Account Executive, Employee Benefits
About the role
HUB advises businesses and individuals on preparing for the unexpected. As one of the world's largest insurance brokers, our focus is on providing peace of mind through tailored insurance solutions.
Responsibilities
- Establishes and maintains strong business relationships with clients and insurance carriers.
- Maintains accurate and organized account files.
- Acquires understanding of clients' business and insurance objectives.
- Apprises clients of other HUB resources and emerging industry trends.
- Assists clients with billing issues.
- Develops and communicates strategy for Market Analysis.
- Ensures all services are implemented according to established project plans.
- Facilitates client introduction and coordinates with HUB Specialty Practice Teams.
- Gathers data and prepares/conducts presentations.
- Ledges implementation of new and renewal plans or programs.
- Leads resolution of escalated complex service issues.
- Maintains regular interactions with clients.
- Manages the enrollment process.
- Partners with producers to develop and implement clients’ benefits strategies.
- Prepares and/or peer reviews financial and communication materials.
- QA Reviews on financial and communication materials.
- Responsible for strategic planning.
- Seeks continued knowledge and makes appropriate recommendations in response to changes in the insurance industry.
- Sets up open enrollment packets.
- Submits BOR letters to all carriers and follows up to obtain contracts, renewals, and benefit descriptions.
- Updates open enrollment packets annually.
- Works closely with Producers and other HUB personnel on all aspects of client service, marketing, and renewal.
Qualifications
- Active Life & Health insurance License.
- Experience in self-funded Medical.
- Account Management preferred.
- Experience in managing wellness programs within large accounts preferred.
- High School Diploma / GED; college degree strongly preferred.
Skills
- Knowledge of funding mechanisms (self-funding, level-funding, HRA, etc.).
- Expert-level guidance on benchmarking, plan modeling, contribution strategies.
- Navigates complex compliance, vendor negotiations, and large-group underwriting.
- Mastery of self-funding, level-funding, and HRAs to deliver optimized financial solutions.
- Use financial data to influence carrier and client decisions.
Benefits
HUB International Limited offers comprehensive benefits and total compensation packages, including health/dental/vision/life/disability insurance, FSA, HSA, 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity, and commissions for some positions.
Pay
The expected salary range for this position is $130,000 - 160,000/yr depending on geographical location and will be impacted by factors such as the successful candidate's skills, experience and working location, as well as the specific position's business line, scope and level.
Schedule
No travel required.
Required Experience
7-10 years of relevant experience.
Required Education
Diploma.
Department
Account Management & Service.