Account Executive - Stop Loss
Business Insurance has recognized Lockton as one of the “Best Place to Work in Insurance” for seven years running. We think you’ll agree! A few of the reasons Associates love working at Lockton include:
•Opportunities for growth and advancement, including paid training and professional development
•12-week paid parental leave
•A huge emphasis on community involvement –Associates are encouraged to support and volunteer for their favorite charities
•Frequent athletic and wellness events
•Social and teambuilding opportunities like happy hours and other celebrations
•Incredibly generous rewards; US Associates receive a Rolex for their 10 year anniversary!
ESENTIAL DUTIES AND RESPONSIBILITIES:
•Manage and organize task lists and open items.
•Collect and review data necessary to prepare and distribute new and renewal stop loss RFP’s.
•Create new and renewal stop loss proposal documents for client delivery.
•Coordinate stop loss implementation process with teams, TPAs, brokers and stop loss carriers including regular tracking to ensure receipt, accuracy and carrier delivery.
•Review of all documents related to clients’ stop loss coverage including policies and administrative agreements to ensure accuracy and prevent gaps in coverage.
•Ability to manipulate large spreadsheets and SharePoint data site.
•Track program premium and commissions and work with Client Service Team or Broker to help resolve any client deficiencies.
•Meet with Client Service Teams alone or in conjunction with other team members to review monthly a) large claims, b) abnormal utilization results, c) managed care and ongoing case management opportunities.
•Other responsibilities as required
•Bachelor’s Degree in business or related field or equivalent education and experience.
•Three to five years stop loss insurance experience is preferred.
•Firm working knowledge of health plan operations including state and federal compliance requirements.
•Strong attention to detail.
•Excellent computer skills with proficiency in Microsoft Office products.
•Customer service and claims expertise with the ability to develop strong relationships with co-workers, clients and Client Service Teams.
•Proven critical thinking and problem solving skills.
•Current required licenses or ability to immediately obtain.
•Excellent organizational and communication skills.
•Must be available for travel and willing to accept responsibility for client/vendor entertainment.
Lockton Companies, LLC is an equal opportunity employer. As a privately held company, we offer a competitive compensation and benefits package reflecting our commitment to attracting and retaining great individuals. This includes health and dental coverage, which begins on your first day of work, 401(k) with match and immediate vesting, a competitive vacation plan and unrivaled career advancement opportunities.
More than 5,600 professionals at Lockton provide 48,000 clients around the world with risk management, insurance, employee benefits consulting, and retirement services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held, independent insurance broker in the world and 10th largest overall. For seven consecutive years, Business Insurance magazine has recognized Lockton as a " Best Place to Work in Insurance ." To see the latest insights from Lockton’s experts, check Lockton Market Update.
Lockton is known throughout the insurance industry as an entrepreneurial, progressive and successful insurance broker. As a result of continued individual and group accomplishments, Lockton has a record of steady and substantial growth. If you are a committed professional with a passion for delivering unparalleled service, Lockton is interested in hearing from you.
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