Account Manager - Employee Benefits

HUB International; Deerfield (IL); On-site; USD 70,000 - 82,000; Full time

Benefits offered by this job

Health/dental/vision/life/disability保险

401(k) and PTO

Job summary

HUB International in Deerfield, IL seeks an Account Manager to service and maintain existing accounts while identifying opportunities to grow business. You will work with Producers, Account Executives, and clients to deliver tailored insurance solutions.

The role requires a Life, Accident and Health Insurance License, a bachelor’s degree in a related field, and 2–5 years of relevant experience in employee benefits. Proficiency with Microsoft Office and broker systems is needed.

Qualifications

• Bachelor's degree in a related field or equivalent experience.
• 2-5 years of account management or account representative experience in employee benefits.
• Strong listening and communication skills; ability to prioritize with clients and carriers.

Responsibilities

• Manage a middle market insurance book, with autonomy and decision-making.
• Provide professional service to clients, carriers and HUB colleagues to maintain retention.
• Support Producers and Account Executives in obtaining, maintaining and expanding business.
• Identify cross-sell/up-sell opportunities and present coverage options.
• Document transactions and update broker management systems accurately.

Skills

Active listening

Communication skills

Prioritization

Client relationships

Education

Bachelor's degree in related field

Some college

Tools

Microsoft Office

Broker management systems

Job description

About HUB

In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the world’s largest insurance brokers, our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected — through unrelenting advocacy and tailored insurance solutions that put our clients in control. Our growing team of professionals across North America represents a broad, deep and one-of-a kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community.

Why Choose HUB?

Throughout our network of more than 700 HUB offices in North America, we offer a competitive, exciting and friendly work environment that strategically positions our employees for longevity and success. At HUB, we believe in investing in the future of our employees, and provide continuous opportunities for growth and development. Our entrepreneurial culture fosters an environment that empowers our people to make the best decisions for our customers and organization, focusing on expanding the industry knowledge of our insurance professionals to better serve our valued clients. We are committed to providing you with competitive and flexible benefits options that are rooted in your current needs, yet evolves as your needs change over time.

Join us

Join us in taking the first step toward creating a future that combines a diverse, challenging work environment with financial security and career satisfaction. We are the perfect fit if you: are seeking a progressive work environment at a rapidly growing organization have a desire to help others protect their future have an entrepreneurial spirit and are challenged by the opportunity to grow the business are focused on learning and development to enhance your industry knowledge and expertise are a self-starter willing to invest time and energy to learn the technical aspects of our business believe in integrity and building success by developing relationships with others.

Position Summary

This role requires an individual who is professional and who displays the drive, determination, and self-motivation to build a business. Specifically, the responsibilities of the Account Manager will be to service and maintain existing accounts, while identifying opportunities for increasing business.

Job Duties

• Manages a book of Middle Market (annual revenue per account generally greater than $5,000) insurance business, while acting with a high degree of independent discretion, autonomy and decision-making.
• Provides professional and courteous service to clients, carrier representatives, business partners, and HUB colleagues, resulting in a rate of account retention that meets or exceeds expectations.
• Interfacing with Account Executives, provides a high level of support to Producers in obtaining, maintaining, and expanding business.
• Identifies opportunities for cross-sell and up-sell of HUB products and services when appropriate for the clients’ needs.
• Works independently as well as cooperatively and professionally with Producers and Account Executives to deliver all HUB services to assigned clients throughout the policy cycle. This includes but is not limited to stewardship reports, risk control services, preparation of coverage outlines/proposals, claims reviews, and marketing of emergent and renewal coverage requests.
• Actively participates with account team members in monthly "Top Account" meetings.
• Either directly or cooperatively with HUB colleagues, produces binders, certificates, endorsements and other policy related documents in a timely manner while verifying their accuracy.
• Acquires understanding of clients’ insurance objectives and critically analyzes and compares insurance plans to determine suitability.
• Stays abreast of changes in the insurance industry and other external conditions that may impact clients.
• Makes appropriate recommendations to clients in response to those changes, independent of manager approval.
• Acts as liaison between clients and insurance carriers to resolve escalated complex service issues that require policy interpretation and experience-based judgment to resolve.
• May also negotiate with underwriters and carriers.
• Troubleshoots claims and billing issues.
• Manages, organizes, and conducts client meetings when necessary.
• Appropriately documents transactions with clients and carrier representatives, and updates broker management systems as required.
• Ensures the accuracy of data in those systems.
• Supports, mentors and trains lower-level colleagues, as necessary.
• Attends industry related continuing education training and courses.

Qualifications

• Life, Accident and Health Insurance License required
• Bachelor's degree in a related field, or an equivalent combination of education, certifications, training, and relevant professional experience that demonstrates the knowledge, skills, and abilities required for success in the role.
• 2-5 years of related experience working as an Account Manager or Account Representative in the employee benefit arena
• Strong ability to listen, discern, and prioritize with clients, colleagues and carrier representatives based on a thorough understanding of relevant issues.
• Comprehend and follow instructions; maintain attention and concentration for necessary periods; carry out instructions (written, oral or diagrammatic); adapt to situations requiring the precise attainment of set limits, tolerances, or standards; respond appropriately to changes in the work setting.
• Above average written and oral communication skills.
• Proficiency with Microsoft Office Suite (Word, Excel, Outlook)
• Ability to utilize and be proficient in broker management systems

Salary

The expected salary range for this position is $70,000.00 to $82,000.00 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level.

Benefits

• Health/dental/vision/life/disability insurance, FSA, HAS and 401(k) accounts, paid-time-off benefits such as vacation, sick, personal, floating holidays and company holidays.
• Eligible annual bonuses, equity and commissions may be available for some positions.

Department

Account Management & Service

Required Experience

• 2-5 years of relevant experience

Required Travel

• Up to 25%

Required Education

• Some college (no degree)

Equal Opportunity

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

E-Verify Program

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About HUB International

Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

For more information, please visit hubinternational.com.

Hi, we’re HUB

In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected. When you partner with us, you're at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support. And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control.