Health & Benefits President
Chicago, IL - USA
Job Summary
About HUB
In a rapidly changing world HUB advises businesses and individuals on how to prepare for the unexpected. As one of the worlds largest insurance brokers our focus is dedicated to providing our customers with peace of mind that what matters most will be protected - through unrelenting advocacy and tailored insurance solutions that put our clients in control. Our growing team of professionals across North America represents a broad deep and one-of-a kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community.
Why Choose HUB
Throughout our network of more than 600 HUB offices in North America we offer a competitive exciting and friendly work environment that strategically positions our employees for longevity and success. At HUB we believe in investing in the future of our employees and provide continuous opportunities for growth and development. Our entrepreneurial culture fosters an environment that empowers our people to make the best decisions for our customers and organization focusing on expanding the industry knowledge of our insurance professionals to better serve our valued clients. We are committed to providing you with competitive and flexible benefits options that are rooted in your current needs yet evolve as your needs change over time. Join us in taking the first step toward creating a future that combines a diverse challenging work environment with financial security and career satisfaction.
About this Opportunity
The Health & Benefits (H&B) President is responsible for meeting overall retention and service targets for the EB Line of Business. Reporting to the HUB President this executive-level position is a strong client relationship manager and employee benefits expert. Further the role is responsible for maintaining and growing our carrier and vendor relationships. This role is highly visible within the Employee Benefits partnership with the EB Sales Leader for HUB MWW you will provide overall leadership for the Employee Benefits Line of Business.
We are the perfect fit if you:
Are seeking a progressive work environment at a rapidly growing organization
Have a desire to help others protect their future
Have an entrepreneurial spirit and are challenged by the opportunity to grow the business Are focused on learning and development to enhance your industry knowledge and expertise
Are a self-starter willing to invest time and energy to master the technical aspects of our business
Believe in integrity and building success by developing relationships with others
Want to drive strategic planning and influence development within a dynamic team
Can close deals and facilitate additional opportunities to support revenue growth
Are open for personal and career growth and love collaboration
In this role you will:
Lead the EB Leadership Team which consists of the operational leads business segment owners director of analytics. and other members of the team
Oversee full P&L accountability ensuring financial targets are achieved and aligning operational decisions with organizational strategy.
Direct annual budgeting and forecasting processes driving effective allocation of resources and cost management initiatives.
Lead capacity management strategies to optimize workforce planning service delivery and scalability in alignment with business demand.
Cultivate and strengthen high-impact relationships with carriers and marketplace partners to maximize value innovation and business growth.
Serve as an active member of the Executive Management Team (EMT) contributing to enterprise-wide strategy governance and organizational leadership.
Be accountable for retention and service (bonus set by cross-sell and account rounding)
Provide thought leadership for technical aspects of Employee Benefits
Implement best practices for account stewardship
Be responsible for recruiting onboarding training and managing EB service leaders
Go do the tough stuff and position your experts and resources to be the best for a client
Optimize workflows and staffing
Play a key role at finalist meetings as the EB Expert
Activate and strategically deploy specialty services and experts to win business secure existing accounts and evolve multi-year plans for our customers
Develop long-lasting relationships with carriers key vendor partners and other stakeholders and interface as needed to grow business and resolve issues
Coordinate team to deliver necessary shared services
Along with the EB Sales Leader co-own/manage the EB Budget for the region
Establish a positive service culture dependent on maximizing the strengths of each team member
Be responsible along with President and CSO for implementing and executing on the Critical Path Process (HUBs strategic account planning process)
Positively and proactively represent HUB in meetings seminars trade shows and networking events
Lead innovation and strategy for the overall practice to ensure continuous development of EB products and service offerings aligned with identified needs and future needs of EB customers
Perform other duties as assigned
What You Offer Us:
Bachelors degree in a related field or an equivalent combination of education certifications training and relevant professional experience that demonstrates the knowledge skills and abilities required for success in the role.
Life Accident and Health Insurance License required
10 years of experience within employee benefits human resources healthcare insurance or a related field
Be a hands-on manager who enjoys mentoring and direct management of staff
Proven client service record in retaining business and improving cross-sell results
Effective employee development procedures which address training processes and procedures E&O avoidance continuing education recruiting hiring and performance counseling
A consultative positive and resourceful approach to dealing with prospects clients and associates
An ability to help our business owners evolve our service and strategic delivery to move with changing markets. We support clients across all size segments including small group middle market and key accounts (national and international footprints) up to 10000 employees.
A passion to seek emerging strategies and vendors to support them
A drive to complement a strong team and supplement roles where needed
Ability to work with national accounts and companies with multi-national footprints
Strong Financial Statement and Budget Literacy to not only support the management of profit and loss but to communicate our value to financially-minded customers and vendors
Strong visibility within the communities we serve
Highly developed organization and time management skills
Excellent listening skills
Strong written verbal & interpersonal communication skills
Public speaking and presentation experience
Strong degree of self-motivation
Demonstrated ability to lead/motivate others
Influence and persuasiveness with the ability to partner across HUB and work well with segment and other practice leaders
Proficiency in MS Office
High attention to detail
Ability to travel up to 50% of the time (Most travel is a day trip within the state but there are times where you would be expected to support companies headquartered in other states)
What We Offer You:
A rewarding job that helps local businesses in the community
A work/life balance because thats important for all of us
Learn from the expertise of your coworkers
Growth- HUB is growing and so can your career
Be part of a motivated team
Medical/dental/vision/life insurance 401k matching program Health Savings Account funding and voluntary insurance options
Generous time-off policies (3 weeks of vacation Personal/Sick/Floating Holidays)
Additional benefits based on qualifications of applicant
The expected salary range for this position is $425000.00 to $450000.00 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 HAS and 401(k) accounts paid-time-off benefits such as vacation sick personal floating holidays and company addition eligible annual bonuses equity and commissions may be available for some positions.
Department Account Management & ServiceRequired Experience: 10-15 years of relevant experienceRequired Travel: Up to 50%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.
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Required Experience:
Chief
About Company
HUB International is a leading North American insurance brokerage that provides employee benefits, business, and personal insurance products and services.