Account Executive
Account Executive
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$ 70000 - 95000
1 Vacancy
Job Description
About HUB:
HUB International Limited (HUB) is the 5th largest global insurance and employee benefits broker providing a broad array of property casualty risk management life and health employee benefits investment and wealth management products and services. With over 19000 employees in 750 offices throughout North America HUB has grown substantially in part due to our industry leading success in mergers and acquisitions
Account Executive Position:
General Purpose
Provides full service account management to clients in the Employee Benefit Department. 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. Can be 20 200 life groups.
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
- Conduct group enrollment meetings
- 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 plans 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 HUBs Agency Management System & data standards
Typical Additional Responsibilities
- Coordinate health fairs and wellness initiatives when requested by client
- Prepare claim utilization analysis on self funded and 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
- Experience working in markets not limited to NY/NJ a plus
- Excellent analytical & problem-solving skills
- Excellent verbal and written communications skills
- Excellent interpersonal skills
- Computer literate in Word Excel and PowerPoint
- Highly detail-oriented
- Ability to multi-task
- Must have valid Life and Health License
The expected pay range for this position is $70000 to $95000 and will be impacted by factors such as the successful candidates skills experience and work location as well as the specific positions business line scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance FSA HSA and 401(k) accounts paid-time-off benefits and commissions for some positions.
Department Account Management & ServiceRequired Experience: 5-7 years of relevant experienceRequired Travel: Up to 25%Required Education: Bachelors 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 veterans status or any other characteristic protected by local state or federal laws rules or regulations.
We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact the recruiting team. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.
Required Experience:
IC
Employment Type
Full-Time
