Employee Benefits Financial Consultant

Hub International InsuranceDenver, CO
Hybrid

About The Position

HUB International is a global insurance broker providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. HUB has more than 650 offices across the United States, Canada and Puerto Rico with more than 20,000 employees. Our regional offices throughout North America are dedicated to helping individuals and businesses evaluate and manage their risks and insurance needs. We are a company dedicated to superior customer service with employees committed to adding value to every client activity. Our team is growing, and we are looking for a Financial Consultant in our Employee Benefits department. In this role, you will: Directly assist Producers/Account Executives in selling to new accounts by demonstrating HUB analytics, alternative risk, and cost management expertise Advise Sales Executives and Account Management team as necessary in applying a basic understanding of our capabilities Train and mentor members of the Financial Consulting team Execute marketing efforts focused on sales/retention initiatives – where financial consulting is a key consideration Anticipate and adapt to changing business demands – especially in-tune with the evolving changes in various client cost management techniques along with self-funding and other associated programs Help manage a book of business (> 100 EEs or complex accounts) in tandem with Producers and the Account Executives Support new and existing business by matching client need , cost management solutions, and HUB’s unique strategic sales/technology approach Manage carrier/vendor relationships for cost management programs Understand the financial impact of his/her actions on HUB profitability and act accordingly; and apply the same standards in working with clients Recommend/implement processes that increase efficiencies and/or reduce cost Demonstrate in-depth understanding of revenue/expense and cash flow management

Requirements

  • 5 + years of experience in employee benefits consulting preferred, ideally with in-depth knowledge of various funding types, underwriting, pharmacy and stop loss contracts, as well as cost management solutions like direct primary care, value based payments, onsite/near site clinics, and captives
  • Extensive knowledge of employee benefits, alternative risk management techniques, and the local market
  • Bachelor’s degree
  • Ability to travel to all Colorado office locations and some client sites as needed
  • Valid Life/Health Insurance Producer License
  • Excellent written and verbal communication skills
  • 5-7 years of relevant experience

Responsibilities

  • Directly assist Producers/Account Executives in selling to new accounts by demonstrating HUB analytics, alternative risk, and cost management expertise
  • Advise Sales Executives and Account Management team as necessary in applying a basic understanding of our capabilities
  • Train and mentor members of the Financial Consulting team
  • Execute marketing efforts focused on sales/retention initiatives – where financial consulting is a key consideration
  • Anticipate and adapt to changing business demands – especially in-tune with the evolving changes in various client cost management techniques along with self-funding and other associated programs
  • Help manage a book of business (> 100 EEs or complex accounts) in tandem with Producers and the Account Executives
  • Support new and existing business by matching client need , cost management solutions, and HUB’s unique strategic sales/technology approach
  • Manage carrier/vendor relationships for cost management programs
  • Understand the financial impact of his/her actions on HUB profitability and act accordingly; and apply the same standards in working with clients
  • Recommend/implement processes that increase efficiencies and/or reduce cost
  • Demonstrate in-depth understanding of revenue/expense and cash flow management

Benefits

  • Medical/dental/vision/life insurance
  • 401k matching program
  • Health Savings Account funding
  • voluntary insurance options
  • Generous time-off policies
  • A work/life balance
  • Learn from the expertise of your coworkers
  • Growth- HUB is growing, and so can your career
  • Be part of a motivated team
  • health/dental/vision/life/disability insurance
  • FSA
  • HAS and 401(k) accounts
  • paid-time-off benefits such as vacation, sick, personal, floating holidays and company holidays
  • eligible annual bonuses
  • equity
  • commissions
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