Employee Benefits Account Executive

About This Role

Manage a book of business, policy quotes, and act as a carrier liaison for assigned employee benefits clients. You will regularly interact with new and existing clients, devising creative solutions for coverage and costs.

Responsibilities

• Guide clients and internal team members on compliance and regulatory policies to meet industry standard requirements
• Provide monthly claim reports from carriers to all clients
• Oversee the status of wellness strategy and programs for clients
• Review the open enrollment process and ensure proper changes, financial and annual review
• Support clients with renewal and insurance communication for employees
• Assist with escalated client issues and partner with claims department when necessary
• Partner with the legal team to communicate changes or updates per regulatory requirements
• Request and monitor the census report from the Marketing team to complete the underwriting questionnaire
• Meet regularly with brokers to keep up with industry standards, insurance products, current rates, coverages, policies, and carriers
• Develop and cultivate relationships with producers, company underwriters, and wholesale brokers
• Manage RFPs, non-renewals, and cancellation requests to retain business where appropriate
• Strategically guide the client through the decision-making process
• Establish multi-year strategic plan development and present to client/group
• Manage the financial information and be responsible for renewal negotiation
• Prepare and present renewals by partnering with the internal Marketing team

Requirements

• 4+ years of large complex employee benefits experience within an insurance related industry
• Emphasis on Self-Funded, Level Funded and Large Group Clients
• Current Insurance License in Health and Life for the state in which your agency office is located
• Strong computer skills
• High level of comfort in a virtual work setting
• Strong knowledge of Microsoft Office products
• Excellent verbal and written communication abilities

Qualifications

• Bachelor’s degree in business or related field of study or equivalent experience
• Minimum 4+ years of large complex employee benefits experience within an insurance related industry with an emphasis on Self-Funded, Level Funded and Large Group Clients.

Nice to Have

• Ability to work toward professional designation

Skills

* Required skills

Benefits