Associate Account Executive, Employee Benefits

Dallas, Texas

Employer: Lockton, Inc.
Industry: 
Salary: Competitive
Job type: Full-Time
Job Summary:

Responsibilities

  • Participate in discussions on strategic planning and consulting for overall plan strategy
  • Collaborate with clients to determine funding solutions, long range objectives and overall risk tolerance
  • Negotiate baseline quotes with carriers and make recommendations to plan design for smaller accounts
  • Handle day-to-day issues and questions of clients under team lead’s book of business
  • Participate in yearly renewals and open enrollment meetings by presenting marketing materials and benefit changes to clients
  • Assist with the production of Request for Proposals (RFP’s) by coordinating vendor responses, analysis and comparison of internal responses, and preparing client report recommendations
  • Facilitate quotes, amendments and reinstatements as requested or needed
  • Interprets clients’ current coverages and identifies/recommends gaps, alternatives, additional plan design changes, etc.
  • Develop financial models and reports for client service team, provides interpretation and implication of recommended alternatives
  • Assist in developing an implementation plan to include coordination of OE meetings and other key deliverables
  • Collaborate with Marketing to create communications such as OE guides, fliers and presentations
  • Collaborate with team to ensure proper review of all agreements and/or documents
  • Conduct industry specific surveys as may be requested by client
  • Participate in client meetings to review a) large claims b) abnormal utilization results c) monthly claims experience d) set strategies and goals e) conduct on-site claim visits
  • Research and understand industry trends and carrier product offerings by facilitating meetings with vendors on new products
  • Maintain knowledge of governmental compliance and regulations to educate and consult client(s) by partnering with internal legal counse
  • Other responsibilities as assigned and/or needed


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Requirements:

Position qualifications

  • Bachelor's Degree in a business-related field or equivalent years of experience
  • A minimum of 3 years of experience in the insurance industry, specifically in employee welfare benefits
  • Strong knowledge of differing financial arrangements and products available to clients (i.e. fully-insured, self-insured, minimum premium, ASO)
  • Experience conducting open enrollment benefits meetings
  • Strong working knowledge and experience with a broker and/or employee benefits industry
  • Ability to interact with vendors and clients by building strong relationships and effectively managing plan strategies
  • Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)
  • Excellent organizational and communication skills
Created: 2024-06-15
Reference: 2301UM
Country: United States
State: Texas
City: Dallas
ZIP: 75287

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