Account Manager, Employee Benefits Insurance
Account Manager, Employee Benefits Insurance
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$ 50000 - 55000
1 Vacancy
Job Description
About Strategic Benefits Resources:
Strategic Benefit Resources is a wholesale employee benefits agency specializing in self-funded health plan consulting and ancillary benefits. With strong carrier and vendor relationships extensive industry expertise and proprietary analytics we provide comprehensive outsourced insurance services curated to the needs of our partners.
Strategic Benefit Resources partners with employee benefit advisors third party administrators and other intermediaries to provide customized outsourced stop-loss insurance services specialized self-funded health plan expertise and unique technology-driven solutions.
This is all achieved through strong stop-loss carrier and vendor relationships extensive industry expertise and proprietary risk analysis and decision support tools.
Position Overview
The Account Manager plays a critical role by managing stop-loss insurance policy implementations and administration and will support an assigned Producer Team and/or Teams. This position entails developing and maintaining strong relationships with insurance brokers (and their clients) and ensuring they receive the best possible service. The ideal candidate should have a solid understanding of Employee Benefits Programs (and/or the Insurance industry) effective communication skills and the ability to navigate multiple implementation projects. You will develop your expertise in stop-loss implementation and products and enhance your communication skills through hands-on experience and mentorship.
Key Responsibilities
Oversee the implementation and administration of stop-loss insurance policies ensuring accuracy with sold terms and conditions
Develop and maintain strong relationships with brokers and clients understanding their specific needs and providing tailored implementation and service solutions
Assist the Producer Team/Teams by managing a block of business of approximately 125 accounts and policy implementations
Address client inquiries and concerns promptly and professionally ensuring high levels of customer satisfaction
Manage multiple tasks and deadlines efficiently ensuring timely delivery of services
Collaborate with team members on best practices
Develop a solid understanding of stop-loss insurance products and market trends
Assist in the execution of company initiatives
Other duties as required by clients business needs and/or assigned by Management
Knowledge and Skills
Strong time management organizational and problem-solving skills
Effective communication presentation and interpersonal skills
Proficiency in customer relationship management (CRM) software and Microsoft Office Suite
Effective negotiation skills and a willingness to learn and grow
Interest in stop-loss insurance products
Understanding of stop-loss policy life cycle including but not limited to pre-sale post-sale/implementation and premium and claims administrative processes
Diligent attention to detail and accuracy
Preferred Qualifications
College Degree or equivalent job experience
2 years of experience working with Employee Benefits Programs in a brokerage firm or equivalent setting within the Insurance industry
Proficient understanding of Employee Benefits Programs and/or within the Insurance industry
Prior experience in a similar client-facing role within the Insurance industry
Applicable state life and health license or ability to obtain within 12 months of hire
Awareness of regulatory requirements and compliance standards related to the Insurance industry
Disclosure required under applicable state or municipality regulations: The expected salary range for this position is $50000 to $55000 and will be impacted by factors such as the successful candidates skills experience and working 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 eligible bonuses equity and commissions for some positions.
#SPG
Department Account Management & ServiceRequired Experience: 2-5 years of relevant experienceRequired Travel: Up to 25%Required Education: Associate degree (2-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.
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Required Experience:
Manager
Employment Type
Full-Time
