Broker Consultant IV
USI Insurance Services · Los Angeles Metropolitan Area · 2 mo ago
Business Development$75k–$100k/yrFull-time
About the Role
Manage a book of brokers and their business as assigned. Accountable for broker-facing responsibilities, including supporting the broker-Emerson Rogers (ER) relationship, attending broker meetings, and providing consultation. Assist with training brokers and perform rate/renewal analysis.
Responsibilities
- Consult with brokers similar to an Account Executive, with emphasis on education and strategy.
- Escalate issues with carriers for self and on behalf of Level 1 and 2 broker consultant team members.
- Mentor internal staff on products and processes. Provide feedback on team members’ performance.
- Work with VIP brokers determined by value of business and level of difficulty, including frequent contact and meetings.
- Resolve day-to-day service issues for brokers and vendors.
- Provide follow-up communication and approvals on plan changes and open enrollment issues.
- Work with Account Executives and vendors to negotiate rates, secure new business, and maintain existing business.
- Process new business applications and ensure cases are installed quickly and accurately by the vendor.
- Process plan changes submitted by account executives, broker consultants, and brokers, including policy changes, endorsements, and other requests.
- Identify cross-selling opportunities for other lines of coverage.
- Submit the appropriate notification to the commission department.
- Update client database on an ongoing basis. Create and maintain case files of critical client information based on implemented workflows.
- Communicate regularly with management and other staff members regarding all aspects of administration to ensure service excellence.
- Develop and maintain strong working relationships with brokers, vendors, and internal staff.
- Stay current with insurance regulations, carrier plan options, underwriting rules, and other value-add programs offered by Emerson Rogers.
Requirements
- 5+ years of experience working in a group health insurance setting preferred.
- Bachelor’s degree preferred.
- Must hold a Life & Health license or obtain within three months from date of hire.
- Familiarity with products, services, competitive offerings, market needs, industry trends, and claim procedures.
- Understanding of alternate funding arrangements, including full and partially insured, minimum premium, and self-insured.
Skills
- Strong analytical skills and ability to use and interpret benefit-related facts and figures.
- Strong organizational skills, with the ability to set priorities and manage deadlines.
- Strong problem-solving, communication, and presentation skills.
- Ability to work independently and in a busy, team environment.
- Working knowledge of Microsoft Office products, including Word, Excel, and PowerPoint.
Benefits
- Medical, wellness, dental, and vision coverage.
- 401(k) retirement plan.
- Flexible spending and health savings accounts.
- Short- and long-term disability insurance.
- Life insurance and other unique employer-sponsored and voluntary programs.
- Generous paid time off policy, paid family leave benefit, and paid holiday time.
Pay
$75,000–$100,000