Employee Benefits Senior Account Executive Middle & Large Group
Share
Job Location:
Monthly Salary:
Posted on:
8 hours ago
Vacancies:
1 Vacancy
Job Summary
Company Overview
World Insurance Associates (World) is a unique financial services organization with a global network of brokers and specialists who empower people to make informed decisions to improve their risk management outcomes modernize their benefits programs and help them achieve their long-term financial goals.
Founded in 2011 World is one of the fastest-growing Top 25 insurance brokers in the U.S. with nearly 3000 employees in more than 300 offices across North America and the U.K. World specializes in personal and commercial insurance surety and fidelity bonding employee and executive benefits investment advisory and retirement plan services and payroll & HR solutions.
Position Summary
Primary Responsibilities
Work Experience
Knowledge Skills and Abilities (Expert)
People Management
Professional Licenses/Certifications
Education
Physical Demands
Office work involves working at a desk most of the time using a stand-up/sit-down adjustable desk. Exerting up to 10 pounds of force occasionally and/or negligible amount of forcefrequentlyto lift carry push pull or otherwise move objects. Typing grasping and repetitive motion typically isrequiredevery day and walking and standing arerequiredoccasionally.
Equal Employment Opportunity
At World Insurance Associates (WIA) we celebrate and support our differences. We know employing a team rich in diverse thoughts experiences and opinions allows our employees our products and our community to flourish. WIA is honored to be an equalopportunityworkplace. We are dedicated to equal employment opportunities regardless of race color ancestry religion sex national orientation age citizenship marital status disability gender identity sexual orientation or Veteran addition WIA makes reasonable accommodationsto knownphysical or mental limitations of an otherwise qualified applicant or employee with a disability unless the accommodationwould imposean undue hardship on the operation of our business.
To Executive Search Firms and Staffing Agencies
World does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Worlds property and World will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Worlds Human Resources Talent Department.
#LI-MA1
#LI-Hybrid
World Insurance Associates (World) is a unique financial services organization with a global network of brokers and specialists who empower people to make informed decisions to improve their risk management outcomes modernize their benefits programs and help them achieve their long-term financial goals.
Founded in 2011 World is one of the fastest-growing Top 25 insurance brokers in the U.S. with nearly 3000 employees in more than 300 offices across North America and the U.K. World specializes in personal and commercial insurance surety and fidelity bonding employee and executive benefits investment advisory and retirement plan services and payroll & HR solutions.
Position Summary
- Independently leads client strategy and service on the largest and most complex clients across thecompanya typical client generates over $100k in annualized are often self-funded with 500 enrolled EEs.
- Creates multiple opportunities to engage and diagnosehighly complexneeds proactively anddeterminesstrategic direction to meet the clients evolving needs andsells all of World. Seen as industry leader and engaging speaker at internal and external conferences and seminars.
- Assignedbook isbetween $1.5M to $5M in EB rev.
Primary Responsibilities
- Lead clients through the development of amultiyearstrategic plan that includesindustry leadingsolutions and program recommendations.
- Lead with expert knowledge and input on benefit plan design strategy rate analysis RFP process carrier negotiations and carrier contract reviews.
- Present financial story around plan performance through dashboardsbenchmark and stewardship reporting providing actionable insights and recommendations.
- Develop and lead carrier and vendor implementation project plans
- Oversee development and preparation of OE/Benefit communications materials andBenAdminTechnology where applicable
- Develop and execute Annual Service Plan; lead client touch points track open items and deliver notes to client (includes compliance needs including 5500filing Medicare Part D Disclosures Reporting HIPAA ERISA COBRA)
- Engage with clients to educate on market trendscarrierand vendors solutions EBSMEand World capabilities (not just day-to-day service)
- Manage vendor/carrier performance and escalated service issues
- Finalize and deliver Stewardship report and messaging
Work Experience
Knowledge Skills and Abilities (Expert)
- Plan design (e.g. VBD RBP PBM) underwriting fundingconceptsand external third-party products/solutions beyond traditional insurance products.
- Carrier negotiations with clients with large andhighly complexclients
- Executive presence with polished communication/presentation skills with the ability to influence key decision makers.
- Project planning and management around renewal. carrier implementation open enrollment vendor implementation etc.
- WordExceland Power data usingadvanceformulas create charts and graphs and use templates and design elements effectively.
- World EB large market / self-funded analytics tools models and capabilities.
People Management
- May act as Team Lead to client service delivery colleagues.
- Promotes an effective team environment through clear communication of assignments and provision of feedback. Acts as mentor effectivelydemonstratesleadership attributessharesexpertise. May select train and evaluate other team members.
Professional Licenses/Certifications
- Must hold state life and health insurance license
Education
- Bachelors degree preferred butequivalentworkexperience would be considered
Physical Demands
Office work involves working at a desk most of the time using a stand-up/sit-down adjustable desk. Exerting up to 10 pounds of force occasionally and/or negligible amount of forcefrequentlyto lift carry push pull or otherwise move objects. Typing grasping and repetitive motion typically isrequiredevery day and walking and standing arerequiredoccasionally.
Equal Employment Opportunity
At World Insurance Associates (WIA) we celebrate and support our differences. We know employing a team rich in diverse thoughts experiences and opinions allows our employees our products and our community to flourish. WIA is honored to be an equalopportunityworkplace. We are dedicated to equal employment opportunities regardless of race color ancestry religion sex national orientation age citizenship marital status disability gender identity sexual orientation or Veteran addition WIA makes reasonable accommodationsto knownphysical or mental limitations of an otherwise qualified applicant or employee with a disability unless the accommodationwould imposean undue hardship on the operation of our business.
To Executive Search Firms and Staffing Agencies
World does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Worlds property and World will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Worlds Human Resources Talent Department.
#LI-MA1
#LI-Hybrid
Required Experience:
Senior IC
Key Skills
- Abinitio
- Customer Service
- Business Solutions
- Cost Estimation
- Drafting
- Activex
About Company
Get the most cost-effective personal and business insurance solutions from a team of knowledgeable advisors with access to dozens of markets.
