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Account Executive- Employee Benefits (Hybrid)
Account Executive- Employee Benefits (Hybrid)NFP, an Aon company • Bethesda, MD, United States
Account Executive- Employee Benefits (Hybrid)

Account Executive- Employee Benefits (Hybrid)

NFP, an Aon company • Bethesda, MD, United States
10 days ago
Job type
  • Full-time
Job description

Account Executive- Employee Benefits (Hybrid)

NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance who has also earned the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach.

Summary : As an Account Executive in Mid Market segments, you will support consultants in managing client accounts by researching, analyzing, and evaluating medical, dental, life and disability benefits plans and programs for employers. The expectation at this level is that the Account Executive will exercise more independent thinking and be able to complete projects with little guidance from consultants.

Essential Responsibilities

  • Data entry and analysis - assist the consulting team in gathering, organizing, entering and analyzing data using Excel spreadsheets to be used for various client projects.
  • Marketing efforts – gather benchmarking, utilization or rate data from the vendors via a Request for Proposal (RFP); interpret the meaning of the data and summarize the responses from the RFP in Excel or PowerPoint format for presentation to the client
  • Plan design consolidation – gather data from the client and current vendors needed for analyzing the impact of a client’s consolidation of its healthcare plans; typically involves organizing and summarizing plan design details and costs in Excel for further analysis by the team;
  • For experience rated clients - Cost projections and vendor renewal workups – gather data from the client and vendors to populate Excel spreadsheets used for developing cost projections and evaluation of vendor renewal workups;
  • For experience rated clients - Tracking claims experience – gather data from client and vendors and check for reasonableness using independent judgment; analyze actual versus expected healthcare costs using an Excel template;
  • Understand Health and Benefits products, services and tools - Understand vendor / carrier markets, more advanced underwriting and financial skills, Health & Benefit products, services and technical tools, and intranet resources offered by NFP by participating in training courses, online learning, or through learning from more experienced colleagues
  • Project management & consulting skills – understand and demonstrate project management and consulting skills such as managing the quality and timeliness of client deliverables, helping to develop budgets and billing reports, participating in client calls and meetings as appropriate, delegating to and reviewing project work of more junior colleagues, assisting with the preparation and delivery of clear and concise client-friendly communications
  • Develop and present benchmarking reports – gather and analyze health benefits data from a national survey administered and published by various sources, input it into a standardized template and compare a client’s medical and dental plan information to other companies by industry or geography and present the final report to the client.

Requirements

  • BA / BS preferred
  • Three to five years of industry experience required
  • Intermediate to Advanced knowledge of MS Office Tools (Excel, PowerPoint)
  • Excellent interpersonal skills; strong oral and written communication skills
  • Life & Health License required
  • What We Offer We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. The base salary range for this position is $55,000 – $110,000.

    NFP is an inclusive Equal Employment Opportunity employer.

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    Account Executive • Bethesda, MD, United States

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