Account Executive - Employee Benefits at United Insurance

Portland, Maine, United States -

Full Time

Start Date

Immediate

Expiry Date

04 May, 26

Salary

0.0

Posted On

03 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

New Business Development, Sales Goal Achievement, Book of Business Management, Client Retention, Lead Cultivation, Effective Communication, Strategic Selling, Prospecting, Relationship Building, Compliance Knowledge, Sales Pipeline Management, Vendor Relationship Management, Client Satisfaction, Contract Negotiation, Health Care Reform Knowledge, Microsoft Excel Proficiency

Industry

Insurance

Description

Description The Account Executive ~ Employee Benefits is responsible for developing new business opportunities, closing sales to achieve established annual sales goals, and strategically managing and retaining an assigned book of business. The Account Executive works closely and in partnership with internal resources to identify and cultivate leads, as well as with client management and service teams to effectively and strategically service and retain clients. Effective communication, listening, collaboration and strategic selling skills are critical to success. ESSENTIAL DUTIES AND RESPONSIBILITIES The essential functions include, but are not limited to the following: Identify, prospect, and close new business via referrals, networking sources, and organic prospect meetings to meet monthly and annual revenue goals. Work closely and effectively with internal teams to strategically nurture and cultivate prospects. Work closely with account manager(s) to identify markets for solicitation of new business. Build rapport and business relationships quickly and effectively via face-to-face and phone, social media, blogs, and other thought leadership opportunities. Educate prospects on business trends, compliance, products evolution, and company value proposition. Manage sales pipeline and sales activities via internal databases. Attend association events and meetings based on targeted verticals. Establish vendor relationships and develop referral sources. Foster and manage overall relationship with clients to ensure high client satisfaction and annual retention goals. Work closely and effectively with account management and service teams to ensure client needs are met. Communicate multi-year strategy to clients. Create and oversee client wellness program strategies. Work closely and collaboratively with Client Service and Sales leaders to improve processes or services as needed. Review client team’s RFPs to ensure proper strategy is being executed. Oversee overall service delivery and work closely with internal service teams regarding clients’ pre-renewal strategy, renewal, open enrollment and post renewal follow-up. Conduct client meetings (in conjunction with service team members where appropriate) regarding pre-renewal strategy, renewal, open enrollment and post renewal follow-up. Negotiate client contracts with carriers. Remains fully knowledgeable on compliance issues governed by legislation and regulations impacting employer sponsored health and welfare plans such as HIPAA, ERISA, Tax Code SEC 125, PPACA and state sponsored health insurance exchanges. Travel as needed. Performing other duties as assigned. Requirements Experience in broker agency or benefit administration firm, required. 4+ years’ of sales and/or employee benefits experience, preferred; 2+ required Experience selling to C-Suite, strongly preferred. Current life and health insurance license, required. Bachelor’s Degree, preferred. Must be up to date and knowledgeable on Health Care Reform and health and ancillary insurance products. Must have a practical knowledge of quoting process and tools. Must be proficient in Microsoft Excel and familiar with database applications. Must have excellent verbal and written communication skills, with the ability to influence and effectively interact with C-suite clients and prospective clients. Must possess the ability to work with clients at a senior strategic level. Strong leadership skills Must be self-motivated and disciplined. Ability to thrive in fast-paced environment and meet or exceed annual sales and retention goals. Must be highly skilled in use of Microsoft Office Experience with customer relationship management (CRM) software program, preferred. Ability to articulate the company’s value proposition and capabilities. Must be organized and detail-oriented, with the ability to meet deadlines and work well with others. PHYSICAL DEMANDS AND WORK ENVIRONMENT The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers, handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate.

Responsibilities

The Account Executive is responsible for developing new business opportunities, closing sales to meet annual goals, and strategically managing an assigned book of business through close partnership with internal teams. Key duties include identifying and closing new business, managing the sales pipeline, overseeing client service delivery, and ensuring high client satisfaction and retention.