![Savoy Associates](https://media.trabajo.org/img/noimg.jpg)
Employee Benefits Account Manager, NJ Large Group
2 months ago
Job Description
Job Description Salary:
Are you a licensed insurance producer in the state of New Jersey seeking an exciting new opportunity? If so, we’d like to speak with you Savoy Associates is looking for a dedicated and experienced Account Manager to join its growing team
As an Account Manager at Savoy Associates, you will work to support our sales teams, build and maintain solid relationships with our client and carrier partners, and assist in the overall growth of our established and emerging markets
Responsibilities
Sales Team Support:
Present and participate in presentations to existing and prospective clients
Strategize on sales situations and facilitate solutions to complex problems
Assist in the overall growth of assigned market
Act as the internal expert on all carrier guidelines and procedures
New Business Opportunities and Retention of Book of Business:
Review, analyze and negotiate renewals with insurance carriers
Coordinate full RFP procedure with brokers and carriers. Identify cross sell opportunities; efficiently process self-funded underwriting with carriers; become familiar with broker preferences and sustain exceptional partner and carrier relationships
Develop and provide presentations to brokers/clients to meet their company’s objectives with respect to the structure of their Employee Benefit Program for all employees including executives and key personnel; present plan design alternatives, cost sharing alternatives and contribution strategies – all within budget targets
Attend/Conduct Client Open Enrollment meetings as needed
Depending on the size of the client, provide, monthly, quarterly and/or annual claim reports and analysis; address all relevant matters as well as applicable financial data in quarterly meetings; recap past performance issues and identify future objectives – negotiate with the carrier to secure these reports as necessary
Be the expert on all carrier products for all lines of coverage for the local markets; communicate internally and with the broker community regarding new product and procedural changes
Oversee all carrier submission and installation requirements; maintain submission tracker of all cases throughout the set-up process; ensure all carrier checklists and forms are saved in shared files and up to date
Provide weekly status updates to manager and bring attention to any anticipated issues or delays before they escalate
Ensure all new cases and renewal changes are entered in sales software timely and accurately; provide split forms when applicable
Service Support
:
Handle account management service requests (corrections, claims, billing, plan changes, etc.)
Acquire expected time frames and set the proper expectations with brokers and vendors
Educate and train our broker partners on systems and processes; support brokers with client meetings
Other projects and assignments as necessary
Qualifications
BA/BS degree preferred but not required
3+ years’ experience in group health insurance preferred
NJ health & life insurance producer license is required
Demonstrated ability to work at high levels of productivity and quality
Strong interpersonal, verbal, and written communication skills
Customer focused attitude and skills to effectively resolve inquiries
Excellent Microsoft Office knowledge, specifically Excel and Outlook
We Offer
Flexible remote and/or hybrid working arrangement
Medical, dental, & vision coverage
Insurance coverage for the unexpected
401(k) plan w/ match
Paid time off
Company culture/ wellness events
About Savoy
Savoy is a strategic partner specializing in consulting services. With more than 35 years’ experience, Savoy is a proudly independent boutique agency that provides a full suite of health and specialty benefits, individual health and life insurance, Medicare, a multichannel Contact Center, compliance and human resources services, technology, research, education, marketing, and other innovative solutions through its offices in Florida, New York, New Jersey, Pennsylvania, and Delaware.
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