Employee Benefits Procurement Expert

2 weeks ago

Richmond, Virginia, United States Scott Insurance Full time

With a legacy spanning over 160 years, Scott Insurance stands at the forefront of crafting intelligent strategies and innovative solutions tailored to the requirements of mid-market enterprises. Our offerings encompass property & casualty, employee benefits, captive insurance, and surety bonds, in addition to personal risk management services. As an employee-owned organization, we rank among the largest independent agencies in the Southeast, with Captive Insurance operations extending to multiple locations. For three decades, we have been recognized as a Best Practices Agency and consistently feature among the top 30 agencies nationally, as acknowledged by Reagan & Associates. Furthermore, we have been honored on Business Insurance's national Best Places to Work list.

Our company culture thrives on teamwork, exceptional benefits, and robust retirement programs. As employee owners, our associates are more than just employees; they are integral stakeholders in our success. This unique ownership fosters a distinctive company culture and opens up significant opportunities for our employee owners. We are propelled by an entrepreneurial mindset and innovative thinking, enabling us to deliver unparalleled service to our clients, primarily mid-market companies.

KEY OBJECTIVES OF THE ROLE

The Benefits Procurement Specialist plays a crucial role in serving our clients by delivering comprehensive product and service information. You will act as the primary contact for clients seeking assistance with product and service inquiries, as well as service requests related to new and renewal insurance accounts.

QUALIFICATIONS AND REQUIREMENTS

  • A two to four-year college degree or an equivalent combination of education and relevant work experience.
  • A minimum of two years of experience in benefits administration is essential.
  • A Life and Health license or the ability to obtain one within a specified timeframe is required.
  • CEBS designation and/or progress towards this designation is preferred.
  • Demonstrated ability to maintain a high level of confidentiality and manage sensitive information.
  • Adept at creative problem-solving.
  • Capability to effectively implement project management strategies.
  • Exceptional written and verbal communication skills.
  • Outstanding presentation abilities.
  • Superior organizational skills, with the capacity to manage multiple tasks and prioritize effectively.
  • Exceptional relationship-building skills.
  • Proficiency in Excel.
PRIMARY DUTIES AND RESPONSIBILITIES
  • Conduct thorough market analysis prior to the renewal date of all client coverages for both new and renewal business.
  • Ensure that all contracts and policies are accurate and up-to-date.
  • Establish and nurture positive relationships with carriers.
  • Market all lines of group insurance, including medical, dental, and disability.
  • Prepare proposals for new business and renewals.
  • Create precise spreadsheets and proposals for client presentations.
  • Assist in formulating strategies for the marketing and placement of accounts.
  • Collaborate with the accounting department to reconcile any commission discrepancies by making necessary adjustments and contacting insurance carriers to identify the source of issues.
  • Document all activities in the agency management system, including phone conversations, letters, RFPs, proposals, memos, and emails.
  • Participate in seminars to stay informed about industry developments and engage in continuing education opportunities.
  • Perform additional duties as assigned.

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