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Professional Group Plans

Broker Account Manager (Hybrid to In-House) Chicago, Illinois

Professional Group Plans, Chicago, Illinois, United States, 60290

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Broker Account Manager (Hybrid to In-House) Chicago, Illinois

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Broker Account Manager (Hybrid to In-House) Chicago, Illinois

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Professional Group Plans Broker Account Manager (Hybrid to In-House) Chicago, Illinois

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Broker Account Manager (Hybrid to In-House) Chicago, Illinois

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Professional Group Plans Get AI-powered advice on this job and more exclusive features. Job Description

We are looking for an experienced Broker Account Manager for our Chicago, Illinois location. This position will be hybrid to start, but builds to 5 days per week in-office. As an Account Manager, you will be responsible for effectively managing broker relationships, evaluating renewals to determine appropriateness of rates and rate components, analyzing carrier claims and utilization reports (where available), and reporting findings back to brokers. You will also be preparing, negotiating, and substantiating annual renewals. Working with our marketing department to create benefit overviews, answer benefits questions, handle service issues, benchmarking, HRIS support and implementation, reviewing contracts and Summary Plan Descriptions, and conducting enrollment meetings. Job Description

We are looking for an experienced Broker Account Manager for our Chicago, Illinois location. This position will be hybrid to start, but builds to 5 days per week in-office. As an Account Manager, you will be responsible for effectively managing broker relationships, evaluating renewals to determine appropriateness of rates and rate components, analyzing carrier claims and utilization reports (where available), and reporting findings back to brokers. You will also be preparing, negotiating, and substantiating annual renewals. Working with our marketing department to create benefit overviews, answer benefits questions, handle service issues, benchmarking, HRIS support and implementation, reviewing contracts and Summary Plan Descriptions, and conducting enrollment meetings.

Responsibilities

Market renewals for all Health and Ancillary lines of coverage; review carrier proposals for accuracy Create finalized broker/employer presentations Handle general service issues claim, billing, commissions, enrollment, etc. Review claims reports and substantiate renewals Conduct employee enrollment meetings 5500 and other related compliance filings Assist with employee communications materials

Qualifications

5+ years experience in employee benefits or health insurance field is required Excellent verbal/written and organizational skills Proficiency in Word, Excel, and PowerPoint GA Health, Life & Accident License preferred Bachelors Degree and/or equivalent related experience

Compensation

$50,000 $100,000 + Commission (Depending On Experience)

Seniority level

Seniority level

Mid-Senior level Employment type

Employment type

Full-time Job function

Job function

Finance and Sales Industries

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