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HUB International · 1 day ago

Account Executive - Employee Benefits

Berkeley Heights, NJ

Full-time

Onsite

Senior Level

$54.95/hr - $63.19/hr

5+ years exp

HUB International is a leading insurance brokerage firm that empowers its employees to make an impact. The Account Executive in the Employee Benefits team is responsible for managing client accounts, resolving issues, and designing benefit plans to meet client needs.

Financial ServicesInsuranceInsurTechRisk Management

Responsibilities

Day to day contact for client

Develop strong relationships

Resolve claims and administrative issues (yours and Senior AE book)

Act as liaison with insurance carriers and as an advocate for clients (yours and Senior AE book)

Design benefit plan in conjunction with client needs and financial resources

Process renewals, including competitive bidding, providing cost effective plan design alternatives and employee contribution scenarios

Prepare spreadsheets and renewal presentations as appropriate (yours and Senior AE book)

Prepare summary plan descriptions and other employee communication materials

Provide client with periodic financial reports (monthly, quarterly, or annually, as provided by insurer) to assess plan’s performance and as a tool for renewal planning

Coordinate timely delivery of Schedule A information for 5500 preparation, as appropriate

Maintain & manage client information through HUB’s Agency Management System & data standards

Coordinate health fairs and wellness initiatives when requested by client

Prepare claim utilization analysis on self funded and large fully insured clients, as appropriate (yours and Senior AE book)

Secure stop-loss coverage for self-insured clients, as appropriate

Qualification

Account managementEmployee benefits knowledgeAnalytical skillsCommunication skillsMicrosoft WordMicrosoft ExcelMicrosoft PowerPointMulti-taskingInterpersonal skillsDetail-oriented