Account Executive

Chubb; Seattle (WA); On-site; USD 60,000 - 145,000; Full time

Job summary

An established industry player is seeking a dedicated Account Executive to enhance broker/client relationships and ensure exceptional post-sales support. This role involves collaborating with Business Development Managers to deliver tailored solutions and maximize client retention. The ideal candidate will possess strong communication, analytical, and problem-solving skills to navigate the complexities of the employee benefits landscape. Join a dynamic team committed to excellence in the insurance industry, where your contributions will directly impact client satisfaction and business success.

Benefits

Health insurance

Dental insurance

Tuition reimbursement

401(k) plan with company match

Disability insurance

Life insurance

Employee referral bonuses

Qualifications

• Strong relationship management and communication skills are essential.
• Experience in account management and employee benefits is required.

Responsibilities

• Serve as the liaison for brokers and clients, ensuring satisfaction.
• Manage renewal processes and develop client relationship plans.

Skills

Analytical Skills

Interpersonal Skills

Communication Skills

Relationship Management

Problem Resolution

Education

4-year college degree or equivalency

3 years of employee benefits industry experience

Job description

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Job Description

Combined Insurance, a Chubb Company, is seeking an Account Executive to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals!

Job Description

Combined Insurance, a Chubb Company, is seeking an Account Executive to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals!

Job Summary

As a key member of the Chubb Workplace Benefits (CWB) sales team, the Account Executive will interact closely with our Business Development Managers (BDMs) to facilitate strong, mutually beneficial broker/client relationships, and to ensure successful post-sales support, client stewardship and retention of voluntary benefits products for large clients and strategic brokers.

The Account Executive will serve as the liaison between brokers, employer clients and cross-functional internal teams in our fast-growing CWB sales channel. This position will be responsible for timely and successful delivery of post-enrollment solutions, enhancing and direct client relationship within assigned territories, improving the overall broker and client experience. Account Executives will support sales activities and own the support and stewardship of client's post-implementation to maximize renewal/re-service participation, cross-sell and account retention.

This position will be accountable for attainment of key metrics, including target retention and client satisfaction objectives. Success as an Account Executive requires strong relationship management, communication, judgment and problem resolution skills to meet the diverse needs of our brokers and employer groups.

Responsibilities

• Serve as the liaison and subject matter expert, both internally and externally, for the Benefits All In program.
• Internal/External point of contact (POC) for census analysis
• Develop and coordinate with implementation managers best in class implementation processes
• Coordinate with CWB sales and account management teams to identify cross-sell opportunities across in-force block of business
• Manage and report on quarterly stewardship meetings and profitability for program with sales leadership
• Create and manage program retention and performance guarantees
• Develop, maintain and execute complex client relationship plans to ensure overall service needs are satisfied while achieving business, profitability and account retention objectives
• Develop and manage assigned in-force blocks of preferred brokers and regional in-force business
• Coordinate stewardship meetings and monthly/quarterly reporting for targeted producers and target in-force clients working with assigned BDMs
• Manage renewal / re-enrollment processes for assigned clients; including, managing applicable internal partners, reviewing, and negotiating underwriting offers or rate and plan design changes, and ultimately presenting and delivering renewal/re-enrollment offers
• Identify clients with retention risks, develop and execute complex plans to retain clients and inform senior management
• Develop complex plans to support retention sales, enhance re-enrollment participation and drive new lines of coverage within existing clients
• Develop and execute plans to increase or gain opportunities to introduce CWB sales management to targeted clients, including introduction of Chubb Absence Management or other Accident & Health product solutions
• Coordinate quarterly and semi-annual block reporting across supported regions
• Conduct product and/or technology platform enrollment training for key agencies, brokers or enrollment firms
• Participate in client and broker executive finalist presentations and benefits fairs
• Coordinate with internal and external partners to ensure appropriate timeframes are established and key timelines are met throughout quarterly and annual planning
• Act as the liaison for brokers, clients and internal supporting functions to identify challenges and bridge relationships between clients, insureds and home office partners to resolve issues
• Collaborate with internal stakeholders on processes, procedures, proposals and/or promotional materials for assigned territories
• Performs other duties as requested
  
  

COMPETENCIES

• Ability to work independently and make good decisions consistent with divisional objectives and handle conflict with minimal oversight
• Ability to research and solve problems with moderate supervision
• Ability to understand client account economics, including product designs, rates and pricing
  
  

Skills

• Demonstrated analytical skills and knowledge base to consult with customers on insurance products
• Possesses excellent interpersonal and communication skills both verbal and written, strong executive presence, team player, encouraging, diplomatic and flexible with the ability to listen well, be persistent and patient in endeavoring to fully understand customer needs
  
  

Educationand Experience

• 4-year college degree or equivalency strongly preferred; equivalent work experience may substitute
• A minimum of three years of employee benefits industry knowledge and experience in account management is required. Voluntary/Worksite marketplace experience preferred
• Active life and health license preferred or the ability to complete/obtain within first year of employment, with Chubb support, is preferred
  
  

About Us

OUR BENEFITS

Benefits

As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here . Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees:

• Health insurance
• Dental insurance
• Tuition reimbursement
• A company-match 401(k) plan
• Disability insurance
• Life insurance
• Employee referral bonuses
  
  

About Combined Insurance

Combined Insurance Company of America is a Chubb company and a leading provider of supplemental accident, health, disability, and life insurance products in North America. Headquartered in Chicago, with satellite office in Columbia, SC, Combined is celebrating over 100 years in business. We are committed to making the world of supplemental insurance easy to access and understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by A.M. Best. We are ranked by VIQTORY as the number one Military Friendly Employer in 2023 (over $1 billion revenue category), marking Combined's twelfth consecutive year on the Top 10 list. We pride ourselves on approaching all situations with a Positive Mental Attitude (PMA) and encouraging collaboration.

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

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#combined

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Sales and Business Development

• Industries

  Insurance

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