Employee Benefits Account Manager Job Description Template
Our company is looking for a Employee Benefits Account Manager to join our team.
Responsibilities:
- Assist in developing marketing, renewal, and new business strategies to optimize Provant’s position in the market;
- Prepares master group files, client contact sheet, and maintains carrier files;
- Orders supplies from carriers, and reviews for accuracy;
- Work collaboratively and professionally with all carrier partners and vendors to enhance our reputation in the marketplace;
- Installs and regularly updates client specific data in BenefitPoint;
- Provide mentorship with Account Administrator/Assistant Plan Analyst were applicable;
- Attends industry related continuing education training and courses;
- Prepare renewal and new business proposals, presentation materials and supporting documents as necessary;
- Maintain ownership of the agency management system (documents, emails, phone calls, contracts, internal processes and procedures, etc.);
- Facilitates 5500 preparation;
- Possess strong knowledge of the Provant resources and tools available to best serve our clients;
- Perform routine review and analysis of documentation, insurance applications and policy issuance files for accuracy and completeness;
- Maintain awareness of market conditions, changes, and current legislation;
- Service a book of business with revenue of at least $500,000 in annualized commission and fees;
- Service a book of business with a minimum of 30 accounts.
Requirements:
- Must be able to work in a fast paced environment;
- The candidate has a sense of urgency and takes pride in their work;
- Understand and analyze insurance coverage’s, forms, and policies;
- Experience in level-funding, self-funding, and alternative funding strategies preferred;
- Ability to discern and prioritize with clients, colleagues, and insurance carrier representatives;
- Work with little or no supervision;
- Strong oral and written communication skills;
- Organize, set, and maintain priorities;
- Be self-motivated and goal oriented;
- College Degree required;
- Assist in developing marketing, renewal, and new business strategies to optimize Provant’s position in the market;
- Process membership, plan changes, contract changes with appropriate carriers;
- Service a book of business with a minimum of 30 accounts;
- Develop formal proposals of insurance including details of coverage, limits, deductibles and other pertinent information;
- Service a book of business with revenue of at least $500,000 in annualized commission and fees.