Senior Account Executive

Posted 2 Days Ago
Be an Early Applicant
Lakewood, NJ
Senior level
Insurance
The Role
The Senior Account Executive manages client accounts in the Employee Benefit Department, focusing on health and welfare plans, fostering client relationships, resolving issues, and preparing financial reports.
Summary Generated by Built In

About HUB:

HUB International Limited (“HUB”) is the 5th largest global insurance and employee benefits broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 19,000 employees in 750 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions

Senior Account Executive Position:

General Purpose

Provides full service account management to clients in the Employee Benefit Department. 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. Can be 20 – 200 life groups.

Core 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
  • Conduct group enrollment meetings
  • 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
  • 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, as appropriate
  • Maintain & manage client information through HUB’s Agency Management System & data standards

    Typical Additional Responsibilities

  • Coordinate health fairs and wellness initiatives when requested by client
  • Prepare claim utilization analysis on self funded and fully insured clients, as appropriate
  • Secure stop-loss coverage for self insured clients, as appropriate

    Knowledge/Skills & Abilities Required

  • College degree or equivalent work experience
  • Minimum of 5 years experience in brokerage, consulting, insurance company, or corporate benefits environment
  • Experience working in markets not limited to NY/NJ a plus
  • 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
  • Must have valid Life and Health License

Department Account Management & Service

Required Experience: 5-7 years of relevant experience

Required Travel: Up to 25%

Required Education: Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the recruiting team [email protected]. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

Top Skills

Excel
PowerPoint
Word
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The Company
HQ: Chicago, IL
10,055 Employees
On-site Workplace
Year Founded: 1998

What We Do

Hi, we’re HUB.

We advise businesses and individuals on how to reach their goals. When you partner with us, you’re at the center of a vast network of risk, insurance, employee benefits, retirement and wealth management specialists that bring clarity to a changing world with tailored solutions and unrelenting advocacy.

So you’re ready for tomorrow.


About Hub International
Headquartered in Chicago, Illinois, Hub International Limited (Hub) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

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