Employee Benefits Account Executive

R. K. Tongue Co.; United States; Hybrid; USD 55,000 - 75,000; Full time

Benefits offered by this job

Unlimited earnings potential

Paid Time Off

Tuition Reimbursement

Job summary

A leading insurance agency is seeking an ambitious Employee Benefits Account Executive to join their team. This hybrid role will involve prospecting for health insurance solutions and managing client relationships. The ideal candidate should possess a Bachelor's degree and at least 2 years of health insurance sales experience. The position offers a base salary of $55,000 - $75,000 with unlimited earnings potential through commissions. Additional benefits include health insurance, retirement plans, and ongoing training support.

Qualifications

• 2 years of Health Insurance sales experience is required.
• Robust knowledge of the Affordable Care Act preferred.
• Valid driver's license and reliable transportation required.

Responsibilities

• Achieve new business and retention goals.
• Oversee implementation process of new business.
• Manage assigned book of business effectively.

Skills

Health Insurance sales experience

Communication of complex rules

Independent work skills

Education

Bachelor’s degree or equivalent experience

Life and Health Insurance License (MD, DC & VA)

Tools

AMS360 Agency Management System

Job description

Future Opening: Employee Benefits Account Executive

Employee Benefits Account Executive Hybrid - US

Join Our Team

R.K. Tongue Co., Inc. is an expertise and service-driven insurance agency and brokerage based in Baltimore, Maryland. Founded in 1911 to serve the insurance needs of association members, we have maintained and enhanced our competency in the association realm while growing to be recognized as a leader in the Mid-Atlantic specializing in working with healthcare providers, professionals of all types, Federal, State and Municipal employees, small and mid-size business, as well as the general public. We draw from a uniquely broad range of knowledge and talent to provide comprehensive property & casualty and life & health insurance solutions from an array of highly respected insurance companies.

Job Description

R.K. Tongue Co. is seeking an ambitious and experienced Employee Benefits Account Executive/ Producer to join our Employee Benefits team.

A successful Account Executive will prospect for and produce high volumes of employee benefits and health insurance for small & mid-market businesses in MD, Virginia, and D.C.

This is an excellent opportunity for a talented Account Executive to build a substantial book of business by leveraging relationships and cross-selling to existing R. K. Tongue Company clients. The ideal candidate is enthusiastic, self-motivated, and goal-oriented with a strong competitive drive.

The position will handle daily contact with Employee Benefits clients and prospective clients. The responsibilities of this role include:

• Achieve new business and retention goals. Seek new lines of coverage for current and new clients and act on cross-sell opportunities.
• Oversee the implementation process of new business and renewals, including group meetings, enrollment, submission, and delivery of administrative materials.
• Manage assigned book of business.
• Build and maintain relationships with key client contacts while developing new centers of influence.
• Stay up to date on the Health Marketplace to create and update marketing content for new and existing clients.
• Maintain relationships with carrier representatives, staying abreast of new products, carrier procedural changes and market trends. Attend seminars, classes, and carrier meetings to keep abreast of new products available to clients, as opportunities occur.
• Ensure clients are up-to-date on compliance requirements (e.g. ERISA, HIPAA, COBRA, FMLA, SPDs, Form 5500s) through meetings, webinars, legislative updates, and other resources.
• Liaise between clients and carrier representatives on escalated service issues and problem solving, assuring clients their concerns remain active until verifiably complete.
• Attend marketing events such as community society meetings, seminars, and conferences.

Job Requirements

• Bachelor’s degree or equivalent experience and related training
• 2 years of Health Insurance sales experience
• Life and Health Insurance License (MD, DC & VA)
• Proficiency using an electronic filing system and an Agency Management System such as AMS360 to log activities to document client meetings, carrier follow-up, service issues and establish follow-up dates.
• Robust Affordable Care Act knowledge or consulting experience preferred
• Must be able to work independently.
• Ability to communicate complex rules to clients and employees to achieve and facilitate decision making
• High degree of professionalism, must be a self-starter, motivated, and driven to succeed
• Must possess a valid driver's license, reliable transportation and have the ability to travel between D.C., Virginia and Maryland.

As an Employee Benefits Account Executive, you will receive

• Salary plus Commission
• Unlimited earnings potential without caps on commissions
• Sales contests, incentives, and bonuses
• Commission splits & referral bonuses for other lines of insurance / financial services
• Company sponsored Group Health, Dental, Vision, STD & Term Life Insurance. Voluntary LTD.
• Health Savings Account
• Paid Time Off
• Company sponsored Retirement Plan with match
• Ongoing training and support
• Tuition Reimbursement
• Professional growth opportunities
• Hybrid office- remote work ability

Flexible work from home options available.

Compensation: $55,000.00 - $75,000.00 per year

An independent insurance agency since 1911.

We deliver financial independence by fostering trusting relationships with our customers, partners, and employees.

The firm.

Named after its founder Raymond K. Tongue, Baltimore-based R. K. Tongue Co., Inc. has continuously operated as an independent insurance agency since 1911. Today, the agency remains independent and privately held.

R. K. Tongue is organized into practice groups to meet the unique needs of our varied clientele and deliver niche expertise. Our practice groups are Professional & Commercial Markets, Group Benefits, Personal Lines, and Worksite/Voluntary Benefits Marketing. Each division is independent and geared specifically toward effectively serving its unique clientele, but these groups will often partner to deliver multi-product expertise to clients that benefit from a “one stop shop” approach for every insurance and benefits need.

We love a challenge and all RKT practice groups relish an opportunity to help our clientele with “odd shapes and sizes” coverages.