Senior Benefits Consultant
About The Position
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Brown & Brown is Seeking a Senior Benefits Consultant to join our growing team in Minneapolis, MN. To act as the primary contact in the consulting capacity, to administer client benefit marketing and renewals, and daily service functions. To develop and manage client block of business and pursue additional revenue opportunities with Relationship Manager. To assist in the management of Account Team and to act as a resource to the department. How You Will Contribute Fully manage book of business, retention and growth. Development and execution of client benefit strategy. Independently advises clients on all areas of compliance. Proficient level of compliance, benchmarking, renewal & marketing, reporting & analytics, and able to perform these functions with little guidance. Strategic resource, financial strategy lead and client escalations. Monitor/prepare and review monthly financial reports, send to clients with analysis of activity and large claim detail. Prepare expert level financial/underwriting exhibits as requested including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc. Develop proficient level reporting requirements and any deviations or customizations in those reports. Leads client meetings, presentations and onboarding new clients. Participate in market meetings, seminars and training programs. Provide guidance/training to Consultants/Account Managers and Analysts. May become a Team Leader, managing other Consultants/Account Managers/Analysts, etc. Other duties as assigned.
Requirements
- Minimum of 4 year degree or equivalent work experience required.
- 9+ years employee benefits experience with a thorough understanding and knowledge of employee benefits
- 4+ years financial experience.
- Proficient with MS Office Suite
- Microsoft Excel – Strong to expert level skills required
- Ability to maintain a high level of confidentiality
- Excellent verbal and written communication skills
- Strong analytical and critical thinking ability
- Ability to work independently.
- Detail oriented with excellent organizational skills.
- Must obtain and maintain active Life/Accident and Health Insurance Agent License
- This position may require routine or periodic travel which may require the teammate to drive their own vehicle or a rental vehicle. If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are requirements of this position.
Nice To Haves
- A college degree in Business Administration, Insurance, Risk Management, or a related field, or an equivalent qualification.
Responsibilities
- Fully manage book of business, retention and growth.
- Development and execution of client benefit strategy.
- Independently advises clients on all areas of compliance.
- Proficient level of compliance, benchmarking, renewal & marketing, reporting & analytics, and able to perform these functions with little guidance.
- Strategic resource, financial strategy lead and client escalations.
- Monitor/prepare and review monthly financial reports, send to clients with analysis of activity and large claim detail.
- Prepare expert level financial/underwriting exhibits as requested including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc.
- Develop proficient level reporting requirements and any deviations or customizations in those reports.
- Leads client meetings, presentations and onboarding new clients.
- Participate in market meetings, seminars and training programs.
- Provide guidance/training to Consultants/Account Managers and Analysts.
- May become a Team Leader, managing other Consultants/Account Managers/Analysts, etc.
- Other duties as assigned.
Benefits
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
