Account Executive

Posted 2 Days Ago
Be an Early Applicant
Melville, NY
In-Office
110K-130K Annually
Senior level
Insurance
The Role
The Account Executive will manage client relationships, resolve issues, design benefit plans, and prepare financial reports, ensuring effective communication and advocacy for clients' needs.
Summary Generated by Built In

About HUB:

When you join the team at HUB International, you become part of the largest privately owned global insurance broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. Becoming a part of HUB means that you thrive in an entrepreneurial and fast paced team environment supported by over 20,000 professionals in 570+ offices across North America.

We help businesses evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees. As a global firm, we offer employees resources in both technology and industry expertise, but we still maintain the local flavor of our offices. Our structure enables our teams to maintain their own unique, regional culture.

We currently have an opportunity for an Account Executive on our Employee Benefits team.

Core Responsibilities

  • Day to day contact for client

  • Develop strong relationships

  • Resolve claims and administrative issues

  • Act as liaison with insurance carriers and as an advocate for clients

  • Conduct group enrollment meetings

  • Design benefit plan in conjunction with client needs and financial resources

  • Process renewals, including competitive bidding, providing cost effective plan design alternatives and employee contribution scenarios

  • Prepare spreadsheets and renewal presentations as appropriate

  • Prepare summary plan descriptions and other employee communication materials

  • Provide client with periodic financial reports (monthly, quarterly, or annually, as provided by insurer) to assess plan’s performance and as a tool for renewal planning

  • Coordinate timely delivery of Schedule A information for 5500 preparation, as appropriate

  • Maintain & manage client information through HUB’s Agency Management System & data standards

Typical Additional Responsibilities

  • Coordinate health fairs and wellness initiatives when requested by client

  • Prepare claim utilization analysis on self funded and fully insured clients, as appropriate

  • Secure stop-loss coverage for self insured clients, as appropriate​

Knowledge/Skills & Abilities Required

  • College degree or equivalent work experience

  • Minimum of 5 years experience in brokerage, consulting, insurance company, or corporate benefits environment

  • Experience working in markets not limited to NY/NJ a plus

  • Excellent analytical & problem-solving skills

  • Excellent verbal and written communications skills

  • Excellent interpersonal skills

  • Computer literate in Word, Excel and PowerPoint

  • Highly detail-oriented

  • Ability to multi-task

  • Must have valid Life and Health License

The expected pay range for this position is $110,000 to $130,000 and will be impacted by factors such as the successful candidate’s skills, experience, and work location, as well as the specific position’s business line, scope, and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and commissions for some positions.

Department Account Management & Service

Required Experience: 5-7 years of relevant experience

Required Travel: Negligible

Required Education: Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the recruiting team [email protected]. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

Top Skills

Excel
PowerPoint
Word
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The Company
HQ: Chicago, IL
10,055 Employees
Year Founded: 1998

What We Do

Hi, we’re HUB.

We advise businesses and individuals on how to reach their goals. When you partner with us, you’re at the center of a vast network of risk, insurance, employee benefits, retirement and wealth management specialists that bring clarity to a changing world with tailored solutions and unrelenting advocacy.

So you’re ready for tomorrow.


About Hub International
Headquartered in Chicago, Illinois, Hub International Limited (Hub) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

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