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Account Executive | Employee Benefits
Account Executive | Employee BenefitsLoVasco Consulting Group • Detroit, MI, US
Account Executive | Employee Benefits

Account Executive | Employee Benefits

LoVasco Consulting Group • Detroit, MI, US
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Job Description

Job Description

Salary : Job Description

The Account Executive plays a key role in ensuring the successful delivery of our services to our clients. In this role, you will manage and advise client accounts for employers of all sizes regarding their health and benefit programs, acting as the primary consultant and relationship manager, working alongside other talented members of the benefits consulting team to help our clients succeed.

Practically speaking, the Account Executive role encompasses a wide variety of activities. Aside from managing the overall client relationship and service delivery, you will be responsible for partnering with our clients to build multi-year strategies and drive the creation of solutions to address complex issues. You will also serve as the subject matter expert in the new business sales process.

To be effective in this role, you need to build deep relationships with clients and learn about their business, benefits, and human capital needs, so that clients are comfortable collaborating with LoVasco to identify and resolve any issues related to their Total Rewards program.

Job Responsibilities

Client Consultation & Relationship Management. The Account Executive serves as the primary client-facing consultant, delivering proactive support and responsive service. Lead client meetings, facilitate discussions with HR and executive stakeholders, and present strategies, benchmarking data, and financial analyses in a clear, compelling manner. Build and maintain strong, long-term relationships based on trust, expertise, and consistent delivery of value.

Benefits Strategy & Plan Management. Develop, analyze, and manage group insurance programsincluding medical, dental, vision, life, and disabilityin the context of broader employee total rewards strategies. Provide data-driven insights to clients regarding plan performance, cost management, and employee engagement. Collaborate with clients to design benefits strategies that balance cost-effectiveness with competitiveness in the marketplace.

Multi-Year Strategic Planning. Apply strong analytical and critical thinking skills to evaluate benefit plan performance, identify emerging trends, and recommend innovative solutions. Partner with clients on long-term benefits strategies that align with organizational goals and workforce needs.

Quality Assurance & Deliverables. Ensure the accuracy, consistency, and professionalism of all client deliverables, including reports, financial analyses, presentations, and compliance documents. Take ownership of both individual and team outputs, demonstrating a commitment to excellence and attention to detail in every client interaction and project outcome.

Regulatory Compliance & Risk Management. Maintain a thorough knowledge of all federal and state regulatory requirements impacting employer-sponsored health and welfare benefit plans, including PPACA, COBRA, HIPAA, and ERISA. Ensure client benefit programs remain compliant by monitoring legislative updates, advising on compliance strategies, working with legal counsel partners, and supporting the preparation of required filings, notices, and documentation. Serve as a trusted resource to clients by translating complex regulations into practical, actionable guidance.

Sales & Business Development Support. Support sales and growth initiatives by assisting with preparing client-ready presentations and proposals. Partner with business development teams during prospect presentations and finalist meetings. Contribute expertise in plan design, compliance, and cost modeling to help win new business and strengthen the firms market presence. Maintain strong industry and carrier relationships to keep abreast of innovations and identify opportunities to enhance service capabilities.

About You

People who thrive in this position :

  • Love interacting with people.
  • Have strong organization and project management skills.
  • Feel comfortable managing multiple projects and tasks simultaneously.
  • Take on all projects with enthusiasm, regardless of complexity
  • Create positive relationships with clients and coworkers.
  • Always look for opportunities to add value.
  • Can effectively delegate
  • Are great communicators

Education, Training, and Experience

  • At least seven years of experience required, preferably in a lead role on client accounts.
  • Previous employment at an employee benefits consulting firm, insurance agency, or financial services firm.
  • Thorough knowledge of compliance and regulatory obligations applicable to employer-sponsored health plans : PPACA, COBRA, HIPAA, ERISA, etc.
  • Deep understanding of group insurance (medical, dental, vision & life and disability products), especially in the context of employee total rewards.
  • Client-facing experience in a consulting environment, with strong presentation and meeting management skills
  • Proficiency in the Microsoft Office suite of software. Experience with Asana, Box, Salesforce, and / or Craft is considered a plus.
  • Bachelor's Degree in Business Administration, Finance, Economics, Communications, Human Resources, or other related field or commensurate work experience.
  • Strong analytical skills, along with strategic planning, communication, and listening skills
  • Strong aptitude in project management, written and verbal communications, presentations, critical thinking, and financial analysis.
  • Commitment to the accuracy of own and teams work product and client deliverables.
  • Must be able to manage large, complex projects, and effectively delegate project work, be detailed, organized and resourceful.

    • About LoVasco

    LoVasco is on a mission to inspire, engage, and empower one million people to build healthier and wealthier lives.

    Our core focus is to help organizations deliver world-class benefits and compensation to the employees they care about and steward individuals financial wellbeing in and out of the workplace.

    We serve two core audiences :

  • HR and C-suite professionals of middle market companies looking to elevate their total rewards strategy (health benefits, retirement plans, compensation, and well-being).
  • Individuals looking for concierge-level financial planning and wealth management in the context of a deep relationship with a trusted advisor.

    • We are an energetic, rapidly growing company who values our commitment to taking care of people. Located in downtown Detroit, LoVasco hires dedicated professionals who deliver the highest degree of expertise and service to our clients.

    Our Core Values

  • Innovation
  • Collaboration
  • Accountability
  • Respect
  • Ethics

    • Career Path

    At LoVasco, we believe in investing in our employees and providing opportunities for job development and career expansion. Here are just a few other positions the Account Executive could grow into :

  • Managing Director : In this role, you are responsible for the overall management and strategic direction of the Employee Benefits Team. You will work closely with company leadership to drive LoVasco forward.

    • Benefits

  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Competitive compensation
  • 401(k) plan and company match
  • Employer paid life insurance, short-term, and long-term disability insurance
  • Flexible spending account
  • Generous paid time off
  • Paid parental leave
  • Summer Friday hours
  • Professional development assistance
  • Volunteer days with local charity
  • Team building events and outings
  • Remote and flexible work environment
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    Account Executive • Detroit, MI, US