U500 Account Executive

 

Location Designation: Fully Remote 

Our New York Life culture has laid the foundation for over 180 years of commitment to our employees, agents, policy owners, and the communities where we live and work. Here you become a valued part of a welcoming, inclusive, and caring organization with a long-standing legacy in stability and growth. The strength revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance.

 

As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities.  You will be part of an inclusive team guided by our belief to always be there for each other–providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.

 

You are our future, and we commit to investing in you accordingly. 

 

Role Overview: 

 

The Under 500 Account Executive role is a key part of our Group Benefit Solutions Life/Disability or Group Insurance Distribution organization that focuses on inforce growth on our small/mid-sized (50-500 lives) client base partnering closely with local brokers. The Account Executive is responsible for proactive growth (upselling and cross selling), as well as the profitability and retention on an assigned book of business. We are seeking a candidate that is a self-starter who likes building relationships and driving sales opportunities that will thrive in a fast paced environment.

 

What You'll Do: 

 

• High energy and self-motivated who will work with a "sense of urgency" and a "take charge" attitude to partnering internally with sales reps and externally with brokers looking for growth opportunities and driving quote activity from inforce book
• Ability to quarterback routine/moderately complex issues and willing to be assertive when necessary
• Ability to navigate and develop relationships within a matrix organization (underwriting, sales, service partners)
• Demonstrates active listening, written and verbal skills
• Proactively identify and present client growth opportunities; work with matrix partners to guide successful implementation
• Team player, but able to work independently to reach common goals
• Well organized and able to handle multiple tasks at once while prioritizing as needed
• Be a local market resource that has in-depth knowledge of insurance coverages, products and staying abreast on industry updates/changes
• Be accountable to deliver an exceptional client and broker service experience

• Drive proactive new business pipeline from assigned book of business. This includes sourcing RFPs, working with internal underwriting partners to provide quotes, delivering proposals & product presentations to client/brokers.
• Develop book management activities to ensure optimum upsell penetration
• Foster and expands deep client and producer relationships
• Drive profitability/retention in order to hit annual goals
• Deliver and participating in all aspects of renewal process including census attainment, underwriting negotiations, creating/delivering renewal letters, follow up renewal acceptances
• Facilitate and negotiate policy changes with underwriting on behalf of clients/brokers
• Attend and participate in industry events to further expand knowledge and relationships
• Maintaining compliance tracking in all appropriate systems as needed(pipeline, calls, renewals)

• Participate in new hire trainings and ongoing upskill training
• Be a resource, mentor, subject matter expert (internally/externally)
• Participate in special projects and bring forward process improvements with enthusiasm and strong work ethic

• Operates in a manner that promotes team success in conjunction with individual success
• Be honest and respectful in all dealings with clients/brokers and internal team
• Communicate effectively in ways that enhance productivity and builds respectful relationships

 

What You' Bring: 

 

• Customer Focus
• Organizationa