Account Executive
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What you'll do
- Fully manage book of business, retention and growth.
- Development and execution of client benefit strategy.
- Independently advises clients on all areas of compliance.
- Proficient level of compliance, benchmarking, renewal & marketing, reporting & analytics, and able to perform these functions with little guidance.
- Strategic resource, financial strategy lead and client escalations.
- Monitor/prepare and review monthly financial reports, send to clients with analysis of activity and large claim detail.
- Prepare expert level financial/underwriting exhibits as requested including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc.
- Develop proficient level reporting requirements and any deviations or customizations in those reports.
- Leads client meetings, presentations and onboarding new clients.
- Participate in market meetings, seminars and training programs.
- Provide guidance/training to Consultants/Account Managers and Analysts.
- May become a Team Leader, managing other Consultants/Account Managers/Analysts, etc.
What they're looking for
- Must obtain and maintain active Life/Accident and Health Insurance Agent License
- Minimum of 4 year degree or equivalent work experience required
- 9+ years employee benefits experience with a thorough understanding and knowledge of employee benefits
- 4+ years financial experience
- Proficient with MS Office Suite
- Microsoft Excel – Strong to expert level skills required
Nice to have
- A college degree in Business Administration, Insurance, Risk Management, or a related field, or an equivalent qualification.
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Brown & Brown is Seeking a Senior Benefits Consultant to join our growing team in Minneapolis, MN.
To act as the primary contact in the consulting capacity, to administer client benefit marketing and renewals, and daily service functions. To develop and manage client block of business and pursue additional revenue opportunities with Relationship Manager. To assist in the management of Account Team and to act as a resource to the department.
How You Will Contribute
Fully manage book of business, retention and growth.
Development and execution of client benefit strategy.
Independently advises clients on all areas of compliance.
Proficient level of compliance, benchmarking, renewal & marketing, reporting & analytics, and able to perform these functions with little guidance.
Strategic resource, financial strategy lead and client escalations.
Monitor/prepare and review monthly financial reports, send to clients with analysis of activity and large claim detail.
Prepare expert level financial/underwriting exhibits as requested including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc.
Develop proficient level reporting requirements and any deviations or customizations in those reports.
Leads client meetings, presentations and onboarding new clients.
Participate in market meetings, seminars and training programs.
Provide guidance/training to Consultants/Account Managers and Analysts.
May become a Team Leader, managing other Consultants/Account Managers/Analysts, etc.
Licenses and Certifications:
Must obtain and maintain active Life/Accident and Health Insurance Agent License
Skills & Experience to be Successful:
Minimum of 4 year degree or equivalent work experience required.
9+ years employee benefits experience with a thorough understanding and knowledge of employee benefits
4+ years financial experience.
Proficient with MS Office Suite
Microsoft Excel – Strong to expert level skills required
Ability to maintain a high level of confidentiality
Excellent verbal and written communication skills
Strong analytical and critical thinking ability
Ability to work independently.
Detail oriented with excellent organizational skills.
A college degree in Business Administration, Insurance, Risk Management, or a related field, or an equivalent qualification.
This position may require routine or periodic travel which may require the teammate to drive their own vehicle or a rental vehicle. If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are requirements of this position.
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Pay Range
$110,000 - $150,000 AnnualThe pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
Recruiting Vendor Disclosure Statement
Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Company
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