System Search is currently recruiting for Benefits Account Executives in multiple locations in Virginia including:
Responsibilities of Benefits Account Executives include:
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- Interact with clients on a day-to-day basis while developing and maintaining relationships with both client and carrier representatives
- Negotiates terms, conditions, coverage limits and pricing with carriers and wholesalers
- Acts as the subject matter expert on Health & Welfare Benefits and vendor/carrier products and services
- Maintains a project plan to ensure client deliverables are provided on time
- Uses online carrier tools to develop quotations, prepares pre-renewal information and updates client proposal tables
- Understands and articulates alternative funding strategies.
- Keeps clients apprised of appropriate industry trends and events, including all state and federal regulatory issues
- Maintains relationships with carrier representatives in order to better understand available products and services in the marketplace and recommend them to clients
- Reviews request for proposals and insurance plan analyses, negotiates with carriers and recommends renewal actions
- Oversees open enrollment process for clients
- Reviews employee presentations and communication materials
- Conducts and presents annual client compliance audits
- Explains legislative guidelines including COBRA, HIPPA, ERISA, Section 125, and Health Care Reform to clients; Keep clients aware of updates on relevant
- Interprets plan rules to ensure compliance with Plan Documents and Summary Plan Descriptions (SPDs)
Requirements of the Account Executive:
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- Bachelor’s Degree Preferred
- Health and welfare consulting experience preferred
- Current Life, Accident, and Health Insurance License
- GBA or CEBS Certification a plus
- Knowledge of benefits administration, HealthCare Reform, industry trends, carrier products and services
- Effective time management and decision making skills
- Ability to express ideas clearly in both written and oral communications
- Strong Microsoft Excel and PowerPoint skills
Other Job Titles considered include Senior Account Executive, Senior Account Representative, Senior Account Specialist, Client Relationship Manager, Client Engagement Specialist