Employee Benefits Account Manager
1 month ago
Job Summary:
We are seeking a highly skilled Employee Benefits Account Manager to join our team at GPAC. As a key member of our insurance division, you will be responsible for managing an assigned block of Employee Benefits business in the Branch.
Key Responsibilities:
- Prepare pre-renewal, renewal, and marketing reports to analyze and optimize our clients' benefits packages.
- Compare health plan benefits and costs to ensure our clients receive the best value for their money.
- Calculate employee contributions and develop strategies to meet clients' budgetary requirements.
- Prepare annual client service plans to ensure seamless delivery of our services.
- Conduct annual open enrollment meetings, health fairs, and webinars to educate clients on their benefits options.
- Collect new client information for HIB technology offerings to enhance our services.
- Author correspondence, communication materials, and compliance notices as required.
- Negotiate rates and benefits with carriers to secure the best deals for our clients.
- Audit client information, premium, and commission splits in the HIB Agency Management System (Zywave) to ensure accuracy and compliance.
Requirements:
- Excellent verbal and written communication skills to effectively interact with clients and colleagues.
- Ability to assist the Producer in organizing and meeting deadlines to deliver high-quality results.
- Proficiency in Excel, Word, and PowerPoint to create reports, presentations, and other materials.
- Knowledge of employee benefits/health plan implementation and administration to provide expert guidance to clients.
- Knowledge of regulatory issues such as ERISA, COBRA, HIPAA, and various state and federal regulations specific to health insurance.
- Ability to negotiate rates and benefits with carriers to secure the best deals for our clients.
- High School Graduate/College Degree preferred, with two or more years of experience in group health insurance or benefit brokerage/consulting.
- Life and Disability license required to ensure compliance with industry regulations.
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