Account Executive Key Accounts

4 weeks ago


Chicago, Illinois, United States Lockton Full time

We are seeking an experienced Account Executive to lead our client services efforts in the Employee Benefits space. As a key member of our team, you will be responsible for developing and delivering strategic benefit solutions that meet the needs of our clients.

Key Responsibilities:

  • Provide strategic planning and consulting advice to clients, including the production of Requests for Proposal and coordination of vendor responses.
  • Maintain and enhance Lockton's relationships with existing clients through proactive, creative, and ongoing contact initiatives.
  • Consult with clients to review investment options, vendor services, fees, strategies, and goals.
  • Consult regularly with clients to review large claims, abnormal utilization results, and monthly claims experience.
  • Develop and maintain dependable working relationships with carriers, broker servicing networks, and other providers.
  • Oversee issue-resolution between client and vendor.
  • Coordinate market selection for new and renewal business on designated accounts.
  • Initiate and duplicate new business report activities.
  • Generate new business opportunities through cross-selling.
  • Negotiate program terms and costs.
  • Mentor and train junior-level staff.

Requirements:

  • Bachelor's degree in business administration or related field and/or years of experience equivalent.
  • 10 years or more of client service experience in a health and welfare/employee benefits environment.
  • At least 5 years of experience in a consulting and/or brokerage firm.
  • Experience presenting in front of clients.
  • Experience with servicing complex business transactions, such as acquisitions, mergers, and divestitures.
  • Current Life & Health license or ability to obtain immediately.
  • Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint).
  • Strong verbal and interpersonal communication skills required.
  • Demonstrates strong working knowledge and experience within brokerage industry.
  • Substantial experience in marketing and servicing the insurance employer-sponsored benefit plan.
  • Extensive working knowledge of regulatory requirements of employer-sponsored plans.
  • Understands industry trends and governmental regulations.
  • Ability to complete continuing education requirements as needed.
  • Ability to attend company, department, and team meetings as required, including industry training sessions.
  • Ability to travel by automobile and aircraft.
  • Ability to work outside of normal business hours as needed.

About Lockton:

Lockton is the largest privately held independent insurance brokerage in the world. Our independence has allowed us to serve our clients, take care of our people, and give back to our communities. We empower our 10,000+ Associates to do what's right every day.

We believe in the power of all people and strive to cultivate a caring culture that learns from, celebrates, and thrives because of our breadth of differences. We recognize that recruiting, developing, and retaining people with diverse backgrounds and experiences is vital to our long-term success.

We are committed to an inclusive culture and environment where our people, clients, and communities are treated with respect and dignity. We provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.


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