Job Description
ANCILLARY BENEFITS PRACTICE LEADER
The Ancillary Benefits Practice Leader will work with producers and client-service teams to drive voluntary benefits revenue growth and build the Voluntary Benefits practice in the Northeast. This will be accomplished through a strategic approach that allows clients and prospects to improve benefit offerings and solve the benefit challenges faced
RESPONSIBILITIES & DUTIES
- Work with producers and account teams to identify opportunities for ancillary benefits for clients and prospects: Organize training and education and participate in prospect and client meetings
- Work with marketing and communications team to build collateral to support the practice
- Maintain an understanding of the ancillary benefits marketplace, tracking updates in products, pricing, and partnerships with cooperative vendors (e.g. benefit administration systems, enrollment firms)
- Participation in the national voluntary benefits workgroup to take advantage of the perspective of other geographies and efforts put forth by shared services team
- Support implementation and administration of voluntary benefits
- Troubleshoot acute issues, work with our communications team as needed, train and support account team and develop ancillary benefits specific administrative support
- Build and manage a voluntary benefits team over time
- Track and monitor practice growth and profitability
Requirements and Qualifications:
- College degree required; MBA (or similar degree) desired.
- Professional qualifications/insurance licenses as required by the Company or ability to secure within a reasonable timeframe.
- Minimum of 10 years of experience in insurance brokerage or similar background, with a minimum of 3 years in a sales leadership capacity with direct P&L responsibility.
- Position requires a high degree of financial acumen with an understanding of the insurance brokerage industry, people development and management, change management, and business strategy.
- Excellent leadership skills with a proven ability to lead leaders and implement a corporate strategy on a broad basis.
- Ability to manage and motivate teams to deliver financial and business results and effectively manage through significant change.
- Proven track record of new business development and existing business retention.
- Ability to set sales goals for production talent and coach to achievement.
- Proven success working in a matrixed environment.
- Strong interpersonal skills, to include collaboration, influencing and negotiation skills.
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