What are the responsibilities and job description for the Group Benefits Account Executive position at Associated Insurance and Risk Management Advisors?
Group Benefits Account Executive
Hybrid Remote • Rolling Meadows, IL
Description
Associated is one of the top privately held insurance and risk management firms in the country. We assist businesses and individuals with their insurance needs, including property, casualty, employee benefits, and more. Founded in 1890, our longevity in the industry provides unparalleled expertise and longstanding relationships with leading insurance carriers
Duties and Responsibilities, include:
Compliance Management
- Ensure adherence to all applicable laws, regulations, and industry standards related to employee Group Benefits.
- Stay updated on changes in legislation and provide guidance to clients and internal teams.
- Conduct regular audits to confirm compliance and identify areas for improvement.
Client Relations
- Serve as the primary point of contact for assigned clients, building and maintaining strong relationships.
- Understand clients' business needs and objectives and provide effective solutions and recommendations accordingly.
- Conduct regular meetings, presentations, and reviews to ensure client satisfaction and retention.
Collaboration and Cross Selling
- Work collaboratively with the Producer(s) to support new business development and identify upselling opportunities.
- Collaborate with the Property and Casualty Team to determine cross-selling opportunities and provide a comprehensive benefits package to clients.
- Coordinate efforts with the Producers and Property and Casualty team to deliver a seamless and integrated client experience.
Core Responsibilities
- Oversee the implementation and administration of group employee benefit programs, including health, dental, vision, ancillary lines, retirement plans, wellness plans, etc.
- Collaborate with internal teams to develop benefit strategies that align with clients' goals and budgets.
- Prepare and present benefit plan options, proposals, and renewal materials to clients.
- Coordinate open enrollment activities, including employee education, enrollment assistance, and plan communication.
- Handle employee inquiries regarding benefits, claims, eligibility, and other related matters.
- Maintain accurate client records, documentation, and databases in the agency management system, Applied Systems EPIC
- Work on various benefit administration platforms for employee benefit enrollment
Requirements
- Illinois Life and Health license, Required
- 7 years of Large Group Benefit experience, Required ( 50 Lives)
- Fully funded and self-funded insurance experience, Required
- Demonstrated proficiency in a Senior Account Management role in Group Benefits
Knowledge and Skills
- Demonstrated proficiency with Applied Systems EPIC
- Demonstrated knowledge of benefits administration platforms, Ease, Employee Navigator
- Proficient in Microsoft Word, Excel and Power Point
- Excellent communication skills, both written and verbal
- Strong interpersonal skills to effectively build and maintain client relationships
- Good organizational skills, with high attention to detail
- Ability to multi-task and handle a large volume of items simultaneously
- Ability to prioritize and work independently
- Ability to work in a team environment
Associated Benefits
- Click HERE for benefits
- Bonus eligibility
- Hybrid work schedule
- $125,000 - $150,000
Salary : $125,000 - $150,000