Employee Benefits Account Executive

Employee Benefits Account Executive SUMMARY: The Employee Benefits Account Executive leads the overall service, recommendations, and implementation of a book of insurance business. The job requires a high degree of independent discretion, autonomy, and decision‑making based on industry knowledge and experience to provide professional guidance, expertise, and service to clients, professional and collaborative relationships with carrier representatives, underwriters, business partners, and HUB colleagues. Responsible for business development and sales with new and existing clients. What we offer you Competitive salaries and benefits offerings Medical/dental/vision insurance and voluntary insurance options Health Savings Account funding 401k matching program Company paid Life and Short‑Term Disability Plans Supplemental Life and Long‑Term Disability Options Comprehensive Wellness Program Generous PTO Package – Vacation, Holiday, Sick, and Personal Time Off Great work/life balance because that's important for all of us! Focus on creating a meaningful environment through employee engagement events The ability to be a part of a motivated, winning team with the opportunity to learn from colleagues who are amongst the top talent in the industry! Growth potential – HUB is constantly growing and so can your career! A rewarding career that helps local businesses in the community Strong community support and involvement through HUB Gives Essential Duties and Responsibilities Manages an assigned book of business which is comprised of key and high revenue‑producing accounts, all of which have a significant impact on the business operations of the client and on HUB. Lead and develop a team of Account Managers and Account Associates. Identify skill gaps and work with Practice Leader to identify training and development to address the gaps. Utilizing industry experience and in-depth knowledge of insurance markets, policy provisions, claim processes, business environment, and risk mitigation, applies independent and discretionary judgment to make decisions independent of manager approval on books of insurance business for which the incumbent is responsible. These include non‑routine coverage issues and questions, denial of claims, renewal strategies for key accounts, and interpretation of non‑routine provisions of insurance contracts. Acquires understanding of clients' business and insurance objectives and critically analyzes and compares insurance plans to determine suitability. When counseling clients on appropriate coverage, will assess risks based on clients' situation and determine proper coverage to insure and mitigate those risks. Builds strong relationships with internal customers (producers, marketing, customer service, and claims) as well as our external trading partners. Negotiates terms, conditions, and pricing directly with insurance carriers, in conjunction with the Marketing Team. In situations where special carrier programs are available, determines if those programs are appropriate for particular clients. Then consults with clients on the benefits of those programs and works with carriers to quote coverage through the appropriate program. Leads resolution of escalated complex service issues between clients and insurance carriers that require policy interpretation and experience‑based judgment to resolve. Leads client meetings (including renewal meetings), independent from producer or manager as needed. Supports, mentors, and trains Account Managers and Account Representatives, as necessary. May oversee functions performed by Account Managers and Account Representatives, including approval of renewal strategies and resolution of client and carrier issues. Seeks continued knowledge and stays abreast of changes in the insurance industry and other external conditions that may impact their clients. Makes appropriate recommendations to clients in response to those changes independent of manager approval. Leads all aspects of client service, marketing, and renewal of book of business. Uses judgment and creativity based on industry experience to produce favorable results and solutions to address clients' insurance needs. Responsible for overall retention of accounts in assigned book of business. Develops new business from existing accounts. #J-18808-Ljbffr