Employee Benefits Account Executive

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profile Job Location:

Coral Gables, FL - USA

profile Monthly Salary: Not Disclosed
Posted on: 15 hours ago
Vacancies: 1 Vacancy

Job Summary

ABOUT HUB INTERNATIONAL:

HUB International Limited (HUB) is one of the 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 21000 employees in 600 offices throughout North America HUB has grown substantially in part due to our industry leading success in Mergers and Acquisitions.

WHAT WE OFFER YOU:

At HUB we believe in investing in the future of our employees. Our entrepreneurial culture fosters an environment of open feedback and improvement that empowers our people to make the best decisions for our customers and organization. We offer:

  • 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 thats 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

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.

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. Will then work with carriers to quote coverage through 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 and assigned leads and contributes to meeting departmental production goals. Identifies opportunities for cross-sell and up-sell of other HUB products and services where appropriate.
  • Appropriately documents conversations with clients and carrier representatives and updates all HUB computer systems and automated agency management systems when necessary. Ensures the accuracy of data in those systems.
  • Possesses mastery of the various HUB and industry resources and tools that are available and utilizes same to best serve clients
  • Travels on company business as required.
  • Prepares reports for management as required.
  • Attends industry related continuing education training and courses.
  • Performs other duties and projects as assigned.

To perform this job successfully the incumbent must be able to perform each essential duty in a satisfactory requirements listed are representative of the knowledge skills and/or abilities accommodations may be made to enable individuals with disabilities to perform the essential qualifications are considered without regard to race religion color sex national origin disability or any other characteristic protected by federal state and local this position requires licensing or certification the incumbent must maintain that license or certification by meeting all continuing education and other requirements.

REQUIREMENTS:

  • 7 years of experience and demonstrated proficiency in an insurance Employee Benefits Account Management role in required lines is preferred. Brokerage experience is preferred
  • Excellent customer service analytical problem solving and conflict resolution skills
  • Demonstrated proficiency with computer systems including but not limited to Microsoft Office and automated agency management systems
  • Leadership experience and independent responsibility for client retention preferred
  • Ability to lead and influence in a team environment
  • Ability to work a regular full-time work schedule at HUBs facility(s) and willingness to travel on business when required

EDUCATION LICENSING OR CERTIFICATION REQUIREMENTS

  • High School Diploma or equivalent required; College Degree preferred
  • Currently licensed in good standing in required lines and states with all necessary CE credits
  • Advanced professional designation highly desirable (e.g. AAI ARM CIC)

PHYSICAL DEMANDS

The physical and environmental demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

While performing the duties of this job the employee is regularly required to sit; use hands to finger handle or feel and talk or hear. The employee must occasionally lift and/or move up to 10 vision abilities required by this job include close vision and ability to adjust focus.

Department Account Management & Service

Required Experience: 7-10 years of relevant experience

Required Travel: Up to 25%

Required Education: High school or equivalent

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.

E-Verify Program

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

ABOUT HUB INTERNATIONAL:HUB International Limited (HUB) is one of the 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 21000 employees...
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Key Skills

  • Business Development
  • Customer Service
  • Revenue Growth
  • ABC Analysis
  • Account Management
  • Communication
  • CRM
  • Excel
  • Salesforce
  • PMP
  • Customer Relationships
  • Business Relationships
  • Sales Goals
  • Sales Process
  • CPA

About Company

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HUB International is a leading North American insurance brokerage that provides employee benefits, business, and personal insurance products and services.

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