Account Manager, Employee Benefits

ABOUT HUB:

In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the world's largest insurance brokers, our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected-through unrelenting advocacy and tailored insurance solutions that put our clients in control. Our growing team of professionals across North America represents a broad, deep and one-of-a-kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community.

THE OPPORTUNITY:

The Employee Benefits Account Management team provides critical support to clients through day-to-day program oversight, client advocacy and systems management in order to effectively managing their health and welfare programs. The Account Manager II acts with a high degree of independent discretion, autonomy, and decision-making in managing a book of business. The Account Manager II facilitates positive and effective relationships sales and/or account team colleagues.

DUTIES & RESPONSIBILITIES:

• Managing all aspects of the account-service process.

• Works closely with Producers and other HUB personnel on all aspects of client service, marketing, and renewal while adhering to HUB’s best practices and standard procedures.

• Acquires understanding of clients’ business and insurance objectives and critically analyzes and compares insurance plans to determine suitability.

• Establishes and maintain strong business relationships with clients and insurance carriers.

• Serve as client point of contact for day-to-day eligibility, claims, billing and benefit administration inquiries; acts as liaison between clients and insurance carriers to resolve service issues.

• Maintains accurate and organized account files by appropriately documenting conversations with clients and carrier representatives; updates all HUB computer systems and automated agency management systems; ensures the accuracy of data.

• Seeks continued knowledge and stays abreast of changes in the insurance industry and other external conditions that may impact their clients. Makes appropriate recommendations to clients in response to those changes; Attends industry related continuing education training and courses.

• Update open enrollment packets including current benefits and rates for all lines of coverage, cobra administration forms, written plan documents and summary plan descriptions, on an annual basis for clients; may also include 5500 filings.

• Submit BOR letter to all carriers and follow-up to obtain contracts, obtain current renewal and current benefit descriptions.

• Marketing to carriers.

• Preparing quotes and proposals.

• Assists client with all billing issues including auditing and reconciliation.

• Gather data and prepare/conduct presentations (Renewal/OE/Post Renewal Debrief)

• Lead implementation of new and renewal plans or programs.

• Apprise clients of other HUB resources, carrier/vendor offerings and emerging industry trends.

• Prepare and/or peer review (and deliver, if applicable) the EB Comp Disclosure.

• Obtain post-enrollment numbers for each plan.

• Prepare Annual Legal Notices.

• Facilitate Ben Admin/HRIS System Updates (Ease, ADP, Paylocity, etc.).

• Set-up HR Advocacy Tool, Legal Compliance Resources and Wellness value adds

• Review contracts, line-by-line, for accuracy.

• Participate in carrier/vendor program implementations and initiates payments to vendors.

• Partners with producer(s) to develop and implement clients’ benefits strategies; including designing benefit programs based on client objectives, performing financial analysis, plan assessment, benchmarking, funding alternatives.

• Provides training as a subject-matter-expert to other Client Services team members on various topics.

• Supports, mentors, and trains other support staff members.

• Oversees functions performed by less experienced Account Managers and Assistant Account Managers as required.

• Performs other duties and projects as assigned.

QUALIFICATIONS

• High School Diploma / GED; College degree strongly preferred

• 3-5 years of benefit insurance account management experience (brokage preferred) or equivalent combination of education & experience

• Life & Health License

KNOWLEDGE / SKILLS / ABILITIES

• Ability to effectively and professionally communicate orally and in writing with internal and external customers.