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Account Manager - People Solutions (Employee Benefits)

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  • Job
    Full-time
    Senior Level
  • Customer Relations
    Business, Operations & Strategy
  • Tampa

Requirements

  • 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 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

Responsibilities

  • The Account Manager is the service experience leader of the client team, supporting/implementing the client's benefits strategy. The Account Manager supports the client and Account Executive in program administration, marketing and placement and carrier management using an intermediate understanding of employee benefits coverages, funding vehicles and strategy, and a basic understanding of EB markets. He or she also provides direction and works with the Account Analyst to deliver on client needs. A trusted advisor who is responsive and receptive, the Account Manager provides innovative solutions and industry best deliverables through and from the development of technical knowledge.
  • Develops and maintains favorable internal and external relationships, with the end goal of providing the highest level of customer service by meeting or exceeding industry standards.
  • Oversees the servicing of a designated book of business as relating to marketing, claims, and administration
  • Researches an issues’ root cause, implements, and resolves policy-related issues
  • Recommends potential enhancements or improvements to processes, products, and/or policies
  • Uses discretion and independent judgment when analyzing industry trends and providing related Client guidance.
  • Develops financial models and reports for Client and more senior staff, provides interpretation and implication of analysis, as well as recommendations
  • Provides expertise in strategic planning and consultative advice to clients, including the production, analysis, and recommendations for changes to coverage plans
  • Engages in Client strategy meetings to manage insured expectations for upcoming term
  • Develops and presents coverage plan and renewal terms to Client
  • Assesses and interprets exposure information from the Client
  • Analyzes quotes from carriers to determine appropriate recommendations
  • Interprets and evaluates policy terms to ensure adequate coverage for Client’s identified exposures
  • Facilitates Client premium financing
  • Participates in negotiations with carriers for new and renewal quotes
  • Collaborates with senior staff in selecting new markets for submission and requesting quotes
  • Reviews new business opportunity information and provides related recommendations to Unit Manager/Account Executive
  • Establishes and maintains relationships and interfaces with Clients, carriers, and other vendors
  • Researches and understands industry trends and government regulations
  • Mentors and trains junior-level staff
  • Performs other responsibilities and duties as needed

FAQs

What is the primary role of the Account Manager - People Solutions at Lockton?

The primary role of the Account Manager is to serve as the service experience leader of the client team, supporting and implementing the client's benefits strategy while overseeing program administration, marketing and placement, and carrier management.

What qualifications are required for the Account Manager position?

A Bachelor's Degree in Business Administration or a related field and/or equivalent years of experience is required, along with typically more than 7 years of client services experience.

What skills are needed for this role?

Strong knowledge of the Microsoft Office Suite, exceptional verbal and interpersonal communication skills, a solid understanding of the brokerage industry, and the ability to interpret industry trends and governmental regulations are essential.

Is there a mentoring component to this position?

Yes, the Account Manager is expected to mentor and train junior-level staff.

What are the expectations regarding travel for this position?

The position requires the ability to travel by automobile and aircraft as needed.

Are there opportunities for career growth with this role?

Yes, Lockton is committed to providing opportunities for growth and creating rewarding career paths for employees.

What is Lockton's stance on diversity, equity, and inclusion?

Lockton is committed to an inclusive culture and environment, actively supporting diversity, equity, and inclusion as core values of the organization.

What kind of work environment can I expect?

The role is an in-office position that fosters a caring culture and encourages teamwork and collaboration.

What are the typical working hours for this position?

While it is a full-time position, the Account Manager may need to work outside of normal business hours as needed.

How does Lockton support employee wellbeing?

Lockton provides industry-leading health insurance and additional options to support the overall health and wellbeing of employees.

Finance
Industry
10,001+
Employees
1966
Founded Year

Mission & Purpose

What makes Lockton stand apart is also what makes us better: independence. Lockton's private ownership empowers its 10,750+ Associates doing business in over 140+ countries to focus solely on clients' risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results.

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