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Group Health Insurance Account Executive

Group Health Insurance Account Executive

The Misch GroupBaltimore, Maryland, US
9 days ago
Job type
  • Full-time
  • Quick Apply
Job description

Description

This is a client-facing position and with competencies and advanced knowledge of benefit programs, HR  administrative functions, underwriting principles, medical funding arrangements, and plan design options.  Emphasis on proactive client service and main liaison between the client and carrier / vendors.

Key Responsibilities

∙ Overall client lead for implementation, renewal, open enrollment, and ongoing service. ∙ Onboard new clients by working with incumbent carriers for takeover information, prepare internal new  business documentation, ensure carrier appointment / licensing paperwork is in place.

∙ Lead renewal process with carriers, negotiations, and plan alternatives, with or without VP of Operations,  depending on account size and complexity.

∙ Lead the RFP process; spreadsheet and compare carrier proposals, ensure accuracy and alignment with  client objectives; ability to make recommendations to VP of Operations and / or Producer. ∙ Prepare and present proposals with recommendations to client; include contribution modeling and plan  modeling such as HRA impact, with team assistance as needed.

∙ Proactively assist with compliance and / or ACA requirements such as determining affordability rate, PCORI  fee responsibility, and understanding / modeling A and B potential penalties.

∙ Lead open enrollment process, conduct open enrollment meetings virtually or in-person. ∙ Understand, implement, and manage eligibility process and support clients utilizing internal resources,  carrier portals and / or enrollment platforms.

∙ Remain current on vendor / carrier plans and programs, industry trends and legislation. ∙ Consistently follow client service workflows and appropriately engage internal resources and escalate as  necessary.

∙ Develop and maintain positive working relationships by collaborating with coworkers and carriers / partners. ∙ Assist other team members and act as a backup as needed.

Skills, Knowledge and Expertise

∙ Prior broker experience, 5-8 years in a similar role or Human Resources benefits role. ∙ Advanced knowledge of medical, dental, vision and ancillary benefits.

∙ Proficient understanding of ALE rules and regulations, such as ACA, COBRA, HIPAA, Section 125,  Wrap Documents, 5500 requirements.

∙ Microsoft Office suite experience required (Excel, Word, PowerPoint).

∙ Familiar with Employee Navigator, HRIS systems, EDI process with carriers is a plus. ∙ Detail oriented and well organized with a sense of urgency, be a problem solver, servant leader, and a  good communicator.

∙ Team player with the ability to build rapport, confidence, and trust externally and internally.

Stone Hendricks Group is a direct-hire search firm that brings together years of experience and a diverse range of talent to connect businesses with exceptional job candidates. With a focus on timely and effective recruitment, we understand the power of a well-formed employee base in helping businesses achieve their goals. We offer our services to businesses of all sizes, providing qualified candidates for blue- and grey-collar roles, as well as white-collar and executive positions. The success of our direct-hire search process is driven by our advanced training, proprietary technology, and extensive network across industries. At Stone Hendricks Group, we value integrity and prioritize connectedness, commitment, and candor in our interactions with both employers and job seekers. Our clients consider us trusted advisors, relying on the highly personalized service we provide and our ability to find candidates that are an ideal fit for their unique needs. Choose Stone Hendricks Group for unsurpassed direct-hire search services that match successful organizations with talented job candidates.

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Insurance Account Executive • Baltimore, Maryland, US

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