Account Executive

Brown & Brown; Minneapolis (MN); On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Health Benefits: Medical/Rx, Dental, V

401k; ESPP; Student Loan Assistance;Tu

Tuition Reimbursement

Mental Health & Wellness services

Paid Time Off & Holidays

Job summary

Brown & Brown is seeking a Senior Benefits Consultant in Minneapolis, MN to act as the primary consulting contact, administer client benefit marketing and renewals, and support daily service functions. You will develop and manage client blocks of business and pursue revenue opportunities with the Relationship Manager.

You will lead client meetings, provide guidance to teammates, and may become a Team Leader.

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.

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 proficiency

Excel advanced

Analytical thinking

Communication skills

Independent work

Client relationship management

Leadership potential

Education

Bachelor’s degree in Business Administration, Insurance, Risk Management, or related field

4-year degree or equivalent work experience

Tools

Microsoft Excel

MS Office Suite

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.

Pay Range

#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

• 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”. We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined. Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater “WE”—never “me.”While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.

Recruiting Vendors Policy

Brown & Brown and its affiliates maintain an internal recruiting team responsible for filling open roles posted to the public. In certain situations, Brown & Brown may supplement its internal capabilities by engaging external recruiting vendors and employment agencies (“Recruiting Vendors”). Recruiting Vendors are not authorized to submit resumes, share candidate data, or directly or indirectly contact Brown & Brown employees to present candidates for employment opportunities. The only exception applies to Recruiting Vendors with an active Valid Agreement (as defined below) that has been approved by Brown & Brown. In accordance with this policy, and to ensure appropriate authorization for sharing candidate personal information, Brown & Brown will not accept unsolicited resumes from any source other than Authorized Recruiting Vendors with a Valid Agreement in place who have been expressly invited to support a specific role. Any unsolicited resumes, incomplete submissions, or candidate data received through any means (including email or otherwise) will be considered the property of Brown & Brown. Brown & Brown will not pay any placement or related fees for unsolicited submissions or candidate data provided in violation of this policy. Such submissions may be used by Brown & Brown without any obligation to pay fees of any kind to Recruiting Vendors. A Valid Agreement is defined as a written contract signed by an authorized representative of Brown & Brown. In the absence of a Valid Agreement, Brown & Brown assumes no liability under any legal theory, including but not limited to breach of contract, breach of implied contract, tortious interference, quantum meruit, any/or any other contractual or equitable claims in connection with candidates identified through unsolicited submissions made in violation of this policy.