Humana

Group Retention Executive

Atlanta, Georgia, United States

$60,000 – $80,000Compensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare Insurance, Insurance, Employee BenefitsIndustries

Requirements

Candidates should possess at least 2+ years of experience selling or retaining within the employer group insurance environment, along with an active life and health license, and demonstrate strong client management and business acumen. They should also have an understanding of employer procurement processes and be able to develop positive, collaborative client relationships.

Responsibilities

The Group Retention Executive will oversee customer account management for existing 2 – 99 ancillary accounts, including negotiating contracts and agreements, building relationships with brokers and agents, achieving retention sales goals and add on sales goals for defined book of business, and developing and overseeing customer retention campaigns. Additionally, they will serve as a liaison between assigned clients and Humana internal areas for escalated issues, represent Humana at community events, associations, and industry organizations, and understand department, segment, and organizational strategy. They will also make decisions regarding their own work methods and follow established guidelines and procedures.

Skills

Contract Negotiation
Client Relationship Management
Sales
Retention Sales
Broker Management
Account Management
Business Acumen
Communication
Strategic Thinking

Humana

Health insurance provider for seniors and military

About Humana

Humana provides health and well-being services, focusing on Medicare Advantage plans for seniors, military personnel, and communities. Their plans include HMO, PPO, and PFFS options, designed to improve health outcomes through comprehensive and flexible coverage. Humana's revenue comes from government contracts and member premiums, and they aim to maintain high renewal rates by offering quality service and competitive benefits. The company stands out by fostering a culture of inclusivity and belonging among its employees, while also ensuring accessibility for all members, including offering free language interpreter services. Humana's goal is to deliver value to its members through an extensive provider network and innovative health solutions.

Key Metrics

Louisville, KentuckyHeadquarters
1961Year Founded
IPOCompany Stage
Social Impact, HealthcareIndustries
10,001+Employees

Risks

Potential over-reliance on AI could disrupt operations if systems fail or are compromised.
Rising medical costs and tightening Medicare reimbursements may strain financial performance.
Leadership change with new CEO Jim Rechtin could lead to strategic disruptions.

Differentiation

Humana is a leader in Medicare Advantage plans, focusing on seniors and military personnel.
The company emphasizes inclusivity, offering free language interpreter services for accessibility.
Humana leverages AI and cloud technologies through a partnership with Google Cloud.

Upsides

Humana's investment in Healthpilot enhances digital enrollment for Medicare options.
The company is the first insurer to cover TMS therapy for adolescent depression.
Humana's focus on value-based care aims to improve outcomes for kidney disease patients.

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