Great Benefits, Training, & Culture but Below Average Salary - Account Administrator Lockton Companies Employee Review

4.0
25 Mar 2016
Recommend
CEO approval
Business outlook

Pros

GREAT benefits. 10 days of paid vacation, 10 days of PTO, 2.5 personal days, 10 paid national holidays and one optional holiday. After 3 years you get 15 days of paid vacation. Employees also get 11 weeks of paid parental leave. Lockton also offers a variety of insurance plans from health, vision, dental, life, disability, and several others. They also match up 6% for a 401K. While there is no tuition reimbursement plan they do pay for industry related education and are investing heavily in associate development and training. You will get no better training anywhere else in KC. So there are a lot of good benefits to take advantage of.

Cons

Depending on which unit you are in has the biggest impact on ability to grow with in the company. Another con is the salary for entry level positions, which ranges between $30-$35K. The pay is well below average than what other companies pay for entry level positions. That being said, they do spend quite a lot on developing their associates, but even with that being taken into account the salary is still not competitive, and it will be several years of below average salary before you are getting paid close to market rate. So if you are in a good unit and have opportunity for growth it might be worth the wait to stick it out even with below average pay, but if you are not in a good unit that is growing, stay for a year or two and go get paid $15K-$20K more at any other broker in town or insurance company.

Explore other reviews about Lockton Companies

5.0
26 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great people and culture at Lockton

Cons

Nothing at this time that I see

5.0
29 May 2026
Recommend
CEO approval
Business outlook

Pros

A true “team effort” environment. I think it really depends on who your team lead is and the dynamic of the group you work with. You will get a ton of experience fine tuning skills as they provide constant trainings and resources to learn. Decent pay when compared to competitor companies and great 401k plan. Plenty of company and marketing events. Hybrid work is great. Again to preface, who you work with can make or break the atmosphere, but everyone I’ve met has been extremely nice and willing to help. Opportunities to grow within the company.

Cons

Health benefits could be better. Company is really pushing new business and there can be a lot of work and last minute fires to put out that can feel daunting. There have been quite a few times I’ve worked late into the night to get things wrapped up. You need to self organize or things can easily fall through the cracks very quickly. A lot of meetings that can take up a majority of your day - leaving less time to get actual work done.

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