Employee Benefits Producer
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
17-03-2025
Job Description
Job Description
Employee Benefits Producer
- Build and nurture relationships with existing and potential clients in the employee benefits sector.
- Conduct thorough assessments of clients insurance needs and provide expert guidance on suitable employee benefits insurance plans.
- Prepare and present comprehensive insurance proposals to clients outlining coverage options costs and benefits.
- Stay updated on industry trends insurance products and competitors to offer informed recommendations.
- Skillfully negotiate terms and premiums with insurance carriers to secure the best deals for clients.
- Oversee the administration of insurance policies ensuring accurate documentation and compliance.
- Educate clients on their insurance coverage making them aware of policy details benefits and any changes.
- Meet or exceed sales targets and revenue goals set by the company.
- Adhere to industry regulations and ethical standards in insurance sales and practices.
- Collaborate with colleagues and support staff to provide excellent customer service and streamline operations.
- Ensure policy accuracy and perform rating calculations.
- Handle endorsements placement requests and invoicing efficiently.
- Prepare certificates proposals policy summaries and reviews.
- Develop and maintain strong partnerships with carriers vendors and industry associates.
- Responsible for the marketing process and quoting new and renewal business.
- Excellent presentation verbal and written communication skills.
- Solid knowledge of group health and welfare benefit plan coverage.
- Understanding of current legislation rules laws and regulations related to insurance and benefits.
- Thorough knowledge of insurance products and coverage as well as health and ancillary products.
- Solid knowledge of insurance plans underwriting principles selection pricing rating and premium calculation.
- Knowledge of rating procedures coverage and industry operations to manage and maintain accounts.
- Ability to work with clients at a strategic level.
- Strong organizational skills and attention to detail.
- Holds an active Life and Health (L&H) Insurance License.
- Preferred Agency Management System Experience: EPIC
- Previous experience as an Insurance Producer is required.
- Knowledge of insurance agency operations as they pertain to sales.
- Proficiency in sales with a track record demonstrating ability to sell.
Employment Type
Full-Time
Key Skills
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