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Lockton · 3 days ago

Associate Account Executive, Employee Benefits

Dallas, TX

Full-time

Onsite

Entry, Mid Level

3+ years exp

Lockton is a leading insurance brokerage firm, and they are seeking an Associate Account Executive to provide technical and operational support to clients and vendors. The role involves developing relationships, participating in strategic planning, and assisting with client communications and benefit plan management.

Auto InsuranceInsuranceRisk Management

H1B Sponsor Likely

Hiring Manager

Lisa Le

Responsibilities

Participate in discussions on strategic planning and consulting for overall plan strategy

Collaborate with clients to determine funding solutions, long range objectives and overall risk tolerance

Negotiate baseline quotes with carriers and make recommendations to plan design for smaller accounts

Handle day-to-day issues and questions of clients under team lead’s book of business

Participate in yearly renewals and open enrollment meetings by presenting marketing materials and benefit changes to clients

Assist with the production of Request for Proposals (RFP’s) by coordinating vendor responses, analysis and comparison of internal responses, and preparing client report recommendations

Facilitate quotes, amendments and reinstatements as requested or needed

Interprets clients’ current coverages and identifies/recommends gaps, alternatives, additional plan design changes, etc

Develop financial models and reports for client service team, provides interpretation and implication of recommended alternatives

Assist in developing an implementation plan to include coordination of OE meetings and other key deliverables

Collaborate with Marketing to create communications such as OE guides, fliers and presentations

Collaborate with team to ensure proper review of all agreements and/or documents

Conduct industry specific surveys as may be requested by client

Participate in client meetings to review a) large claims b) abnormal utilization results c) monthly claims experience d) set strategies and goals e) conduct on-site claim visits

Research and understand industry trends and carrier product offerings by facilitating meetings with vendors on new products

Maintain knowledge of governmental compliance and regulations to educate and consult client(s) by partnering with internal legal counsel

Other responsibilities as assigned and/or needed

Qualification

Employee benefits experienceFinancial arrangements knowledgeClient relationship managementOpen enrollment experienceMicrosoft Office SuiteOrganizational skillsCommunication skills

Required

Bachelor's Degree in a business-related field or equivalent years of experience

A minimum of 3 years of experience in the insurance industry, specifically in employee welfare benefits

Strong knowledge of differing financial arrangements and products available to clients (i.e. fully-insured, self-insured, minimum premium, ASO)

Experience conducting open enrollment benefits meetings

Strong working knowledge and experience with a broker and/or employee benefits industry

Ability to interact with vendors and clients by building strong relationships and effectively managing plan strategies

Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)

Excellent organizational and communication skills

Company

Lockton

Glassdoor4.0

Lockton provides risk management and insurance services.

Founded in 1966

Kansas City, Missouri, USA

10001+ employees

https://www.lockton.com/offices/uk

H1B Sponsorship

Lockton has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2023 (1)