Employee Benefits Account Executive

LP Insurance Services; Reno (NV); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

401k with employer match

Medical, dental, and vision insurance

Disability and life insurance

Paid time off

Employee Assistance Program

Job summary

LP Insurance Services is seeking an EB Account Executive to manage assigned accounts, collaborate with the Account Manager and Producer, and meet daily client service needs. The role includes financial analysis, renewal/rate negotiations, and building strong client-carrier relationships to drive satisfaction and retention.

You will stay current with industry trends, advise clients on suitable solutions, and support the Benefits Department’s goals.

Qualifications

• Knowledge of health insurance products and market
• HIPAA and ACA knowledge
• Minimum 5 years broker/benefits experience
• Active Life and Health License required

Responsibilities

• Builds strong client-carrier relationships to meet objectives and retention.
• Keeps current on industry trends and carrier developments.
• Responds to client questions and researches solutions with carrier on behalf of client.
• Prepares benefits and financial exhibits for presentations and enrollment meetings.
• Reviews client contracts for accuracy.
• Seeks new business opportunities and cross-sells to other divisions.

Skills

Attention to detail

Written communication

Verbal communication

Client relationships

Education

Life and Health Broker License

High school diploma

College degree preferred

Tools

Microsoft Office

Agency software

Spreadsheets

Job description

We are LP Insurance

LP Insurance Services is an established and growing insurance brokerage firm, located in Arizona, California, Nevada, New Mexico, and Oregon.

Description

We invest in our employees, clients and communities. That’s the LP Difference. The success of our employees is our success.

Let’s grow together!

Helping Make Your Dream a Reality

LP Insurance is serious about growth opportunities and builds teams committed to genuine knowledge, teamwork, and professionalism. We value being direct when it comes to opportunity and will provide a clear path forward.

Benefits

• 401k Plans – with employer match, 100% vested after two years of service
• Medical, Dental, and Vision – plans that fit your needs
• Short-Term and Long-Term Disability, plus Group Life Insurance – at no cost to you
• Paid Time Off – Take the time off you need, without worrying about accruals.
• Employee Assistance Program – including free counseling, legal advice, and more

The Position

The EB Account Executive has primary responsibility for its assigned accounts and works closely with the Account Manager and Producer to meet daily client service needs. This position performs financial analysis, renewal/rate negotiations, account management, and builds strong relationships in an effort to obtain client satisfaction and retention and to support the Company’s and Employee Benefit Division’s business goals and strategies.

Responsibilities

• Develops strong relationships with clients and carriers to assist clients in settling objectives and identifying areas of concern.
• Remains current on industry trends, new products, and carrier developments to appropriately advise clients.
• Answers client questions, identifies objectives, assesses and researches suitable solutions, and arbitrates with carrier on behalf of client.
• Solidifies “Valued Partner” relationships with clients building upon client confidence to ensure awareness of political relationship issues that arise related to LP, carriers, or other internal client issues such as pending mergers, turnover in contacts, financial issues, and plan dissatisfaction.
• Prepares marketing specifications illustrating client objectives, background on the current plan, areas of concern and all related exhibits.
• Maintains awareness of carrier competitiveness, market focus, underwriting cycles, network or service issues, and various types of funding alternatives.
• Coaches and mentors team’s Account Managers and other less experienced members of the Benefits Department Team to ensure efficient and accurate servicing of client.
• Guides team in identifying internal resources available to expedite client servicing.
• Takes initiative and ownership with assigned projects; follows through on all aspects of assignment; initiates reminders for information needed to complete tasks.
• Prepares benefit and financial exhibits for presentations and conducts carrier/client enrollment meetings.
• Reviews all client contracts for accuracy.
• Remains current through seminars and periodicals of industry, client, legislative and regulatory requirements that pertain to employee benefits.
• Seeks out new business opportunities through adding new lines of coverage and/or limits to existing clients, cross selling to other divisions, and seeking referrals and cultivating relationships.

Qualifications

• Knowledge of Microsoft Office, agency management/company software; spreadsheets, and databases
• Minimum of five (5) years of related broker, benefits consulting, and /or carrier experience or equivalent combination of education and experience required.
• Active Life and Health Agents/Broker License required.
• High school diploma or equivalent is required.
• College degree is preferred.
• Knowledge of health insurance and products is critical.
• Knowledge in HIPAA rules and regulations and the ACA.
• Strong attention to detail and accuracy.
• Skilled in producing strong written and verbal communication

How to Apply

Apply online at lpins.net.

LP Insurance is an Equal Opportunity Employer. All applicants will be considered for employment without regard to actual or perceived race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, medical condition, pregnancy, genetic information, marital status, amnesty, or status as a covered veteran or any other characteristic protected by applicable federal, state or local laws.

We look forward to working with you!