Insurance Benefits Advisor

2 weeks ago


New York, New York, United States Jobot Full time
Job Overview:
This role is hosted by Jobot, and we are looking for a dedicated professional to join our team as an Employee Benefits Producer.

About Us:
At Jobot, we are committed to fostering long-term partnerships with our clients, insurance providers, and employees, built on trust and mutual respect. Our core values guide our actions and vision.

Why Work With Us?
We pride ourselves on being a stable organization that values a "Family First" culture. Our diverse clientele ranges from local businesses to global enterprises, and our growth is attributed to our unwavering commitment to meeting their insurance needs. Opportunities for book ownership and partnership are available based on performance.

Key Responsibilities:
1. Client Consultation:
Engage with clients to evaluate their specific employee benefits requirements. Conduct a comprehensive analysis of current benefits programs to identify potential enhancements.

2. Market Research:
Keep abreast of industry developments, changes in insurance regulations, and available products. Investigate various insurance providers to identify optimal solutions for clients.

3. Benefit Plan Design:
Develop tailored employee benefit packages that meet client specifications, considering health insurance, retirement plans, wellness initiatives, and more. Present options to clients and assist them in making informed choices.

4. Provider Negotiation:
Negotiate with insurance carriers to secure favorable rates and terms for benefit plans. Review proposals and contracts to ensure alignment with client needs and budget constraints.

5. Compliance and Regulation:
Stay updated on local, state, and federal regulations governing employee benefits, ensuring client plans remain compliant.

6. Cost Analysis:
Assess the cost-effectiveness of various benefit options, considering contributions from both employers and employees.

7. Client Education:
Inform clients and their employees about benefit options, eligibility criteria, and enrollment processes. Provide assistance with benefits-related inquiries.

8. Administrative Support:
Facilitate the implementation of benefit plans, including enrollment and communication. Address any administrative challenges related to employee benefits.

9. Ongoing Client Relationship:
Build and maintain strong, long-term relationships with clients, serving as a trusted advisor for their evolving benefit needs. Conduct regular reviews to ensure plans meet client objectives.

10. Documentation and Reporting:
Maintain accurate records of client interactions and benefit plan details. Prepare reports for clients, insurance providers, and internal stakeholders.

11. Sales and Business Development:
Identify opportunities to expand the client base and increase revenue through cross-selling or upselling insurance products and services.

Qualifications:
- Bachelor's degree in a relevant field (e.g., Business, Finance, Human Resources).
- Relevant certifications or licenses, such as Certified Employee Benefit Specialist (CEBS) or state insurance licenses, may be required.
- Strong understanding of employee benefits, insurance products, and applicable laws and regulations.
- Excellent interpersonal and communication skills.
- Proficient negotiation and analytical abilities.
- Capability to work independently and collaboratively within a team.
- Proficiency in software tools for data analysis and presentation.

We look forward to your interest in this opportunity.

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