Lockton
Account Executive - Commercial Insurance Healthcare
Lockton, Minneapolis, Minnesota, United States, 55400
Account Executive - Commercial Insurance Healthcare
Join to apply for the
Account Executive - Commercial Insurance Healthcare
role at
Lockton Account Executive - Commercial Insurance Healthcare
Join to apply for the
Account Executive - Commercial Insurance Healthcare
role at
Lockton Get AI-powered advice on this job and more exclusive features. Maintains and enhances Lockton’s relationships with existing Clients by executing proactive, creative, and on-going contact initiatives Proactively understands the requirements and needs of a Client account Provide strategic planning and consulting advice to clients including the production of Requests for Proposal, coordination of vendor responses, analysis and comparison of RFP responses, and preparation of a client report with recommendations Consults with Clients to review investment options, bender services, fees, strategies and goals Consults regularly with Clients to review large claims, abnormal utilization results, and monthly claims experience Reviews and issues profitability assists on all “fee-at-risk” proposals Assists in the establishment and attainment of revenue goals for existing and new business Provides input in the development and implementation of policies and procedures, as well and operating and strategic plans within area of specialty Develops and maintains dependable working relationships with carriers, broker servicing networks, and other providers Oversees issue-resolution between Client and the Vendor Coordinates market selection for new and renewal business on designated accounts Initiates and duplicates new business report activities Generates new business opportunities through cross-selling Negotiates program terms and costs May help coordinate the day-to-day administrative activities among those servicing the Client’s account including the coordination of all support services such as claims and loss control Provides information, concepts, techniques, and programs to department Associates to improve and enhance working knowledge Mentors and trains junior-level staff Researches and understands industry trends, product development government regulations Performs other responsibilities and duties as needed
Compensation And Benefits
Lockton Companies LLC is committed to offering competitive pay and benefits and complies with all relevant sate/local pay transparency laws. The entry base salary offered for this opportunity may vary, and is contingent upon candidate education, skills, abilities, essential competencies, experience, professional designations, unique qualifications, and geographic location.
Your Responsibilities
Description:
Maintains and enhances Lockton’s relationships with existing Clients by executing proactive, creative, and on-going contact initiatives Proactively understands the requirements and needs of a Client account Provide strategic planning and consulting advice to clients including the production of Requests for Proposal, coordination of vendor responses, analysis and comparison of RFP responses, and preparation of a client report with recommendations Consults with Clients to review investment options, bender services, fees, strategies and goals Consults regularly with Clients to review large claims, abnormal utilization results, and monthly claims experience Reviews and issues profitability assists on all “fee-at-risk” proposals Assists in the establishment and attainment of revenue goals for existing and new business Provides input in the development and implementation of policies and procedures, as well and operating and strategic plans within area of specialty Develops and maintains dependable working relationships with carriers, broker servicing networks, and other providers Oversees issue-resolution between Client and the Vendor Coordinates market selection for new and renewal business on designated accounts Initiates and duplicates new business report activities Generates new business opportunities through cross-selling Negotiates program terms and costs May help coordinate the day-to-day administrative activities among those servicing the Client’s account including the coordination of all support services such as claims and loss control Provides information, concepts, techniques, and programs to department Associates to improve and enhance working knowledge Mentors and trains junior-level staff Researches and understands industry trends, product development government regulations Performs other responsibilities and duties as needed
Compensation And Benefits
Lockton Companies LLC is committed to offering competitive pay and benefits and complies with all relevant sate/local pay transparency laws. The entry base salary offered for this opportunity may vary, and is contingent upon candidate education, skills, abilities, essential competencies, experience, professional designations, unique qualifications, and geographic location.
Compensation
Base salary: $100,000 USD.
Performance Bonus: This role is also eligible for an annual performance bonus, based upon the financial performance of the organization and the individual contributions of the Associate.
Lockton Benefits Offerings
At Lockton, our caring culture means we’re invested in your health and wellbeing. That’s why we’ve developed a benefits program that is all about helping you reach your ultimate potential, both at the office and at home. From health and wellness to financial wellbeing and everything in between, we have you covered. We encourage you to take advantage of the broad range of available offerings.
