Account Manager - NJ Large Group

Job not on LinkedIn

August 13

🏖️ New Jersey – Remote

Although this job is listed in New Jersey, this company may be open to hiring remote in other states.

💵 $54k - $105.5k / year

⏰ Full Time

🟠 Senior

🔴 Lead

💰 Account Manager

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Savoy Associates

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Savoy is a strategic partner specializing in general agency and consulting services. With more than 39 years’ experience, Savoy is a proudly independent boutique agency that provides a full suite of health and specialty benefits, individual health and life insurance, Medicare, a multichannel Contact Center, compliance and human resources services, technology, research, education, marketing and other innovative solutions through its offices in New York, New Jersey, Pennsylvania, Delaware and Florida.

51 - 200 employees

📋 Description

• Overview: As an Account Manager at Savoy Associates, you will work on our sales team, building and maintaining solid relationships with our agent and carrier partners, and assist in the overall growth of our organization. • How you'll make an impact: Sales Team Support • Present and participate in presentations to existing and prospective new brokers • Strategize on sales situations and facilitate solutions to complex problems • Assist with the overall growth of the region and company • Handle local markets for other regions and contribute to achieving overall goals • New Business Opportunities and Retention of Book of Business • Review, analyze and negotiate renewals with insurance carriers • Coordinate full RFP procedure with brokers and carriers. • Identify cross sell opportunities; efficiently process self-funded underwriting with carriers; become familiar with broker preferences and sustain exceptional partner and carrier relationships • Develop and provide presentations to brokers/clients to meet their company’s objectives with respect to the structure of their Employee Benefit Program for all employees including executives and key personnel; present plan design alternatives, cost sharing alternatives and contribution strategies – all within budget targets • Attend/Conduct Client Open Enrollment meetings as needed • Depending on the size of the client, provide, monthly, quarterly and/or annual claim reports and analysis; address all relevant matters as well as applicable financial data in quarterly meetings; recap past performance issues and identify future objectives – negotiate with the carrier to secure these reports as necessary • Be the expert on all carrier products for all lines of coverage for the local markets; communicate internally and with the broker community regarding new product and procedural changes • Oversee all carrier submission and installation requirements; maintain submission tracker of all cases throughout the set-up process; ensure all carrier checklists and forms are saved in shared files and up to date • Provide weekly status updates to manager and bring attention to any anticipated issues or delays before they escalate • Ensure all new cases and renewal changes are entered in sales software timely and accurately; provide split forms when applicable • Service Support • Handle service requests for brokers (corrections, claims, billing, plan change issues, etc.) • Acquire expected time frames and set the proper expectations with brokers and vendors • Complete any other projects or tasks as assigned • About You: BA/BS preferred but not required • 7-10 years of experience in group health insurance • Excellent Microsoft Office knowledge, specifically Excel and Outlook • NJ Life and Health Licenses is required • NY/PA/DE Life and Health License is preferred

🎯 Requirements

• BA/BS preferred but not required • 7-10 years of experience in group health insurance • Excellent Microsoft Office knowledge, specifically Excel and Outlook • NJ Life and Health Licenses is required • NY/PA/DE Life and Health License is preferred

🏖️ Benefits

• Medical/dental/vision plans, which start from day one! • Life and accident insurance • 401(K) and Roth options • Tax-advantaged accounts (HSA, FSA) • Educational expense reimbursement • Paid parental leave • Other benefits include Digital mental health services (Talkspace) • Flexible work hours (availability varies by office and job function) • Training programs • Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing • Charitable matching gift program • And more...