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Account Executive - Employee Benefits

Alliant Insurance Services, Inc.

Chicago (IL)

On-site

USD 60,000 - 100,000

Full time

6 days ago
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Job summary

Join a dynamic and expanding company that thrives on creating innovative employee benefits solutions. This role offers the opportunity to manage a diverse book of business, ensuring clients receive exceptional service and support. As part of a leading insurance brokerage firm, you will engage in vital activities such as negotiating premiums, assisting with claims, and participating in M&A due diligence. With a commitment to professional growth, this position provides a pathway to advance your career while contributing to a resilient and adaptive workplace. Embrace the chance to make a meaningful impact in the insurance industry.

Qualifications

  • 4+ years of experience with mergers and acquisitions.
  • Must have a valid insurance license and meet continuing education requirements.

Responsibilities

  • Manage book of business and service accounts.
  • Responsible for renewal business and soliciting additional coverage.
  • Assist in M&A insurance due diligence activities.

Skills

Microsoft Office Suite
Verbal Communication
Written Communication
Problem Solving
Time Management
Organizational Skills
Teamwork

Education

Bachelor's Degree

Job description

At Alliant Insurance Services, we thrive on creating employee benefits solutions built on the idea that health makes growth possible. As top tier professionals dedicated to solving our clients' health and welfare insurance challenges, Alliant team members deliver an unrivaled depth of service, and our unique approach enables us to help clients stay resilient and turn change into opportunity. This position is a chance to join a dynamic, expanding company with prospects for individual and career growth.

As one of the 10 largest insurance brokerage firms in the U.S., Alliant provides property and casualty, workers' compensation, employee benefits, surety, and financial products and services to clients nationwide. More information is available at www.alliant.com .

SUMMARY

Acts as an agent of broker assigned accounts, including servicing and/or solicitation activities. Manages book of business.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Responsible for renewal business and soliciting additional lines of coverage;

• Service accounts and provides claims assistance as needed;

• Complete applications, obtains quotes, negotiates premiums and commissions, prepares proposals and presentations;

• Assist in Mergers & Acquisitions (M&A) insurance due diligence activities for existing clients, including collection of insurance information, summary of data and review of contractual documents as it relates to insurance;

• Bind coverage, prepares binders and delegates certificates;

• Review coverage, identifies deficiencies and determines appropriate level of coverage;

• Meet with clients as needed or directed by producer;

• Participate in the claims process as directed by management, including claim submission, follow-up and overall communication;

• Review accounting history, responds to accounting inquiries, corrects discrepancies and contacts client on receivable collections;

• Serve as technical expert, assisting department members to resolve complex issues;

• Responsible for the collection of fees, reconciliation and resolution of any outstanding balances within 90 days of invoicing date;

• Comply with agency management system data standards and data integrity (enters and maintains complete and accurate information);

• Other duties as assigned.

QUALIFICATIONS

EDUCATION / EXPERIENCE

Bachelor's Degreeequivalent combination of education and experience

Four (4) or more yearswork experience with mergers and acquisitions

Must continue to meet Continuing Education requirements for license renewal

Valid Insurance License

SKILLS

Proficient in Microsoft Office Suite

Excellent verbal and written communication skills

Good problem solving and time management skills

Good planning, organizational and prioritization skills

Ability to work within a team and to foster teamwork

#LI-AQ1

We are proud to provide comprehensive, high quality employee programs to meet employees’ needs now and in the future, including a very competitive financial package. We encourage you to explore what we have to offer.

For immediate consideration for this position, please click on the “Apply Now" button.

Alliant Insurance Services, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, age, religion, gender, sexual orientation, gender identity, national origin, disability, protected veteran status or any other protected status.

If you are applying for a job and need a reasonable accommodation for any part of the employment process, please call our Career Center at 1-877-901-9473 and let us know the nature of your request and contact information.

For more information on Alliant Insurance Service's benefits, click here .

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