Group Benefits Account Executive Insurance Job

North Suburbs of Chicago, IL

 

Insurance Job Description

Our client is a large, independent agency with an impeccable reputation based on the tenure and national exposure of their senior leadership. The company's group benefits division is such a strong portion of the agency's identification the client service practice is structured like a consulting firm. As Group Benefits Account Executive you will be relied upon for insight and broad knowledge of health and welfare plans. The successful candidate will have the ability to fully understand complex self-funded medical programs, identify gaps in coverage and consult and advise with clients on appropriate solutions enabling them to achieve their long term strategy. Additionally, you'll serve as a team leader setting expectations and holding account managers accountable for retention and performance.                   

Group Benefits Account Executive Responsibilities

  • Coordinate, develop and execute project plans as well as periodic presentations for specific client groups.

  • Develop and manage long and short range benefit strategies for clients; foster strong client relationships.

  • Develop and mentor junior members of the team.

  • Manage RFP, renewal, and implementation processes.

  • Benchmark survey data for client plans, summarize and validate reviewed information.

  • Develop and maintain strong vendor relationships.

  • Identify and understand negotiable elements of underwriting calculations for all lines of coverage.  Exercise peer group and/or management review in this process periodically.

  • Manage post-implementation process for all lines of coverage.

  • Contribute toward company sales initiatives and support revenue management.

Group Benefits Account Executive Qualifications

  • 7-10 years experience as a Senior Consultant, Client Service Executive in the group employee benefits insurance industry.  Must offer detailed agency/brokerage experience with a thorough understanding of all benefit plans (medical, dental, life, STD, LTD, etc) design, rate structures, funding alternatives and compliance requirements.

  • Excellent communication and presentation with advanced writing skills.

  • Proficient in all areas of Health & Welfare compliance (i.e. HIPAA, FMLA, COBRA, 5500, DOL, etc).

  • College degree and CEBS Certification or other industry recognized designations preferred.

  • IL L&H Licensure or commitment to obtaining shortly after hire date.

  • Ability to work effectively and collaboratively with all levels of internal staff & management, external clients, prospects and vendors; leadership and mentorship qualities.

Please contact Scott Thompson for immediate confidential consideration and additional details. If you would like to submit your resume for this insurance job, please click HERE and attach your resume as a Microsoft Word document.

Capstone Insurance Search Group is a search firm dedicated to the insurance industry. We work nationally with expertise that spans top executives, middle management and technical level positions. We can provide assistance with a variety of product lines to include Property and Casualty, Life, Health, Disability, Annuity and Pension. We will provide you with a service that is of the highest degree of confidentiality, professionalism and integrity.