CPS, Inc.
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Employee Benefits Account Executive
Posted: 04/09/2024
2024-04-09
2024-05-09
Industry: Employee Benefits & Retirement Services
Job Number: RC24.2.22.5
Remote:
Experience:
Job Description
Position Overview:
We are seeking an experienced and client-focused Employee Benefits Account Executive to join our team. The Account Executive will be responsible for managing a portfolio of employee benefits accounts, advising clients on benefit plan design and strategy, and delivering exceptional service to ensure client satisfaction and retention.
Responsibilities:
1. Serve as the primary point of contact for assigned employee benefits clients, building strong relationships and providing strategic guidance on benefit plan design, compliance, and administration.
- Conduct thorough analyses of clients' benefit needs and objectives, and develop customized employee benefits solutions to meet their specific requirements.
- Collaborate with clients to design, implement, and manage group health, dental, vision, life, disability, and other employee benefits programs.
- Stay informed about industry trends, regulatory changes, and emerging best practices in employee benefits to provide clients with timely and relevant advice and recommendations.
- Negotiate with insurance carriers and benefit providers to obtain competitive quotes, analyze proposals, and recommend appropriate coverage options to clients.
- Conduct employee benefits presentations and enrollment meetings for clients' employees, providing education and support to help them make informed benefit decisions.
- Monitor and analyze client data, claims experience, and utilization patterns to identify opportunities for cost savings, program enhancements, and risk mitigation strategies.
- Assist clients with benefits compliance, including ACA reporting, ERISA requirements, COBRA administration, and other regulatory obligations.
- Coordinate with internal teams, including account managers, benefits specialists, and support staff, to ensure seamless delivery of employee benefits services and solutions.
- Maintain accurate client records, documentation, and correspondence in agency management systems.
Qualifications:
- Bachelor's degree in Business Administration, Human Resources, or related field preferred.
- Minimum of 4 years of experience in employee benefits consulting, brokerage, or account management.
- Strong knowledge of employee benefits products, including group health insurance, voluntary benefits, retirement plans, and compliance requirements.
- Possess or working towards industry designations such as CEBS, PHR, or SHRM-CP preferred.
- Excellent communication, interpersonal, and presentation skills.
- Detail-oriented with strong organizational and time management abilities.
- Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
- Proficiency in benefits administration systems, Microsoft Office Suite, and other relevant software applications.
- Current insurance license required.
- Commitment to delivering exceptional service and building lasting client relationships.
Benefits:
- Competitive salary commensurate with experience
- Comprehensive benefits package including health insurance, retirement plan, and paid time off
- Professional development and continuing education opportunities
- Collaborative and supportive work environment
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