Account Manager

Company Description

Why Wellmark: We are a mutual insurance company owned by our policy holders across Iowa and South Dakota, and we’ve built our reputation on over 80 years’ worth of trust. We are not motivated by profits. We are motivated by the well-being of our friends, family, and neighbors–our members. If you’re passionate about joining an organization working hard to put its members first, to provide best-in-class service, and one that is committed to sustainability and innovation, consider applying today! 

Learn more about our unique benefit offerings here. 

Want to know more? You can learn about life at Wellmark here.

Job Description

Help us lead change and transform the member experience.

The health care industry is changing and Wellmark is working to help change it for the better. We recognize that our clients deserve health care with a focus on quality – not quantity – of care. We also recognize that health care is complex. We’re working to ensure our organization is positioned to drive deeper understanding of solutions that help our clients navigate the system and make clear, informed decisions, and we’re ensuring that we take a team-centric approach to providing consultation to our clients. The work that our Account Management teams are doing in collaboration with our business partners will create these changes, all while working to minimize health care costs.

Use your strengths as Account Manager 

As Account Manager, you will cross-sell products and retain profitable health business and manage relationships with customers and/or agents for the purpose of selling and retaining health and specialty benefits business. Your effective consultation will enhance the understanding of benefits, in addition to identifying the need for potential changes to existing coverage and opportunities for cross-selling specialty benefits products or financial services. In addition, you’ll formulate and implement a broad business plan for account management, which incorporates customer-specific considerations and aligns with corporate or product strategies and initiatives.

Ideal candidates are strong consultants who are skilled at strategic business planning, recognizing unique client needs, and understanding the ins/outs of a complex industry. They are collaborative in approach and effective at project management – they love seeing business plans come to life and delivering on promises. Being a part of negotiations, crucial conversations, and presenting to key audiences are opportunities that energize them.

Note: We are currently searching for two Account Managers to join our team; one focusing on small group direct business, working with customers and the other focusing on our mid-size groups, working with agents.

Qualifications

Required:

• Bachelor’s Degree or direct and applicable work experience.
• 1+ year of experience in sales, account management, or related role with increasing levels of accountability–e.g., assigned to key accounts, clients, or lines of business. Demonstrated ability to develop and maintain strategic relationships with key decision makers, including senior leadership.
• Consultative selling skills with the ability to persuade and influence others to take action while ensuring satisfaction, account retention and/or growth for a diverse block of business.
• Strong written/verbal communication skills with the ability to articulate information relevant to products, services, or renewals through consultation and/or presentations customized to audiences’ needs.
• Effective critical thinking, strategic planning, time management, prioritization, and documentation skills. Ability to utilize appropriate resources to identify opportunities, implement solutions, and measure impact.
• Valid Driver’s License with moderate travel (20-30%)
• Life & Health insurance license or ability to successfully obtain the license within 60 days of hire.

Preferred:

• Bachelor’s Degree.
• Health insurance industry or related experience with knowledge of products, services, funding arrangements, underwriting methodologies, etc.
• Knowledge of applicable industry rules or regulations.

Additional Information

a. Responsible for the profitable retention of health customers and ancillary cross selling, through positive business relationships with customers, agents and consultants. Build and maintain relationships and positive business partnerships with each assigned customer through effective communication, service and consultation.

b. Develop and enhance the customer experience. Be a thoughtful consultant