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Benefits Account Manager (Insurance Brokerage)

Atlantic Group
Boston, MA Full Time
POSTED ON 1/19/2025
AVAILABLE BEFORE 4/18/2025

Job Overview – Benefits Account Manager (Insurance Brokerage) : Join our client in the Greater Boston area as a Benefits Account Manager (Insurance Brokerage), where you’ll focus on managing prospect marketing and client accounts within an insurance agency or brokerage. This full-time role includes leading coverage negotiations, proactively engaging with clients, and collaborating with carriers to craft and deliver competitive benefits programs.

For a complete understanding of this opportunity, and what will be required to be a successful applicant, read on.

Compensation : $70,000 - $90,000 / year bonus

Location : Greater Boston Area

Schedule : Monday to Friday, 8 : 00 AM to 4 : 30 PM

Responsibilities as the Benefits Account Manager (Insurance Brokerage) :

  • Client Acquisition : Develop and maintain a pipeline of prospective clients, conducting outreach through email, calls, and LinkedIn while tracking renewal dates and opportunities.
  • Account Management : Oversee new business acquisition and renewals, manage carrier communications, process BOR letters, and collaborate with Client Service Administrators to ensure timely and accurate follow-through.
  • Coverage Analysis : Assess client coverage needs and negotiate with carriers to secure the best benefits packages and renewal terms, leveraging industry expertise and relationships.
  • Client Development : Cultivate and sustain strong relationships with clients, carriers, and vendors, serving as a trusted resource on benefits technology, HR solutions, and compliance requirements.
  • Team Collaboration : Provide technical guidance and leadership within the Employee Benefits and Property & Casualty teams, fostering a cohesive and high-quality client service experience.

Qualifications for the Benefits Account Manager (Insurance Brokerage) :

  • Education : Bachelor’s degree in Business, Finance, or a related field preferred.
  • Experience : 3 years of Account Management experience specifically within an insurance agency or brokerage, focused on employee benefits.
  • Licensure : Active Life & Health (L&H) license required.
  • Skills : Strong interpersonal and communication skills with a strategic mindset for client prospecting and negotiation.
  • Technical Proficiency : Proficient in Microsoft Office and CRM tools (experience with benefits administration systems is a plus).
  • Knowledge : Comprehensive understanding of employee benefits, insurance policy provisions, and applicable compliance laws.
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    Salary : $70,000 - $90,000

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