Account Executive

We currently have an opportunity for an Account Executive to join our Employee Benefits team in our Bryant Park, NY office on a Hybrid work schedule.

General Purpose

Provides full-service account management to clients in the Employee Benefit Department. Manages a small book of accounts for all health and welfare plans including medical, dental, short and long term disability, vision, life/AD&D, travel accident, voluntary benefits, etc. Also assist Senior Account Manager/Team Lead on higher-end tasks and occasionally Benefit Point.

Core 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
Typical Additional Responsibilities

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
Knowledge/Skills & Abilities Required

College degree or equivalent work experience
Life, Accident & Health License
Minimum of 5 years experience in brokerage, consulting, insurance company, or corporate benefits environment
Excellent analytical & problem-solving skills
Excellent verbal and written communications skills
Excellent interpersonal skills
Computer literate in Word, Excel and PowerPoint
Highly detail-oriented
Ability to multi-task
Core Competencies

Customer/market focus
Business/profit focus
Inspires shared vision/passion
Fosters collaboration
Technical/functional expertise
Results oriented
Fast paced
Physical Requirements of Job

Some travel
Regular use of computer