Specialty Account Manager

Medical Mutual; Brooklyn (OH); On-site; USD 75,000 - 95,000; Full time

Benefits offered by this job

On-site fitness centers

Gym membership reimbursement

On-site cafeteria

Employee discounts

Cash rewards for shopping

Business casual attire

Job summary

Medical Mutual is seeking a Specialty Account Manager in Brooklyn, OH to steward a portfolio of groups, brokers, and consultants. You will apply product knowledge to influence renewal decisions and coordinate with MMO Health Account Executives as needed.

Responsibilities include managing accounts, educating clients on renewal options, and onboarding new key clients while maintaining high service levels and profitability.

Qualifications

• Bachelor's degree in business administration, sales or similar field; three+ years in a Client Service or Account Coordinator role.
• Insurance industry experience preferred.

Responsibilities

• Manage client accounts with proactive service and broker communication.
• Serve as client subject matter expert on products and services.
• Educate key clients and brokers on renewal development to maximize retention.
• Communicate renewal information to brokers and clients, negotiating rates when needed.
• Oversee onboarding of new key clients.
• Resolve client and broker service issues to maintain high satisfaction.
• Report monthly on retention status and competitive challenges.
• Create and execute strategic account plans for each client.
• Represent MMO Health Sales at events and client meetings.
• Carry out other duties as assigned.

Skills

Account management

Customer service

Sales support

Broker relations

Renewals

Education

Bachelor's degree in business administration

Tools

ACT Database

Microsoft Office

Job description

Description

Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. We provide peace of mind to more than 1.2 million members through our high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement, and individual plans.

The Specialty Account Manager is responsible for providing service and retaining their assigned book of business through direct contact or through insurance brokers. Uses company and product knowledge to influence customers. Assists with selling and renewing specialty product (life, disability, dental and vision) groups in assigned territory to groups, brokers, consultants, and direct sales. Will coordinate and collaborate with any assigned MMO Health Account Executive, when applicable. Works to help onboard new groups . Ensures customers are serviced appropriately from the point of sale throughout the business relationship. Primary responsibility with 51+ market, secondarily in the 1-50 coordinating with Small Market MMO Sales.

Responsibilities:

• Manage client accounts using strong customer service and proactive communication with clients and brokers. When health products exist or are in contention of selling, the Specialty Product Client Director will coordinate strategies and communication with their Client Director counterparts and/or Small Market Medical Mutual team.
• Serve as client subject matter expert for in-depth knowledge of products, services and industry best practices to effectively consult with clients and brokers.
• Educate key clients and brokers on renewal development in effort to optimize resources that will increase retention and maximize profitability and possibility of additional specialty sales.
• Communicate renewal information to brokers and key clients, coordinating with assigned MMO Health Account Executive where applicable. Negotiate rates and present product options when needed for client retention.
• Serve as implementation manager for onboarding new key clients.
• Manage problem resolution for key client and broker service issues to ensure high standards of customer satisfaction.
• Report monthly on retention status and competitive challenges that may prohibit retention goals.
• Create and execute strategic account plans for each client each year that include identified opportunities to promote additional Medical Mutual products
• Represent MMLIC & SDC with presentations, product knowledge and attendance at events as needed. Conducts employee enrollment meetings to employer groups.
• Performs other duties as assigned

Qualifications:

Education and Experience:

• Bachelor's degree in business administration, sales or similar field or an equivalent combination of education and experience.
• Three or more years of experience in a Client Service or Account Coordinator position in the insurance or other industries. Insurance experience is preferred.

Professional Certification(s):

• License to sell Life and Health in designated service area (i.e., Ohio, Kentucky, Indiana) is preferred. Must be willing to maintain current licensure by attending continuing education courses as required by Ohio Department of Insurance.

Technical Skills and Knowledge:

• Knowledge of ACT Database software; Microsoft Office - primarily Word, Excel, Outlook, PowerPoint. Others within MS Office helpful but not required
• Ability to calculate figures and amounts such as percentages, discounts, commissions pro-rata. Ability to apply concepts of basic accounting.
• Have or be able to develop full understanding of company history/philosophy and services provided.

Medical Mutual is looking to grow our team! We truly value and respect the talents and abilities of all of our employees. That's why we offer an exceptional package that includes:

A Great Place to Work:

• We will provide the equipment you need for this role, including a laptop, monitors, keyboard, mouse and headset.
• Employees have access to on-site fitness centers at many locations, or a gym membership reimbursement when there is no Medical Mutual facility available. Enjoy the use of weights, cardio machines, locker rooms, classes and more.
• On-site cafeteria, serving hot breakfast and lunch, at the Brooklyn, OH headquarters.
• Discounts at many places in and around town, just for being a Medical Mutual team member.
• The opportunity to earn cash rewards for shopping with our customers.
• Business casual attire, including jeans.

Excellent Benefits and Compensation:

• Employee bonus program.
• 401(k) with company match up to 4% and an additional company contribution.
• Health Savings Account with a company matching contribution.
• Excellent medical, dental, vision, life and disability insurance - insurance is what we do best, and we make affordable coverage for our team a priority.
• Access to an Employee Assistance Program, which includes professional counseling, personal and professional coaching, self-help resources and assistance with work/life benefits.
• Company holidays and up to 16 PTO days during the first year of employment with options to carry over unused PTO time.
• After 120 days of service, parental leave for eligible employees who become parents through maternity, paternity or adoption.

An Investment in You:

• Career development programs and classes.
• Mentoring and coaching to help you advance in your career.
• Tuition reimbursement up to $5,250 per year, the IRS maximum.
• Diverse, inclusive and welcoming culture with Business Resource Groups.

About Medical Mutual:

Medical Mutual's status as a mutual company means we are owned by our policyholders, not stockholders, so we don't answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us.

There's a good chance you already know many of our Medical Mutual customers. As the official insurer of everything you love, we are trusted by businesses and nonprofit organizations throughout Ohio to provide high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement and individual plans. Our plans provide peace of mind to more than 1.2 million Ohioans.

We're not just one of the largest health insurance companies based in Ohio, we're also the longest running. Founded in 1934, we're proud of our rich history with the communities where we live and work.

We maintain a drug-free workplace and perform pre-employment substance abuse and nicotine testing.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.