What are the responsibilities and job description for the Employee Benefit Account Manager position at Gpac?
Position: Employee Benefit Account Manager
Knowledge of various carriers, ability to help with quotes and proposals, new business, and renewals. Also, this is a fun company to work for, flexible time and a great compensation package.
Primary Job Purpose:
Management of an assigned block of Employee Benefits business in the Branch. Accounts may be fully insured, partially self-funded, or, self-insured.
Responsibilities include, but are not limited to:
- Preparing pre-renewal, renewal, and marketing reports.
- Comparing health plan benefits and costs.
- Calculating employee contributions and working out contribution strategies to meet client's budgetary requirements.
- Prepare annual client service plans.
- Conducting annual open enrollment meetings, health fairs and webinars as needed.
- Collecting new client information for HIB technology offerings.
- Authoring correspondence, communication materials and compliance notices as required.
- Negotiating rates and benefits.
- Audit client information, premium, and commission splits in the HIB Agency Management System (Zywave).
- Other duties as assigned.
Desired Core Skills: Employee Benefit Account Manager
- Excellent verbal and written communication skills.
- Assist the Producer to organize and meet meeting deadlines.
- Proficiency in Excel, Word, and Power Point.
- Knowledge of employee benefits/health plan implementation and administration.
- Knowledge of, and practical experience in, regulatory issues such as ERISA, COBRA, HIPAA, as well as various state and federal regulations specific to health insurance.
- Ability to negotiate rates and benefits with carriers.
- High School Graduate / College Degree Preferred.
- Two or more years working in group health insurance, or benefit brokerage/consulting.
- Life and Disability license required.
Jennifer Thompson is eager to have a conversation with you about your aspirations for a future career. Please contact her at (605) 610-3041 to have a conversation about this exciting career advancement opportunity!
Jennifer Thompson
Director - Insurance Division
gpac
(605) 610-3041
Jennifer.thompson@gogpac.com
Insurance Agencies Owners or Hiring Authorities: If your team needs any position filled, we can also assist in presenting qualified talent. Please reach out for a consultation today!
Salary : $70,000 - $95,000