Health Plans – Options include United Healthcare Consumer-driven health plan or Surest variable copay plan Wellness incentive program for health premium savings Dental Plans – MetLife PPO & Copay options Vision Plan – VSP Choice Plan Health Savings Account Flexible Spending Accounts – Dependent Care, Ltd. Purpose, Healthcare, Transportation Life Insurance – Group term life, AD&D plus voluntary life options Paid parental leave Disability benefits – salary continuation & long-term disability for qualifying events Legal services Critical illness care Hospital indemnity Pet insurance Gym membership discount programs Retirement 401(K) Plan – 100% match up to 6% with immediate vesting Student loan 401(K) match option Associate assistance mental health program Merchant discounts Paid time off including vacation, holidays, personal days, volunteer days, and sick time Associate referral bonus & new business finder’s fee Company sponsored charitable and community events
Note: the above applies to regular full-time Associates; see Human Resources for part-time benefits.
Qualifications
Qualifications:
Bachelor’s Degree in Business Administration or related field and/or years of experience equivalent Typically more than 7 years of Client services experience is required Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint) Strong verbal and interpersonal communication skills required Demonstrates strong working knowledge and experience within brokerage industry Understands industry trends and governmental regulations Ability to complete continuing education requirements as needed Ability to attend company, department, and team meetings as required, including industry training sessions Ability to comply with all company policies and procedures, proactively protecting confidentiality of Client and company information Ability to efficiently organize work and manage time in order to meet deadlines Ability to travel by automobile and aircraft Ability to use office equipment such as a computer, keyboard, calculator, photocopier, and facsimile machine Ability to work on a computer for a prolonged amount of time Ability to work outside of normal business hours as needed Legally able to work in the United States
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Part-time Job function
Job function Sales and Business Development Industries Insurance Referrals increase your chances of interviewing at Lockton by 2x Sign in to set job alerts for “Healthcare Account Executive” roles.
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Join to apply for the
Account Executive - Commercial Insurance Healthcare
role at
Lockton Account Executive - Commercial Insurance Healthcare
Join to apply for the
Account Executive - Commercial Insurance Healthcare
role at
Lockton Get AI-powered advice on this job and more exclusive features. Maintains and enhances Lockton’s relationships with existing Clients by executing proactive, creative, and on-going contact initiatives Proactively understands the requirements and needs of a Client account Provide strategic planning and consulting advice to clients including the production of Requests for Proposal, coordination of vendor responses, analysis and comparison of RFP responses, and preparation of a client report with recommendations Consults with Clients to review investment options, bender services, fees, strategies and goals Consults regularly with Clients to review large claims, abnormal utilization results, and monthly claims experience Reviews and issues profitability assists on all “fee-at-risk” proposals Assists in the establishment and attainment of revenue goals for existing and new business Provides input in the development and implementation of policies and procedures, as well and operating and strategic plans within area of specialty Develops and maintains dependable working relationships with carriers, broker servicing networks, and other providers Oversees issue-resolution between Client and the Vendor Coordinates market selection for new and renewal business on designated accounts Initiates and duplicates new business report activities Generates new business opportunities through cross-selling Negotiates program terms and costs May help coordinate the day-to-day administrative activities among those servicing the Client’s account including the coordination of all support services such as claims and loss control Provides information, concepts, techniques, and programs to department Associates to improve and enhance working knowledge Mentors and trains junior-level staff Researches and understands industry trends, product development government regulations Performs other responsibilities and duties as needed
Compensation And Benefits
Lockton Companies LLC is committed to offering competitive pay and benefits and complies with all relevant sate/local pay transparency laws. The entry base salary offered for this opportunity may vary, and is contingent upon candidate education, skills, abilities, essential competencies, experience, professional designations, unique qualifications, and geographic location.
