Assistant Vice President, Health & Welfare

Your Responsibilities

Lockton Dunning Benefits is currently seeking an Assistant Vice President, who will act as a subject matter expert (SME)

and play a critical role consulting with Lockton clients under the general guidance of the Team Lead. This position will

proactively drive discussions around plan performance and design, mentor and train others and deliver the highest level

of support by meeting or exceeding industry standards. The ideal candidate will demonstrate a high level of financial

acumen; possess the ability to work well in a fast-paced environment and the flexibility to easily adapt to changing

priorities

Responsibilities

• Proactively consult on large, complex clients including health and welfare plan design, pricing, benchmarking studies
  
  

and negotiations, plan renewals and vendor analysis and management

• Manage a portion of complex book of business with local and national clients that are comprised of various funding
  
  

methods

• Act as an expert within the H&W practice and consult with other internal SME’s on complex strategies to optimize
  
  

client satisfaction & retention

• Support the generation of new business by collaborating with Producers in prospect meetings, acting as the
  
  

technical SME and leading the RFP process

• Act as a trusted business advisor by developing relationships with client’s contacts through effective communication
  
  

and quality execution of plan designs/projects

• Primary contact with vendor partners and negotiates plans terms/changes to overall plan design
• Identify and address client service issues; develop and implement processes and policies to improve overall client
  
  

service

• Develop and lead processes including communications strategy, collateral materials, vendor implementation, and
  
  

conducting open enrollment meetings

• Draft and deliver client presentations and communications specific to each clients’ benefit plans
• Develop and deliver monthly, quarterly and annual reporting to clients regarding trends, financial performance and
  
  

plan changes

• Collaborate with team lead to develop project plans, select teams for delivery on client projects, and ensure project
  
  

goals are met

• Work with team lead in ensuring completion of reports and administrative actions for clients such as Form 5500
  
  

filings, policy checking and delivery, SPDs, etc.

• Ability to lead client meetings and provide “on the spot” strategic guidance and financial performance information
  
  

in conjunction with or independently from the team lead

Lockton Dunning Benefits

• Maintain an awareness of all large and potentially complicated claim related matters, assist with negotiations and
  
  

resolution of claim settlement on behalf of clients

• Develop and produce Request for Proposal (RFP) by coordinating vendor replies, developing an analysis from RFP
  
  

responses and preparing client report with recommendations

• Execute client renewals by building relationships with key client stakeholders and asking effective probing questions
  
  

that lead to innovative benefit plan designs

• Meet with clients in conjunction with team lead to review action items and communicate problems and/or vendor
  
  

issues

• Partners with internal legal counsel to educate and advise clients on all compliance topics including, but not limited
  
  

to, ERISA, COBRA, FMLA,5500s, and Health Care Reform

• Maintain ongoing client relationships by attending on-site client meetings and/or lunch and evening events
• Mentor and train team members with the end goal of providing the highest level of support by meeting or
  
  

exceeding industry standards

Qualifications

Qualifications:

• Bachelor’s Degree in Business related field and/or equivalent years of experience
• Minimum 7 years of experience in the insurance industry, specifically in employee welfare benefits
• Required insurance license or able to become licensed
• Ability to manipulate large spreadsheets, census data, disruption, geo access, benchmarking data, etc.
• Spearhead client relationships by delivering excellent customer service skills
• A strong working knowledge of welfare benefits in multiple product lines (i.e. medical, dental, life, AD&D, disability)
  
  

and a strong understanding of risk and insurance

• Ability to drive differing financial arrangements and products available to clients (i.e. fully insured, self-funded,
  
  

minimum premium, ASO)

• Strong understanding of funding options and medical underwriting calculations
• Experience with Ancillary products
• Excellent Microsoft suite skills (Excel, PowerPoint, Outlook)
• Excellent organizational and communication skills
• Proven critical thinking and problem-solving skills