Lockton, Inc.
Senior Account Manager-Employee Benefits
Lockton, Inc., Chicago, Illinois, United States, 60290
Job Summary:
Position Objective:
Lockton is seeking an experienced, dynamic client services professional in the Employee Benefits space, who will bring a fierce commitment to building relationships, exceeding client expectations, and pushing our Employee Benefits Practice to new heights in the marketplace. As a Senior Account Manager, you will be responsible for the servicing and marketing needs of Lockton clients, under the direct supervision of the Unit Manager/Team Lead and in accordance with Lockton procedures.
Responsibilities:
Effectively manage service/project plan timeline for each client as developed by the AE.Support AE in the scheduling and preparation of each Gate MeetingRequest and manage receipt of all renewals from carriers.Prepare and manage “Client Renewal Workbook” and “Plan Summary Platform” for assigned accounts.Prepare RFPs for bid solicitation.Manage carrier/vendor responses and questions during bid solicitation.Clarify questions with carriers and Lockton AEReview and summarize proposals in RFP template.Notify carriers in a timely manner of final decisions once client has made final decisions.Initiate and manage all administration activity relative to implementing a new carrier.Contract reviewsImplementation meetings/callsCarrier introductionsOtherEnsure all necessary contracts/documents are executed in a timely fashion.Review SPD, Certificates, Policies and Contracts for accuracyPrepare annual compliance calendar for clients.Provide updates and responses to employer compliance issues/questions as needed.Ensure internal compliance issues are addressed, including but not limited to:Service AgreementsBroker of Record LettersBusiness Associate AgreementsCompensation DisclosuresPrepare routine claim summary/aggregate reports.Prepare and manage the employee communications material, including but not limited to:Enrollment GuidesAnnual Enrollment Meeting PowerPoint PresentationCEO LettersAnnouncementsNew Hire GuidesConduct employee meetings as needed.Prepare initial claim projections when appropriate using the PRISM tool.Work cooperatively with Financial Analysts and/or HRS team for the betterment of the client.Assume additional responsibilities from Unit Manager/Team Lead/Account Executives as appropriate.Ability to operate independently with clients on certain initiatives to relieve or create capacity for Team Lead or AERequirements:
Five+ years of employee benefits experience at a consulting and / or brokerage firm.Strong project management experience.Experience presenting in front of a clients.Experience with servicing complex business transactions, such as acquisitions, mergers, and divestitures.Experience in marketing and servicing the employee benefit programs.Organizational and time management skills to prioritize heavy workloads to meet time sensitive deadlines.Strong knowledge of Microsoft products (Word, Excel, PowerPoint, Outlook) or similar software applicationsDevelop and maintain strong working knowledge of PRISM.Demonstrated analytical and problem-solving skills.Demonstrated interpersonal communication skills and ability to interact with Associates at all levels of responsibility.Strong public speaking skills to present during Enrollment MeetingsWillingness to delegate as appropriateDemonstrated understanding of when to proceed alone and when to involve the Account Executive, Unit Manager, Producer, and others.Demonstrated interpersonal communication and interaction with company personnel for favorable relationship management and account outcome.Demonstrated professional, tactful negotiation and persuasion skills to achieve objectives.Managing workflows proactively without AE interaction and in accordance with QA guidelines and demonstrated initiative to support AEs working in tandem for an efficient and effective product outcome.Ability to present proposals to clients in a professional manner.Ability to coach and mentor other Associates.Ability to consult clients on other Lockton services and insurance needs.Ability to analyze quotes for coverage adequacy.Personal presence to interface with insurance carriers' representativesAbility to travel by automobile and aircraft and stay for more than one day and night.Firm, fluent grasp of English language with above average verbal, written, and interpersonal skills to interact with Associates at all levels of responsibility.Legal right to work in the United StatesThe desire to take on a leadership role both internally and externally at Lockton.
#LI-Hybrid
Position Objective:
Lockton is seeking an experienced, dynamic client services professional in the Employee Benefits space, who will bring a fierce commitment to building relationships, exceeding client expectations, and pushing our Employee Benefits Practice to new heights in the marketplace. As a Senior Account Manager, you will be responsible for the servicing and marketing needs of Lockton clients, under the direct supervision of the Unit Manager/Team Lead and in accordance with Lockton procedures.
Responsibilities:
Effectively manage service/project plan timeline for each client as developed by the AE.Support AE in the scheduling and preparation of each Gate MeetingRequest and manage receipt of all renewals from carriers.Prepare and manage “Client Renewal Workbook” and “Plan Summary Platform” for assigned accounts.Prepare RFPs for bid solicitation.Manage carrier/vendor responses and questions during bid solicitation.Clarify questions with carriers and Lockton AEReview and summarize proposals in RFP template.Notify carriers in a timely manner of final decisions once client has made final decisions.Initiate and manage all administration activity relative to implementing a new carrier.Contract reviewsImplementation meetings/callsCarrier introductionsOtherEnsure all necessary contracts/documents are executed in a timely fashion.Review SPD, Certificates, Policies and Contracts for accuracyPrepare annual compliance calendar for clients.Provide updates and responses to employer compliance issues/questions as needed.Ensure internal compliance issues are addressed, including but not limited to:Service AgreementsBroker of Record LettersBusiness Associate AgreementsCompensation DisclosuresPrepare routine claim summary/aggregate reports.Prepare and manage the employee communications material, including but not limited to:Enrollment GuidesAnnual Enrollment Meeting PowerPoint PresentationCEO LettersAnnouncementsNew Hire GuidesConduct employee meetings as needed.Prepare initial claim projections when appropriate using the PRISM tool.Work cooperatively with Financial Analysts and/or HRS team for the betterment of the client.Assume additional responsibilities from Unit Manager/Team Lead/Account Executives as appropriate.Ability to operate independently with clients on certain initiatives to relieve or create capacity for Team Lead or AERequirements:
Five+ years of employee benefits experience at a consulting and / or brokerage firm.Strong project management experience.Experience presenting in front of a clients.Experience with servicing complex business transactions, such as acquisitions, mergers, and divestitures.Experience in marketing and servicing the employee benefit programs.Organizational and time management skills to prioritize heavy workloads to meet time sensitive deadlines.Strong knowledge of Microsoft products (Word, Excel, PowerPoint, Outlook) or similar software applicationsDevelop and maintain strong working knowledge of PRISM.Demonstrated analytical and problem-solving skills.Demonstrated interpersonal communication skills and ability to interact with Associates at all levels of responsibility.Strong public speaking skills to present during Enrollment MeetingsWillingness to delegate as appropriateDemonstrated understanding of when to proceed alone and when to involve the Account Executive, Unit Manager, Producer, and others.Demonstrated interpersonal communication and interaction with company personnel for favorable relationship management and account outcome.Demonstrated professional, tactful negotiation and persuasion skills to achieve objectives.Managing workflows proactively without AE interaction and in accordance with QA guidelines and demonstrated initiative to support AEs working in tandem for an efficient and effective product outcome.Ability to present proposals to clients in a professional manner.Ability to coach and mentor other Associates.Ability to consult clients on other Lockton services and insurance needs.Ability to analyze quotes for coverage adequacy.Personal presence to interface with insurance carriers' representativesAbility to travel by automobile and aircraft and stay for more than one day and night.Firm, fluent grasp of English language with above average verbal, written, and interpersonal skills to interact with Associates at all levels of responsibility.Legal right to work in the United StatesThe desire to take on a leadership role both internally and externally at Lockton.
#LI-Hybrid