Job Description

Employee Benefits Account Executive

Job Summary

Are you an experienced insurance professional with employee benefits expertise? If so, a growing agency is currently seeking an Employee Benefits Account Executive to join their team. If you're looking for a dynamic role that combines strategy, client interaction, and the chance to make an impact in the insurance world, this may be the opportunity you've been waiting for.

Responsibilities

• Manage a diverse portfolio of accounts, ensuring client satisfaction and retention.
• Cultivate strong relationships with clients, serving as their trusted advisor on employee benefits solutions.
• Establish and nurture strong relationships with insurance carriers and vendors.
• Collaborate with team members to manage client relationships and service activities.
• Assist clients with understanding policies, resolving issues, and managing benefit programs.
• Design, implement, and manage employee benefit programs in alignment with client objectives.
• Conduct needs analysis, strategy calls, enrollment meetings, and renewal processes.
• Model benefit contributions to reduce costs while ensuring compliance with regulations.
• Coordinate RFP process, prepare proposals, and ensure compliance with legislative changes.
• Stay updated on emerging trends, best practices, and regulatory changes within the insurance industry.
• Advocate for clients on claims and carrier relations while maintaining confidentiality.
• Serve as a mentor to junior team members, providing guidance and support to foster their professional development.

Qualifications/Requirements

• Excellent presentation, verbal, and written communication skills.
• Solid knowledge of group health and welfare benefit plan coverage.
• Understanding of current legislation, rules, laws, and regulations related to insurance and benefits.
• Thorough knowledge of insurance products and coverage, as well as health and ancillary products.
• Solid knowledge of insurance plans, underwriting principles, selection, pricing, rating, and premium calculation.
• Knowledge of rating procedures, coverage, and industry operations to manage and maintain accounts.
• Ability to work with clients at a strategic level.
• Strong organizational skills and attention to detail.

• Holds an active Life and Health (L&H) Insurance License.
• Demonstrated proficiency in Microsoft Office products.
• Preferred Agency Management System Experience: Applied EPIC
• At least 2 years of experience in an Employee Benefits Account Executive role – required.
• At least 5 years of experience in Employee Benefits within an agency setting – required.
• Holds at least one professional designation or has comparable job experience.
• Above average computer skills with the capacity to master essential software programs.
• Proven track record of success in a client-facing role within the insurance industry.
• Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities.

Compensation Package

• Excellent opportunities for professional growth and advancement.
• Competitive compensation: $100K+ (depending on experience)
• Paid time off and company holidays.
• Comprehensive benefits package, including health, dental, vision, 401(k), and more.
• Hybrid work schedule available.

Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.

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