Account Executive - Employee Benefits
$43.96 - $49.45 per hourSquaremouth Inc
Account Executive
Provides full-service account management to clients in the Employee Benefit Department. Independently manages accounts for all health and welfare plans including medical, dental, short and long term disability, vision, life/AD&D, travel accident, voluntary benefits and long term care. They can be groups of 75-200 lives.
Core Responsibilities:
- Day to day contact for client
- Develop strong relationships
- Resolve claims and administrative issues
- Act as liaison with insurance carriers and as an advocate for clients
- Design benefit plan in conjunction with client needs and financial resources
- Process renewals, including competitive bidding, providing cost effective plan design alternatives and employee contribution scenarios
- Prepare spreadsheets and renewal presentations as appropriate
- Prepare summary plan descriptions and other employee communication materials
- Provide client with periodic financial reports (monthly, quarterly, or annually, as provided by insurer) to assess plan's performance and as a tool for renewal planning
- Coordinate timely delivery of Schedule A information for 5500 preparation, as appropriate
- Maintain & manage client information through HUB's Agency Management System & data standards
Additional Responsibilities:
- Coordinate health fairs and wellness initiatives when requested by client
- Prepare claim utilization analysis on self funded and large fully insured clients, as appropriate
- Secure stop-loss coverage for self-insured clients, as appropriate
Knowledge/Skills & Abilities Required:
- College degree or equivalent work experience
- Minimum of 5 years experience in brokerage, consulting, insurance company, or corporate benefits environment
- Excellent analytical & problem-solving skills
- Excellent verbal and written communications skills
- Excellent interpersonal and customer service skills
- Highly detail-oriented
- Ability to manage multiple responsibilities in a deadline driven environment
- Proficiency with MS Office Suite
- Valid Life & Health License
- Ability to travel as needed
The expected salary range for this position is $43.96/hr to $49.45/hr and will be impacted by factors such as the successful candidate's skills, experience and working location, as well as the specific position's business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages: health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions.
Department: Account Management & Service
Required Experience: 5-7 years of relevant experience
Required Travel: Negligible
Required Education: Bachelor's degree (4-year degree)
HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.
$43.96 - $49.45 per hour
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