Account Executive, Employee Benefits, Private Equity

Risk Strategies Company; New York (NY); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Career development programs

Health benefits

Bonus structure

Environmental, Social, and Governance focus

Job summary

A national brokerage firm in New York seeks an Account Executive for Employee Benefits, focusing on developing client relationships and managing a full book of business. The ideal candidate will have over 10 years of industry experience, strong interpersonal skills, and a valid brokers’ license. Responsibilities include M&A support and client communication, aiming to exceed expectations in service delivery. The firm has a strong record in employee benefits and risk management, emphasizing collaborative and innovative solutions.

Qualifications

• 10+ years of experience within the employee benefits industry.
• M&A/Due Diligence experience preferred but not required.
• Valid State Life, Accident and Health brokers’ license.
• Knowledge of financial underwriting and self-insurance programs.

Responsibilities

• Manage a full book of business while providing M&A/Due Diligence support.
• Develop and maintain relationships with clients.
• Prepare annual Open Enrollment communications for each client's employee population.

Skills

Interpersonal skills

Proactive problem-solving

Marketing strategies

Client relationship management

Job description

Account Executive, Employee Benefits, Private Equity

Job Summary

Due to the growth of our Private Equity Practice we are seeking an Employee Benefits expert to fulfill the needs of growing business needs. The ideal candidate will have an expressed interest in learning the Private Equity Business as a proactive problem solver with strong interpersonal skills to support our clients.

The Account Executive will fulfill an integral role in developing cohesive relationships with client groups by designing cost-effective benefits programs, streamlining enrollment initiatives, and serving as a strategic advisor to the portfolio companies in which we serve. The ideal candidate will be an interpersonal and proactive problem solver with demonstrated success in servicing a book of Employee Benefits accounts within a fast-paced environment.

Your Impact

• Proactively manage a full book of business while providing M&A/Due Diligence support
• Building and maintaining constructive relationships with clients by exceeding expectations and service delivery
• Maintaining clear communication with internal colleagues, clients, and insurance carriers/vendors
• Develop marketing strategies to obtain competitive pricing, funding, and plan design opportunities
• Marketing coverage (RFP process) and requesting health and welfare plan renewals
• Preparing annual Open Enrollment communications for each client’s employee population

Successful Candidates Will Have:

• Minimum 10 + years’ experience within the employee benefits industry
• M&A/Due Diligence experience preferred, but not required
• Valid State Life, Accident and Health brokers’ license
• Knowledge of financial underwriting, self-insurance (Medical/Rx), and alternative funding programs (captives, RBP, etc.) programs
• Experience in growing new revenue with current clients as well as contributing to new client acquisition where applicable

Risk Strategies is the 9th largest privately held US brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 100 offices and 5,000 employees across the US and Canada.

Our industry recognition includes being named a Best Places to Work in Insurance for the past five years (2018-2022) and on the Inc. 5000 list as one of America’s Fastest Growing Private Companies. We are committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.