Senior Account Executive
About The Position
HUB International is a leading insurance brokerage firm dedicated to helping individuals, families, and businesses protect and plan for what matters most. We offer a broad array of insurance, retirement, and wealth management products and services. As one of the world's largest insurance brokerages with over 540 locations and more than 20,000 professionals across North America, we combine global resources with regional agility. We foster a culture where every voice matters, work has purpose, and potential has no ceiling. We are currently seeking a Senior Account Executive to join our Employee Benefits team in our Melville, NY office, offering a Hybrid work schedule.
Requirements
- College degree or equivalent work experience
- Minimum of 5 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
- Ability to multi-task
- 5-7 years of relevant experience
- Bachelor's degree (4-year degree)
Nice To Haves
- Some travel
Responsibilities
- Provides full-service account management to clients in the Employee Benefit Department.
- Independently 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 for groups of 75-200 lives.
- Serves as the day-to-day contact for clients.
- Develops strong client relationships.
- Resolves claims and administrative issues.
- Acts as a liaison with insurance carriers and as an advocate for clients.
- Designs benefit plans in conjunction with client needs and financial resources.
- Processes renewals, including competitive bidding, providing cost-effective plan design alternatives and employee contribution scenarios.
- Prepares spreadsheets and renewal presentations as appropriate.
- Prepares summary plan descriptions and other employee communication materials.
- Provides clients with periodic financial reports to assess plan performance and for renewal planning.
- Coordinates timely delivery of Schedule A information for 5500 preparations, as appropriate.
- Maintains and manages client information through HUB’s Agency Management System & data standards.
- Coordinates health fairs and wellness initiatives when requested by client.
- Prepares claim utilization analysis on self-funded and large fully insured clients, as appropriate.
- Secures stop-loss coverage for self-insured clients, as appropriate.
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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
