Insurance Account Executive

Company: Simmons Bank
Location: Little Rock
Posted on: May 25, 2023

Job Description:

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

The Insurance Account Executive prospects for and secures new group benefit clients. Also, provides daily customer service and an annual market analysis at each product renewal date.

Essential Duties and Responsibilities

• Works within the Simmons Referral Network and beyond to secure new leads for business.
• Prospects for and secures new business in an effective, consistent manner via referrals, direct mail, cold calls, and centers of influence.
• Obtains AOR (Agent of Record) letters for all takeover business and/or enrolls/maintains all new/ startup businesses.
• Provides daily, weekly, monthly service to each group account and to their individual members.
• Builds and maintains any/all technology platforms needed to service accounts.
• Secures and presents annual renewals, along with competitive market analysis, on all lines of coverage.
• Provides timely reports of cost, claims utilization, Rx spending, etc. to help groups or accounts identify areas of focus and improvement.
• Provides monthly reports to management of all prospecting, new business and renewal activity.
• Provides financial reports that outline revenue and expense controls.
• Manages and controls expenses, within the budget agreed upon, annually with management.
• Ensures that all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
• Performs other duties and responsibilities as assigned.
  
  Qualifications
  
  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
  
  Skills
  
  • Ability to read and comprehend simple instructions, short correspondence, and memos.
  • Ability to read and interpret documents such as procedure manuals, general business correspondence, and/or journals or government regulations.
  • Ability to read, analyze and interpret financial reports and/or legal documents.
  • Ability to write simple-to-business correspondence, routine reports, and procedures.
  • Ability to respond in writing to customer complaints, regulatory agencies, or members of the business community.
  • Ability to speak Spanish preferred, but not required.
    
    Education and/or Experience
    
    • HS Diploma/GED
      
      Computer Skills
      
      • MS Office programs
        
        Certificates, Licenses, Registrations
        
        • Life and health insurance licenses required
          
          Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications. Simmons First National Corporation and its subsidiaries are committed to Affirmative Action Programs consisting of results-oriented procedures to ensure equal employment opportunities. These programs require positive action in lieu of neutral non-discrimination and merit hiring/performance policies.

Keywords: Simmons Bank, Little Rock , Insurance Account Executive, Other , Little Rock, Arkansas