Your Responsibilities
Description:
Maintains and enhances Lockton’s relationships with existing Clients by executing proactive, creative, and on-going contact initiatives Proactively understands the requirements and needs of a Client account Provide strategic planning and consulting advice to clients including the production of Requests for Proposal, coordination of vendor responses, analysis and comparison of RFP responses, and preparation of a client report with recommendations Consults with Clients to review investment options, bender services, fees, strategies and goals Consults regularly with Clients to review large claims, abnormal utilization results, and monthly claims experience Reviews and issues profitability assists on all “fee-at-risk” proposals Assists in the establishment and attainment of revenue goals for existing and new business Provides input in the development and implementation of policies and procedures, as well and operating and strategic plans within area of specialty Develops and maintains dependable working relationships with carriers, broker servicing networks, and other providers Oversees issue-resolution between Client and the Vendor Coordinates market selection for new and renewal business on designated accounts Initiates and duplicates new business report activities Generates new business opportunities through cross-selling Negotiates program terms and costs May help coordinate the day-to-day administrative activities among those servicing the Client’s account including the coordination of all support services such as claims and loss control Provides information, concepts, techniques, and programs to department Associates to improve and enhance working knowledge Mentors and trains junior-level staff Researches and understands industry trends, product development government regulations Performs other responsibilities and duties as needed
Compensation And Benefits
Lockton Companies LLC is committed to offering competitive pay and benefits and complies with all relevant sate/local pay transparency laws. The entry base salary offered for this opportunity may vary, and is contingent upon candidate education, skills, abilities, essential competencies, experience, professional designations, unique qualifications, and geographic location.
Compensation
Base salary: $100,000 USD.
Performance Bonus: This role is also eligible for an annual performance bonus, based upon the financial performance of the organization and the individual contributions of the Associate.
Lockton Benefits Offerings
At Lockton, our caring culture means we’re invested in your health and wellbeing. That’s why we’ve developed a benefits program that is all about helping you reach your ultimate potential, both at the office and at home. From health and wellness to financial wellbeing and everything in between, we have you covered. We encourage you to take advantage of the broad range of available offerings.
Health Plans – Options include United Healthcare Consumer-driven health plan or Surest variable copay plan Wellness incentive program for health premium savings Dental Plans – MetLife PPO & Copay options Vision Plan – VSP Choice Plan Health Savings Account Flexible Spending Accounts – Dependent Care, Ltd. Purpose, Healthcare, Transportation Life Insurance – Group term life, AD&D plus voluntary life options Paid parental leave Disability benefits – salary continuation & long-term disability for qualifying events Legal services Critical illness care Hospital indemnity Pet insurance Gym membership discount programs Retirement 401(K) Plan – 100% match up to 6% with immediate vesting Student loan 401(K) match option Associate assistance mental health program Merchant discounts Paid time off including vacation, holidays, personal days, volunteer days, and sick time Associate referral bonus & new business finder’s fee Company sponsored charitable and community events
Note: the above applies to regular full-time Associates; see Human Resources for part-time benefits.
Qualifications
Qualifications:
Bachelor’s Degree in Business Administration or related field and/or years of experience equivalent Typically more than 7 years of Client services experience is required Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint) Strong verbal and interpersonal communication skills required Demonstrates strong working knowledge and experience within brokerage industry Understands industry trends and governmental regulations Ability to complete continuing education requirements as needed Ability to attend company, department, and team meetings as required, including industry training sessions Ability to comply with all company policies and procedures, proactively protecting confidentiality of Client and company information Ability to efficiently organize work and manage time in order to meet deadlines Ability to travel by automobile and aircraft Ability to use office equipment such as a computer, keyboard, calculator, photocopier, and facsimile machine Ability to work on a computer for a prolonged amount of time Ability to work outside of normal business hours as needed Legally able to work in the United States
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Part-time Job function
Job function Sales and Business Development Industries Insurance Referrals increase your chances of interviewing at Lockton by 2x Sign in to set job alerts for “Healthcare Account Executive” roles.
National Account Manager - Target & Ulta Beauty
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