Account Executive

Socket.dev; Minneapolis (MN); On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Health Benefits

401k

Tuition Reimbursement

Paid Time Off

Job summary

Brown & Brown in Minneapolis, MN is seeking a Senior Benefits Consultant to join our growing team. You will manage client benefits programs, administer marketing and renewals, and drive revenue opportunities with the Relationship Manager.

The role requires extensive benefits experience, strong Excel skills, and the ability to lead client meetings, with potential for team leadership and travel as needed. We offer comprehensive health benefits, 401k, and tuition reimbursement.

Qualifications

• Minimum of 4 year degree or equivalent work experience.
• 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.
• A college degree in Business Administration, Insurance, Risk Management, or a related field, or an equivalent qualification.
• This position may require routine or periodic travel which may require the teammate to drive their own vehicle or a rental vehicle.

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.

Skills

MS Office

Excel

Communication

Analytical thinking

Independent work

Confidentiality

Detail oriented

Travel

Education

4-year degree or equivalent

Business Administration / Insurance / Risk Management degree

Tools

MS Office Suite

Microsoft Excel

Job description

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.

Licenses and Certifications:

• Must obtain and maintain active Life/Accident and Health Insurance Agent License

Skills & Experience to be Successful:

• 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.
• A college degree in Business Administration, Insurance, Risk Management, or a related field, or an equivalent qualification.
• 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.

#LI-KM1

Pay Range

$110,000 - $150,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• 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.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, "The Power to Be Yourself".