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Benefits Market Leader
Benefits Market LeaderMGMT Global Consulting • Los Angeles, CA, US
Benefits Market Leader

Benefits Market Leader

MGMT Global Consulting • Los Angeles, CA, US
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Benefits Market Leader

Insurance - Retail Brokerage / Agency

Employee Benefits (Benefits)

Work at Home or Office (Remote / Hybrid)

The Employee Benefits Market Leader works collaboratively with the Producers and Account Executives to manage the Benefits business. They provide technical support that requires a thorough understanding of employee benefits, the ability to think critically and provide strategic direction, the application of advanced math and Excel skills, and establishing and maintaining great collaborative relationships.

Remote / Hybrid

Responsibilities

  • Function as the subject matter expert in strategy meetings with Account Executives and Producers.
  • Develops and communicates strategy for RFPs, results, and reports to carrier partners / vendors.
  • Interprets client's needs and makes recommendations on the direction of RFP and contribution analysis.
  • Understand and analyze the respective markets and products to find the best solutions to meet clients' needs.
  • Examines benefits and claims data for inclusion in RFPs, organizes carrier & vendor bids received, and follows up on non-responses and late submissions.
  • Negotiates, when necessary, with carriers throughout the RFP process.
  • Addresses carrier questions during the RFP process and advises carriers on the client benefit strategy.
  • Conduct claims analysis and contribution modeling.
  • Interprets census data and evaluates it for accuracy.
  • Communicates with Account Executives and Producers on the status of marketing activity.
  • Reviews insurance bids to comply with specifications, identify critical differences in proposals, and maintain client databases within internal systems.
  • Creates and updates templates used during the strategy and marketing process.
  • Adds to and maintains client access to external online portals.
  • Provides training as a subject matter expert to other Client Services team members on various topics.
  • Manages and assists with client-related service issues

Factors for Success

  • 4+ years related benefits experience or equivalent combination of college work and work experience
  • High School Diploma - Bachelor's Degree preferred
  • Demonstrated computer proficiency to include intermediate knowledge of Microsoft Office with advanced skills in Excel - Knowledge of Project Management software and Database software is a plus.
  • Must hold a valid CA Life Agent license or will obtain within six months of hire
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
  • Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
  • Demonstrated math aptitude, including the ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages

    • They offer competitive compensation and a comprehensive benefits package, including :

  • Medical / dental coverage
  • Retirement Plan with 50% company match (first 6% of contribution)
  • Vacation / holiday pay
  • Medical and dependent care flexible spending accounts

    • Department Account Management & Service

    Required Experience : 2-5 years of relevant experience

    Required Travel : No Travel Required

    Required Education : Diploma

    J-18808-Ljbffr

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    Market Leader • Los Angeles, CA, US