Benefits Market Leader

Benefits Market Leader

Insurance - Retail Brokerage/Agency
Employee Benefits (Benefits)
Work at Home or Office (Remote/Hybrid)
Reference ID: MGMTGC-49

An insurance brokerage provides services and specialties like property, casualty, risk management, life and health, employee benefits, investment, and wealth management products and services.

Position:

The Employee Benefits Benefit Market Leader works collaboratively with the Producers and Account Executives to manage the Benefits business. They provide technical support that requires a thorough understanding of employee benefits, the ability to think critically and provide strategic direction, the application of advanced math and Excel skills, and establishing and maintaining great collaborative relationships.

Remote/Hybrid

Responsibilities:

• Function as the subject matter expert in strategy meetings with Account Executives and Producers.
• Develops and communicates strategy for RFPs, results, and reports to carrier partners/vendors.
• Interprets client's needs and makes recommendations on the direction of RFP and contribution analysis.
• Understand and analyze the respective markets and products to find the best solutions to meet clients' needs.
• Examines benefits and claims data for inclusion in RFPs, organizes carrier & vendor bids received, and follows up on non-responses and late submissions.
• Negotiates, when necessary, with carriers throughout the RFP process.
• Addresses carrier questions during the RFP process and advises carriers on the client benefit strategy.
• Conduct claims analysis and contribution modeling.
• Interprets census data and evaluates it for accuracy.
• Communicates with Account Executives and Producers on the status of marketing activity.
• Reviews insurance bids to comply with specifications, identify critical differences in proposals, and maintain client databases within internal systems.
• Creates and updates templates used during the strategy and marketing process.
• Adds to and maintains client access to external online portals.
• Provides training as a subject matter expert to other Client Services team members on various topics.
• Manages and assists with client-related service issues

Factors for Success:

• 4+ years related benefits experience or equivalent combination of college work and work experience
• High School Diploma - Bachelor's Degree preferred
• Demonstrated computer proficiency to include intermediate knowledge of Microsoft Office with advanced skills in Excel - Knowledge of Project Management software and Database software is a plus.
• Must hold a valid CA Life Agent license or will obtain within six months of hire
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
• Demonstrated math aptitude, including the ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages

They offer competitive compensation and a comprehensive benefits package, including:

• Medical/dental coverage
• Retirement Plan with 50% company match (first 6% of contribution)
• Vacation/holiday pay
• Medical and dependent care flexible spending accounts

Click here to view job online

Department Account Management & Service
Required Experience: 2-5 years of relevant experience
Required Travel: No Travel Required
Required Education: Diploma