Job description
Reference: B8B EBAM10.31
Position: Employee Benefits Account Manager
A local agency needs an experienced Employee Benefits Account Manager. Must have at least 2+ years’ experience. Must have a strong work ethic, a drive to succeed and a "can do" attitude. Knowledge of various carriers, ability to help with quotes and proposals, new business and renewals. Also, this is a fun company to work for, flexible time and a great compensation package.
Primary Job Purpose:
Management of an assigned block of Employee Benefits business in the Branch. Accounts may be fully insured, partially self-funded, or, self-insured.
Responsibilities include:
- Preparing pre-renewal, renewal, and marketing reports.
- Comparing health plan benefits and costs.
- Calculating employee contributions and working out contribution strategies to meet client's budgetary requirements.
- Prepare annual client service plans.
- Collecting new client information.
- Authoring correspondence, communication materials and compliance notices as required.
- Negotiating rates and benefits.
- Audit client information, premium, and commission splits Agency Management System.
- Other duties as assigned.
Core Skills Desired:
- Excellent verbal and written communication skills.
- Assist the Producer to organize and meet meeting deadlines.
- Proficiency in Excel, Word, and Power Point.
- Knowledge of employee benefits/health plan implementation and administration.
- Knowledge of, and practical experience in, regulatory issues such as ERISA, COBRA, HIPAA, as well as various state and federal regulations specific to health insurance.
- Ability to negotiate rates and benefits with carriers.
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