Account Executive

Lockton Inc
  • Minneapolis, MN
    20 days ago

    Job Description

    Lockton is seeking an experienced, dynamic client services professional in the Employee Benefits space, who will bring a fierce commitment to building relationships, exceeding client expectations, and pushing our Employee Benefits Practice to new heights in the marketplace. As an Account Executive, you will lead marketing, servicing, and strategic consulting efforts with prospective and current clients. The Account Executive is accountable for developing and delivering strategic benefit solutions that meet the needs of Lockton clients. Collaboration and a willingness to support your colleagues is imperative, as is a true love for building and nurturing internal and external relationships.

    Responsibilities:

    • Provide strategic planning and consulting advice to clients including the production of Requests for Proposal, coordination of vendor responses, analysis and comparison of RFP responses, and preparation of a client report with recommendations.
    • Maintains and enhances Lockton's relationships with existing Clients by executing proactive, creative, and on-going contact initiatives.
    • Proactively understands the requirements and needs of a client account.
    • Consults with Clients to review investment options, bender services, fees, strategies and goals.
    • Consults regularly with Clients to review large claims, abnormal utilization results, and monthly claims experience.
    • Reviews and issues profitability assists on all "fee-at-risk" proposals.
    • Develops and maintains dependable working relationships with carriers, broker servicing networks, and other providers.
    • Oversees issue-resolution between Client and the Vendor
    • Coordinates market selection for new and renewal business on designated accounts
    • Initiates and duplicates new business report activities.
    • Generates new business opportunities through cross-selling.
    • Negotiates program terms and costs.
    • Mentors and trains junior-level staff

    Compensation and Benefits

    Lockton Companies LLC is committed to offering competitive pay and benefits and complies with all relevant state/local pay transparency laws. The entry base salary offered for this opportunity may vary, and is contingent upon candidate education, skills, abilities, essential competencies, experience, professional designations, unique qualifications, and geographic location.

    Performance Bonus: This role may be eligible for an annual performance bonus, based upon the financial performance of the organization and the individual contributions of the Associate.

    Numbers & Facts

    LocationMinneapolis, MN

    Skills

    • Bid Analysisunmatched
    • Brokerageunmatched
    • Consultingunmatched
    • Cross-Sellingunmatched
    • Customer Relationsunmatched
    • Customer Support/Serviceunmatched
    • Employee Benefitsunmatched
    • Marketingunmatched
    • Mentoringunmatched
    • Needs Assessmentunmatched
    • Negotiation Skillsunmatched
    • Problem Solving Skillsunmatched
    • Profit & Lossunmatched
    • Proposal Writingunmatched
    • Public/Media/Press/Analyst Relationsunmatched
    • Request for Proposals (RFP)unmatched
    • Riskunmatched
    • Sales Managementunmatched
    • Sales Prospectingunmatched
    • Strategic Planningunmatched

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