases
- great company culture

Working for this company has been a great experience. Even with no prior experience in commercial insurance, Lockton not only trains their employees but they also cover the cost of classes related to insurance designations through the Institutes, as well as providing their own continuing education classes.

Office culture is great, no micromanaging (at least from what I have experienced). Beer Fridays every week where employees are encouraged to relax and socialize. Competitive benefits and no problems getting time off. The Denver office has around 300 employees and turnover rate is fairly low. If anything, they are growing rapidly.

ConsLearning the internal systems can be challenging, but associates are more than willing to help.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Client Receivables Coordinator (Current Employee)
Kansas City, MO

I have been working at The Lockton Companies full-time for more than 5 years

ProsGreat place to work, with lots of benefits. Good to their employees and flexible working hours

ConsPay is a little on the low side

Advice to Senior Managementcontinue to promote within the company

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great group of people to work with, but long hours.

Risk Analyst (Current Employee)
Saint Louis, MO

I have been working at The Lockton Companies full-time for more than a year

ProsBeer Fridays, cab vouchers, culture, easy to move up or to a different department

ConsIt is expected of you to work long hours or take work home to get everything done. The pay is slightly less than comparable companies.

Advice to Senior Managementhire more people

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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I love my job

Account Administrator (Current Employee)
Kansas City, MO

I have been working at The Lockton Companies full-time for more than a year

ProsGreat atmosphere, co-workers, management, and learning opportunities

ConsSalary and compensation are low. Raises happen early, but are not enough to make up for the low salary.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Solid Company that cares.

Anonymous Employee (Current Employee)

I have been working at The Lockton Companies full-time

ProsGood hours, people, work life balance.

ConsLack of training, intense work. Salary is on the lower end.

Advice to Senior ManagementPay better to attract more talent

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Must be extremely hard working and love fast paced environments to make it here

Account Executive (Current Employee)
Denver, CO

I have been working at The Lockton Companies full-time for more than 8 years

ProsTeam environment (mostly at the AM/AA level), good 401k, good (and getting better) internal resources (word processing services, office services, educational opportunities etc), onsite gym, covered parking, Highly committed to community involvement. Truly believes in delivering superior service and doing the right thing for both their markets and clients.

Cons"High Level" associates who haven't come up the ranks unfortunately do not seem to know or understand what it takes to service accounts (from both a technical and operational perspective) which can be a burden to their fellow associates who have to pick up their slack. Staffing levels not adequate given that most accounts are being marketed annually, although it is admittedly difficult to find the right talent at certain levels. Commission compensation to individual producers seems excessive compared to base salaries of those managing their accounts. Internal certificate management system seems archaic.

Advice to Senior ManagementRequire "High Level" Senior Vice Presidents and Account Executives to have an understanding of internal systems, policies and procedures, and continue to improve internal educational opportunities for all. This can only happen if you adequately staff so that accounts can be handled to allow for some breathing room. License AMs. Prequalify clients so as not to waste resources on accounts better suited for a smaller agency.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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2 people found this helpful  

Lots of oppurtunity

Anonymous Employee (Current Employee)

I have been working at The Lockton Companies full-time for more than 3 years

ProsHardworking team, dynamic, open to suggestions on workflow and input on how to improve systems. Business is good and lots of accounts available.

ConsExpect long hours and travel, never say no to clients no matter the request...means workload can grow exponentially, quickly

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Quality Career Choice

Account Manager (Current Employee)
Saint Louis, MO

I have been working at The Lockton Companies full-time for more than a year

Pros401k Matching at 100% up to 6% base

ConsSome Managers are hit or miss

Advice to Senior ManagementContinue to keep changing/growing this has served them well by the flexibility driven from the top down.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good company, great culture, would recommend

Senior Account Executive (Current Employee)
Kansas City, MO

I have been working at The Lockton Companies full-time for more than 8 years

Prosgreat associates, good environment, incredible culture, very smart people

Conspay scale, succession planning, no incentive comp

Yes, I would recommend this company to a friend

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A great place to get your insurance feet wet

Account Administrator (Current Employee)
Kansas City, MO

I have been working at The Lockton Companies full-time for more than 5 years

ProsPositive atmosphere with plenty of growth potential. Management is involved in many details and the flow of work is constant.

ConsWorking on the plaza for some. Others might find that management does not challenge them to become a better professional.

Advice to Senior ManagementTreat associates as they do clients. There are times when they can lose site of what's important to the client comes at the expense of its associates.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Glassdoor is your free inside look at The Lockton Companies reviews and ratings — including employee satisfaction and approval rating for The Lockton Companies CEO John L. Lumelleau. All 24 reviews posted anonymously by The Lockton Companies employees.