Strategic Accounts Executive
Garner HealthSalary not specified
Full Time
Junior (1 to 2 years)
Associate Client Executive, Employee Benefits - Insurance Advisory Solutions Mid-Atlantic at Foundation Risk Partners
Leesburg, Virginia, United States
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries
Requirements
- Strong organizational skills
- Attention to detail
- Knowledge of government regulations (ACA, ERISA, FMLA, COBRA)
- Risk management consulting or risk transfer solutions (as required by state)
- Obtain and maintain state insurance license(s) as required by the State Department of Insurance
Responsibilities
- Manages all policy activity and stewardship aspects in assigned book of business
- Analyzes and reports on relevant claims data for larger accounts, identifying trends and comparing client data to industry benchmarks
- Ensures client compliance with respect to benefits and serves as an informed resource to clients on the impact of the ACA and future government changes
- Maintains current knowledge of government regulations (FMLA, COBRA, ACA, ERISA, etc.) and ensures legal compliance
- Fulfills reporting and compliance requirements
- Promotes a culture of vigilance, accountability, collaboration, and client satisfaction
- Maintains accuracy, timeliness, and attention to detail when interacting with clients, the firm, and insurance partners
- Manages large accounts independently
- Reviews existing accounts to identify opportunities for additional insurance lines or changes
- Cultivates strong relationships with insurance company partners
- Manages various priorities and adapts to changing job responsibilities
- Identifies opportunities to improve firm processes and brings issues to leadership
- Completes special projects as assigned
Skills
Employee Benefits
Insurance Policies
Claims Data Analysis
ACA Compliance
FMLA
COBRA
ERISA
Regulatory Compliance
Client Relationship Management
State Insurance License
Foundation Risk Partners
Insurance brokerage and consulting services
About Foundation Risk Partners
Foundation Risk Partners operates as an insurance brokerage and consulting firm, focusing on providing tailored insurance solutions and expert advice to clients across the United States. The company grows by acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized services. Their approach combines expertise in various sectors with a commitment to cultural alignment and shared values. Unlike many competitors, Foundation Risk Partners emphasizes a collaborative relationship with clients, aiming to achieve exceptional outcomes and drive success for their partners.
Daytona Beach, FloridaHeadquarters
2017Year Founded
$2MTotal Funding
DEBTCompany Stage
Consulting, Financial ServicesIndustries
201-500Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Paid Vacation
Risks
Over-reliance on AI could cause disruptions if technical issues arise.
Expansion into new regions may pose compliance and operational challenges.
Leadership changes might lead to strategic shifts affecting company stability.
Differentiation
Foundation Risk Partners leverages AI to enhance risk analysis accuracy and speed.
The company focuses on a strategic mix of industry expertise and cultural fit.
Foundation Risk Partners is rapidly expanding through acquisitions and organic growth.
Upsides
AI solutions have decreased cycle times by up to 90% for certain activities.
Prospect conversion rates have increased by up to 50% due to AI adoption.
Expansion into Baldwin, New York, offers new market opportunities.
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