What are the responsibilities and job description for the Benefits Account Manager position at Brown & Brown Insurance?
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Brown & Brown has an exciting opportunity available for a Benefits Account Manager for our team in Minneapolis, MN!
To act as the primary Benefits Account Manager, direct client benefit marketing and renewals, and oversee the implementation of new clients. Perform daily service and account management functions for all assigned clients. Develop and manage block of business and pursue additional revenue opportunities within client accounts. Additionally, assist in the sales process of new clients and obtain new clients through existing relationships.
What You’ll Do
$70,000 - $85,000 Annual
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Brown & Brown has an exciting opportunity available for a Benefits Account Manager for our team in Minneapolis, MN!
To act as the primary Benefits Account Manager, direct client benefit marketing and renewals, and oversee the implementation of new clients. Perform daily service and account management functions for all assigned clients. Develop and manage block of business and pursue additional revenue opportunities within client accounts. Additionally, assist in the sales process of new clients and obtain new clients through existing relationships.
What You’ll Do
- Coordinates and maintains relationship with client and all client stakeholders.
- Coordinates the implementation of a new client with the Account Team.
- Coordinates and manages the activities of marketing and renewals, recommending measures to improve satisfaction, performance, and cost.
- Recommends or initiates actions to effectively and proactively service the client. Plans, directs, and coordinates benefit and insurance programs. Educates clients on benefit strategies.
- Identifies, plans, and develops methods and procedures to obtain greater efficiency and effectiveness of benefit programs.
- Regularly meets with clients to review programs and make recommendations on improvements.
- Participates and conducts employee benefit and open enrollment meetings.
- Works with client to develops client specific management and financial programs. Reviews financial and management reports monthly.
- Reviews insurance circulars and bulletins to keep current on changes in the industry.
- Performs routine service and account management functions for the clients.
- Participate in market meetings, seminars, and training programs as directed.
- Works closely with the Benefit Analyst and assists in the development of expertise within the Account Team.
- Works on obtaining other sales opportunities with current clients as well as cross selling P&C lines of coverage. Will assist in the sales process of new Hays Companies clients.
- Manages financial profitability of account book and is compensated accordingly.
- An exceptional knowledge of all lines of benefits including self-funded medical insurance. Good oral and written communication skills; the ability to independently make accurate decisions.
- Minimum of two (2) to five (5) years in an insurance-related or human resource benefits position or any equivalent combination of education and experience. Prior experience at an insurance brokerage/consultant is preferred. Understand local market and has existing relationships with carriers and employers.
- Strong computer skills, utilizing Microsoft Office: Excel, Word, PowerPoint.
- Proficient mathematical and analytical skills.
- Strong customer service and client relation skills.
- Active Life/Accident and Health Insurance Agent License.
- Excellent growth and advancement opportunities
- Competitive pay based on experience
- Discretionary Time Off (DTO)
- Generous benefits package: health, dental, vision, 401(k), etc.
- Employee Stock Purchase Plan
$70,000 - $85,000 Annual
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Salary : $70,000 - $85,000
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