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NFP, an Aon company · 1 day ago

(Hybrid) Sr. Benefits Account Executive

Cleveland, OH

Full-time

Hybrid

Mid, Senior Level

$45K/yr - $130K/yr

3+ years exp

NFP, an Aon company, is a recognized leader in Business Insurance, providing innovative solutions to address significant workforce and retirement challenges. The Senior Benefits Account Executive will engage with clients to assess their needs and offer strategic benefits solutions, while managing relationships and ensuring compliance with industry regulations.

ConsultingFinancial ServicesInsuranceInsurTechWealth Management

Responsibilities

Maintains communication with Consultants to strategize overall needs of clients

Conducts Pre-Renewal visits and provides benefit and plan design strategy and benchmarking information, survey material when necessary

Oversees marketing and RFP process until completion of renewal

Coordinates with Benefit Analyst to provide necessary documentation and timelines for RFP

Responsible for peer review of spreadsheet and write-ups of client recommendations

Negotiates and ensures proper assignment of client commissions. Prepares commission checklist for client renewals

Acts as liaison between insurance carriers and client to communicate final plan decisions, rates and sold commissions

Manages activities of Benefit Coordinator, including post enrollment activities

Conducts regular client meetings with management staff (i.e. Human Resource, CFO or Healthcare Committee) to review service, compliance, education needs or client experience

Conducts client employee meetings and prepares communication pieces for open enrollment such as power point presentations and open enrollment alert newsletters (i.e. open enrollment, new acquisition, table time)

Handles escalated claim and complex compliance issues. Coordinates with Client Service Manager to review client servicing needs and identifies educational opportunities

Reviews certificates, SPD’s, SBC’s, contracts, plan installation materials for accuracy

Builds and maintains corporate wellness programs by using healthcare carrier and third party vendors as resources

Keeps clients aware of all industry trends and events, including all state and federal regulatory issues and updates. Explains legislative guidelines including COBRA, HIPPA, ERISA, Section 125, Medicare Part D, ARRA and Health Care Reform to clients

Keeps clients aware of updates on all guidelines and reporting Consults with clients to ensure they are utilizing appropriate resources to meet compliance requirements

Meets with carriers on a regular basis to keep up-to-date with product and benefit plan information

Seek opportunities for cross-selling and presents new NFP initiatives and products, e., 401K, P&C, Evolution 1, Vitality, EASE, Worksite, and HR Services

Ensure all client data is entered into CRM System

Maintaining confidentiality and HIPAA compliance with all client information obtained in the course of work

Qualification

Benefits administrationHealthCare Reform knowledgeOhio Life LicenseConsulting skillsMicrosoft ExcelMicrosoft PowerPointProject managementHIPAA CertificationInterpersonal skillsTime managementDecision-makingWritten communicationOral communication