Senior Account Executive / Vice President

Hub International Insurance•Berkeley Heights, NJ

6d•Hybrid

About The Position

At HUB International, we believe the best workplaces do more than offer a job. They invest in their people, celebrate their communities, and build cultures where everyone belongs. We are proud to be that kind of company, and the recognition we have earned reflects it. We help individuals, families, and businesses protect and plan for what matters most through a broad array of insurance, retirement, and wealth management products and services. HUB is one of the world's largest insurance brokerages, with over 540 locations and more than 20,000 professionals across North America. We bring together the resources of a global firm and the agility of a regional team, giving you the tools, support, and community you need to grow throughout your career. We currently have an opportunity for an Senior Account Executive / Vice President to join our Employee Benefits team in our Berkeley Heights, NJ or Wall, NJ office on a Hybrid work schedule. General Purpose Provides full-service account management to clients, mostly but not limited to over 50 lives. Manages accounts for all health and welfare plans including medical, dental, short and long term disability, vision, life/AD&D, travel accident, voluntary benefits and long term care.

Requirements

College degree or equivalent work experience
Minimum of 8 years’ experience in brokerage, consulting, insurance company, or corporate benefits environment
Excellent analytical & problem-solving skills
Excellent verbal and written communications skills
Excellent interpersonal skills
Computer literate in Word, Excel and PowerPoint
Highly detail-oriented and ability to multi-task
7-10 years of relevant experience
Bachelor's degree (4-year degree)

Nice To Haves

Core Competencies Customer/market focus Business/profit focus Inspires shared vision/passion Fosters collaboration Technical/functional expertise Results oriented Fast paced

Responsibilities

Day to day contact for client
Develop strong relationships
Resolve claims and administrative issues
Act as liaison with insurance carriers and as an advocate for clients
Design benefit plan in conjunction with client needs and financial resources
Process renewals, including competitive bidding, providing cost effective plan design alternatives and employee contribution scenarios
Prepare spreadsheets and renewal presentations as appropriate
Analyze and recommend alternative funding arrangements
Prepare summary plan descriptions and other employee communication materials
Provide client with periodic financial reports (monthly, quarterly, or annually, as provided by insurer) to assess plan’s performance and as a tool for renewal planning
Coordinate timely delivery of Schedule A information for 5500 preparation. For larger accounts, prepare 5500 for client filing
Maintain & manage client information through HUB’s Agency Management System & data standards
Coordinate health fairs and wellness initiatives when requested by client
Provide direction and support to others as a mentor. May act as back-up to supervisor during absences.
Prepare claim utilization analysis on self-funded and large fully insured clients
Secure stop-loss coverage for self-insured clients

Benefits

Medical, Dental, Vision, and Prescription Drug Coverage
Health Plan Reimbursement Program
Health Savings Account (HSA) and Flexible Spending Accounts (FSAs)
401(k) Savings Plan
Life and Disability Plans
Long-Term Care
Employee Assistance Program (EAP)
Comprehensive Wellness Program
Identity Theft Protection, Group Legal, Accident, Critical Illness, and Pet Insurance
Low-Cost Loan Program and Student Loan Resources
Vacation, Holiday, Sick, and Personal Time Off
Flexible Work Arrangements
Dress for Your Day Policy
Comprehensive Onboarding and Continuing Education