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Senior Account Executive
2 months ago
As a Senior Account Executive - Healthcare Specialist at Lockton, Inc., you will play a critical role in maintaining and enhancing our relationships with existing clients by executing proactive, creative, and ongoing contact initiatives. This strategic position requires a strong understanding of the healthcare industry and the ability to work at a high level with large and complex clients.
Key Responsibilities:- Maintain and enhance relationships with existing clients through proactive contact initiatives.
- Work at a strategic level with large and complex clients to identify and capitalize on new business opportunities.
- Develop and implement cross-selling strategies to generate revenue.
- Provide strategic planning and consulting advice to clients, including the production of Requests for Proposal and analysis of vendor responses.
- Consult with clients to review investment options, benefit services, fees, strategies, and goals.
- Consult regularly with clients to review large claims, abnormal utilization results, and monthly claims experience.
- Review and issue profitability analyses on all fee-at-risk proposals.
- Assist in the establishment and attainment of revenue goals for existing and new business.
- Provide input in the development and implementation of policies and procedures, as well as operating and strategic plans within the area of specialty.
- Develop and maintain dependable working relationships with carriers, broker servicing networks, and other providers.
- Oversee issue-resolution between clients and vendors.
- 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.
- May help coordinate the day-to-day administrative activities among those servicing the client's account, including the coordination of all support services such as claims and loss control.
- Provide information, concepts, techniques, and programs to department associates to improve and enhance working knowledge.
- Mentor and train junior-level staff.
- Research and understand industry trends, product development, and government regulations.
- Bachelor's Degree in Business Administration or related field and/or years of experience equivalent.
- Typically, more than 7 years of client services experience is required.
- 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 the brokerage industry.
- 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 comply with all company policies and procedures, proactively protecting confidentiality of client and company information.
- Ability to efficiently organize work and manage time to meet deadlines.
- Ability to travel by automobile and aircraft.
- Ability to use office equipment such as a computer, keyboard, calculator, photocopier, and facsimile machine.
- Ability to work on a computer for a prolonged amount of time.
- Ability to work outside of normal business hours as needed.
- Legally able to work in the United States.