Stop Loss Consultant

Brown & Brown Insurance

5d

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’s Risk Solutions team, formerly known as Beecher Carlson, is looking for a Stop Loss Consultant to join the team. As a Stop Loss Consultant, you will be responsible for supporting product line workflows and bid procurement needs for the Stop Loss Virtual Office (SLVO) customers: both Brown & Brown teammates and their customers; and panel carriers. Responsibilities will include, but are not limited to: Alignment with SLVO strategy with focus on internal and external customer service yielding results with quality and accuracy. This will involve dealing directly with producer and service teams in the field as well as stop loss carriers. Coordination and execution of electronic and manual processes and system including: sending, receiving, and tracking applications and proposals for coverage; bid negotiations and placement demands; providing market summaries, decision support, and analytics. Working with designated local offices to submit complete and accurate RFP submissions Produce client deliverables for internal teammates Review marketing summary and proposals received and managing workflows to accommodate required deadlines. Communicate with and update, as appropriate, the producer and local service teams as well as the stop loss carriers. Collect required disclosure information and assist, as requested, in the negotiation of proposals and in some cases, leading the negotiation of final proposals Work with producers and service teams to present renewal marketing summary and decision support to clients if needed Submit and confirm final renewal terms for perpetual system accuracy and billing reconciliation Be a source of knowledge for the designated local offices for all matters involving stop loss Participate in product line advisory committee(s) as requested and support opportunities to continually improve output and internal teammate objectives Ensure proper utilization of product group resources to benefit the client (actuarial, claims, loss control, etc.) Attend required training sessions, courses, etc. to develop and maintain up-to-date skills and product knowledge. Maintain appropriate level of confidentiality of information processed. Follow all company policies and procedures Other duties as assigned

Requirements

• Possess or display a willingness to possess a deep and broad understanding of the employer stop loss market
• Strong project management and analytics skills
• Ability to manage to deadlines and deliver high caliber results
• Ability to effectively communicate with a diverse set of internal and external stakeholders
• Strong internal drive to produce measurable results for the organization

Responsibilities

• Alignment with SLVO strategy with focus on internal and external customer service yielding results with quality and accuracy.
• Coordination and execution of electronic and manual processes and system including: sending, receiving, and tracking applications and proposals for coverage; bid negotiations and placement demands; providing market summaries, decision support, and analytics.
• Working with designated local offices to submit complete and accurate RFP submissions
• Produce client deliverables for internal teammates
• Review marketing summary and proposals received and managing workflows to accommodate required deadlines.
• Communicate with and update, as appropriate, the producer and local service teams as well as the stop loss carriers.
• Collect required disclosure information and assist, as requested, in the negotiation of proposals and in some cases, leading the negotiation of final proposals
• Work with producers and service teams to present renewal marketing summary and decision support to clients if needed
• Submit and confirm final renewal terms for perpetual system accuracy and billing reconciliation
• Be a source of knowledge for the designated local offices for all matters involving stop loss
• Participate in product line advisory committee(s) as requested and support opportunities to continually improve output and internal teammate objectives
• Ensure proper utilization of product group resources to benefit the client (actuarial, claims, loss control, etc.)
• Attend required training sessions, courses, etc. to develop and maintain up-to-date skills and product knowledge.
• Maintain appropriate level of confidentiality of information processed.
• Follow all company policies and procedures
• Other duties as assigned

Benefits

• Excellent growth and advancement opportunities
• Competitive pay based on experience
• Discretionary time off
• Generous benefits package: health, dental, vision, etc.
• Employee Stock Program
• Education Assistance Program – tuition reimbursement, student loan repayment assistance, etc.
• Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• ESPP
• 401k
• Student Loan Assistance
• Tuition Reimbursement
• Free Mental Health & Enhanced Advocacy Services
• Paid Time Off
• Holidays
• Preferred Partner Discounts

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed