Self-Funded Account Executive

Insurance Management Group; Indianapolis (IN); Hybrid; USD 70,000 - 110,000; Full time

Benefits offered by this job

Full Benefits

10+ Paid Holidays

401k matching

Schedule flexibility

Growth opportunities

Job summary

Insurance Management Group seeks a Self-Funded Account Executive to analyze claims data, assess risk profiles, and optimize plan designs for self-funded health accounts. You will support producers with data insights, stop‑loss guidance, and cost-containment strategies across client portfolios.

The role emphasizes collaboration with agents, preparing reports, and training newer staff in self-funding concepts. Flexible work options are available, with focus on accuracy and client outcomes.

Qualifications

• College education or equivalent experience in self-funded benefits, data analytics, or insurance.
• Indiana Life and Health insurance license is required.
• 3-5 years' experience in self-funded benefits with a focus on data analysis and risk management.
• Strong analytical skills to translate claims data into actionable recommendations.
• Experience with stop‑loss coverage and cost containment strategies.
• Proficient in Excel for data analysis and reporting.

Responsibilities

• Collaborate with agents to provide guidance on self-funded accounts, offering data insights and recommendations.
• Analyze detailed claims data to identify trends and high-cost claims in self-funded plans.
• Prepare and present reports with actionable insights for agents and clients.
• Evaluate risk profiles and recommend stop‑loss coverage levels based on risks.
• Assist in optimizing benefit designs using data insights to control costs.
• Compare plan performance against benchmarks and suggest adjustments.
• Suggest cost-saving measures and identify alternative treatments while maintaining quality care.
• Oversee claims monitoring and ensure accuracy in reporting for self-funded accounts.
• Build relationships with stop‑loss carriers, TPAs, and partners.
• Train newer agents on self-funding concepts and available reports.
• Develop efficiencies in the self-funded space to free up producer time.

Skills

Data analytics

Claims monitoring

Risk management

Analytical thinking

Client guidance

Communication skills

Education

College education or equivalent experience in self-funded benefits or data analytics

Indiana Life and Health license

Tools

Excel

Microsoft Office

Job description

POSITION DESCRIPTION:

IMG is seeking a highly dependable and motivated professional to join our team as a Self-Funded Account Executive. This role requires a strong background in data analytics, claims monitoring, and self-funded health insurance plans. The Self-Funded Account Executive will support our Producers by analyzing claims data, assessing risk profiles, optimizing plan designs, and suggesting cost-saving strategies for self-funded accounts.

DAY IN THE LIFE OF:

• Collaborate closely with agents to provide expert guidance on self-funded accounts, offering strategic advice, data insights, and actionable recommendations to help them best serve clients.


• Analyze detailed claims data to identify trends, high-cost claims, and potential areas for improvement in self-funded health plans.


• Prepare and present detailed reports with actionable insights for agents, enabling them to effectively communicate findings and recommendations to clients.


• Evaluate a company's risk profile and recommend suitable stop‑loss coverage levels based on identified risks.


• Assist in optimizing benefit plan designs by leveraging data insights to improve coverage while identifying lower-cost providers, networks, and services.


• Compare plan performance against industry benchmarks and recommend adjustments to enhance outcomes.


• Suggest cost‑saving measures such as negotiating better rates with providers or identifying alternative treatments that maintain quality care.


• Oversee claims monitoring and ensure accuracy in reporting for self‑funded accounts, addressing any discrepancies or issues.


• Build and maintain strong relationships with stop‑loss carriers, partners, and TPAs, negotiating better deals to benefit clients.


• Support and train newer agents on self‑funding concepts, available reports, and strategies for optimizing self‑funded plans.


• Develop further efficiencies in the self‑funded space to free up producers' time for new client acquisition.

KNOWLEDGE, SKILLS, AND ABILITIES:

• College education or equivalent experience in self-funded benefits, data analytics, or insurance


• Indiana Life and Health insurance license is required


• 3-5 years' experience in self-funded benefits with a focus on data analysis and risk management


• Strong analytical skills with the ability to interpret complex claims data and translate insights into actionable recommendations


• Experience with self‑funded plans, stop‑loss coverage, and cost containment strategies


• Proficient in Microsoft Office products, especially Excel (for data analysis and reporting)


• Ability to prepare and present detailed reports with clear, actionable insights for agents and clients


• Excellent communication skills, both oral and written, with the ability to explain complex issues to others and respond to inquiries effectively


• Strong organizational skills, with the ability to manage multiple tasks simultaneously and prioritize effectively

Benefits:

• Full Benefits Offering (Health, Dental, Vision, Life, LTD, STD, Critical Illness, and Accident), 10+ Paid Holidays, PTO Package, 401k matching, 30-minutes of workout time, schedule flexibility, growth opportunities, and more!

Flexible work from home options available.