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Stop Loss Account Executive

Employer
Lockton Companies
Location
Hamel
Salary
Competitive

View more

Lockton is a global professional services firm with 7,500 Associates who advise clients on protecting their people, property and reputations. Lockton has grown to become the world's largest privately held, independent insurance broker by helping clients achieve their business objectives. Check out the latest insights from Lockton's experts.

A Few 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.
  • Frequent athletic and wellness events.
  • Incredibly generous rewards; US Associates receive a Rolex for their 10-year anniversary!
Description
  • 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
Qualifications
  • Bachelor's Degree in business or related field or equivalent education and experience.
  • Three or more years of 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.
  • Legal right to work in the United States.
Additional Information

Lockton Companies LLC is proud to provide everyone an equal opportunity to grow and advance. We strive to cultivate an environment that learns from, celebrates, and thrives because of our breadth of differences. We are committed to fostering a culture where every member of the Lockton family feels valued and accepted as they are and safe to bring their authentic selves to work every single day. At the end of the day, our mission is to ensure that our family can be anyone's family.

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