Insurance Account Executive

Simmons Bank•Little Rock, AR

About The Position

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. The Insurance Account Executive prospects for and secures new group benefit clients. Also, provides daily customer service and an annual market analysis at each product renewal date.

Requirements

Ability to read and comprehend simple instructions, short correspondence, and memos.
Ability to read and interpret documents such as procedure manuals, general business correspondence, and/or journals or government regulations.
Ability to read, analyze and interpret financial reports and/or legal documents.
Ability to write simple-to-business correspondence, routine reports, and procedures.
Ability to respond in writing to customer complaints, regulatory agencies, or members of the business community.
College degree, preferred
3-5 years insurance sales experience, employee benefits sales strongly preferred
MS Office programs
Life and health insurance licenses required

Nice To Haves

Ability to speak Spanish preferred, but not required.

Responsibilities

Works within the Simmons Referral Network and beyond to secure new leads for business.
Prospects for and secures new business in an effective, consistent manner via referrals, direct mail, cold calls, and centers of influence.
Obtains AOR (Agent of Record) letters for all takeover business and/or enrolls/maintains all new/ startup businesses.
Provides daily, weekly, monthly service to each group account and to their individual members.
Builds and maintains any/all technology platforms needed to service accounts.
Secures and presents annual renewals, along with competitive market analysis, on all lines of coverage.
Provides timely reports of cost, claims utilization, Rx spending, etc. to help groups or accounts identify areas of focus and improvement.
Provides monthly reports to management of all prospecting, new business and renewal activity.
Provides financial reports that outline revenue and expense controls.
Manages and controls expenses, within the budget agreed upon, annually with management.
Ensures that all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
Performs other duties and responsibilities as assigned.