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Senior Account Manager- Employee Benefits

Senior Account Manager- Employee Benefits

Lockton, Inc.Los Angeles, CA, United States
3 days ago
Job type
  • Full-time
Job description

Job Summary :

Lockton is seeking a motivated and detail-oriented Senior Account Manager in the Employee Benefits space. This role requires a strong commitment to building relationships, exceeding client expectations, and providing excellent client service. As a Senior Account Manager, you will oversee the day-to-day management and support of employee benefits policies, ensuring client satisfaction and successful renewals.

Position Responsibilities

  • Lead the servicing of a designated book of business, including renewal, marketing, issue resolution, and client support.
  • Use discretion and independent judgment to analyze industry trends and provide related guidance to clients.
  • Address and resolve escalated claims, billing, and eligibility issues to ensure timely and satisfactory outcomes for clients.
  • Develop financial models and reports for clients and senior team members. Provide interpretation, implications of analysis, and actionable recommendations.
  • Participate in client strategy and renewal meetings to understand client expectations and ensure that the results align with our commitments.
  • Lead the marketing of all product lines, develop presentation of results and present results, with oversight.
  • Lead communications, and open enrollment activities to ensure a successful renewal process, along with supporting implementation.
  • Participate in negotiations with carriers for new and renewal quotes. Prepare renewal presentation and present results, with oversight.
  • Analyze quotes to determine appropriate recommendations and ensure adequate coverage for clients.
  • Identify gaps in coverage or cross-sell opportunities and provide related recommendations.
  • Lead implementation, communications, and open enrollment activities to ensure a successful renewal process.
  • Address and resolve escalated claims, billing, and eligibility issues to ensure timely and satisfactory outcomes, as directed, with timely responses.
  • Establish and maintain relationships with clients, carriers, and other vendors.
  • Research and understand industry trends, carrier product offerings, and governmental regulations.
  • Educate clients on compliance and regulatory matters.
  • Mentor and train junior-level staff, fostering a collaborative and supportive work environment.
  • Perform other responsibilities and duties as needed to support the team and clients.

Requirements :

Position Qualifications

  • Bachelor's Degree in Business Administration or a related field, or equivalent years of experience.
  • Typically, three or more years of client services experience is required.
  • Demonstrates strong working knowledge and experience within the brokerage / commercial insurance industry.
  • Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint).
  • Strong attention to detail and organizational skills to prioritize heavy workloads and meet time-sensitive deadlines.
  • Ability to work in a team environment and manage multiple tasks & projects with competing deadlines.
  • Understands industry trends and governmental regulations.
  • Ability to attend industry training sessions and complete continuing education requirements as needed.
  • Readiness to expand knowledge and effectiveness in the insurance industry through extended education beyond continuing education requirements.
  • Ability to comply with all company policies and procedures, proactively protecting the confidentiality of client and company information.
  • Must have strong verbal, written, and interpersonal skills to interact with clients, project team members, and associates at all levels of responsibility, representing Lockton in the highest professional manner.
  • Ability to work outside of regular business hours and travel by automobile and aircraft, with the possibility of being away from home for more than one day and night.
  • Legally able to work in the United States.
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    Account Manager • Los Angeles, CA, United States

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