Account Executive – Employee Benefits

🔥 0 minutes ago

🏄 California – Remote

🏄 California – Remote

💵 $80k - $92k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🧑‍💼 Account Executive

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HUB International

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1998

💼 Consulting

🏥 Healthcare

🏨 Hospitality

Consulting • Healthcare • Hospitality

HUB International is a leading insurance brokerage firm that provides a wide range of insurance and risk management services. They offer personal and business insurance solutions, including employee benefits, retirement and private wealth management, and people and technology consulting. HUB International serves a diverse array of industries, including agriculture, construction, finance, healthcare, hospitality, real estate, and transportation, among others. Their services include claims management, risk management, and employee training and development. HUB International positions itself as a partner committed to supporting and protecting its clients.

📋 Description

• Manage assigned employee benefits book of business • Develop client relationships and deliver strategies to grow and retain clients • Develop and implement clients’ multi-year strategic plans with Producers • Support clients in managing health and welfare programs • Liaise between employer group administrators and insurance carriers • Maintain accurate account files and update HUB systems and agency management systems • Analyze and compare insurance plans for suitability • Advise clients on HUB resources, carrier/vendor offerings, and industry trends • Assist with billing issues, auditing, and reconciliation • Develop and communicate Market Analysis strategy; analyze results and negotiate with carriers • Ensure services are implemented according to project plans and deliverables meet quality standards • Coordinate client introductions and HUB Specialty Practice Teams • Gather data and prepare/conduct renewal, open enrollment, and post-renewal presentations • Lead implementation of new and renewal plans or programs • Resolve escalated complex service issues between clients and carriers • Manage enrollment processes and online enrollment systems • Partner with Producers on benefits strategy, program design, financial analysis, benchmarking, and funding alternatives • Prepare or peer review EB Comp Disclosure • Provide benchmarking and plan assessment data • Provide direction on contribution modeling with Business Analysts • Provide feedback to sales, account management, and marketing teams • Perform QA reviews of financial and communication materials • Maintain strategic planning, compliance calendars, and implementation timelines • Stay current on insurance industry changes and attend continuing education • Submit BOR letters and obtain carrier contracts, renewals, and benefit descriptions • Update open enrollment packets, plan documents, summary plan descriptions, and potentially 5500 filings • Work with Producers and HUB personnel on client service, marketing, and renewal activities • Perform other assigned duties and projects

🎯 Requirements

• High School Diploma / GED required; college degree strongly preferred • 5+ years of related benefit insurance industry experience (brokerage preferred) or equivalent combination of education and experience • Life & Health insurance License • Experience in managing wellness programs within large accounts preferred • Experience in self-funded account management preferred • Strong knowledge of employee benefits products and services • Knowledge of ACA, COBRA, and HIPAA legislation • Microsoft Office Suite, Outlook, and agency management systems • Ability to solve complex problems and implement solutions • Ability to prioritize and organize multiple tasks • Ability to communicate effectively and professionally with internal and external customers • Ability to develop and maintain strong client relationships • Ability to work effectively with insurance and service vendors • Ability to work effectively with a team and coach others • Ability to read, analyze, and interpret business periodicals, professional journals, technical procedures, and governmental regulations

🏖️ Benefits

• Health, dental, vision, life, and disability insurance • FSA and HSA accounts • 401(k) accounts • Paid-time-off benefits • Eligible bonuses, equity, and commissions for some positions • Continuous opportunities for growth and development • Competitive and flexible benefits options • Financial security and career satisfaction