Full-Time

Employee Benefits Financial Consultant

Posted on 10/25/2024

HUB

HUB

5,001-10,000 employees

Data & Analytics
Consulting
Consumer Software

Compensation Overview

$100k - $120kAnnually

Senior

Denver, CO, USA

Ability to travel to all Colorado office locations and some client sites as needed.

Category
Financial Consulting
Consulting
Required Skills
Sales
Marketing
Requirements
  • Bachelor’s degree required
  • Valid Life/Health Insurance Producer License required
  • 5 + years of experience in employee benefits consulting preferred, ideally with in-depth knowledge of various funding types, underwriting, pharmacy and stop loss contracts, as well as cost management solutions like direct primary care, value based payments, onsite/near site clinics, and captives
  • Extensive knowledge of employee benefits, alternative risk management techniques, and the local market
  • Excellent written and verbal communication skills
  • Ability to travel to all Colorado office locations and some client sites as needed
Responsibilities
  • Directly assist Producers/Account Executives in selling to new accounts by demonstrating HUB analytics, alternative risk, and cost management expertise
  • Advise Sales Executives and Account Management team as necessary in applying a basic understanding of our capabilities
  • Train and mentor members of the Financial Consulting team
  • Execute marketing efforts focused on sales/retention initiatives – where financial consulting is a key consideration
  • Anticipate and adapt to changing business demands – especially in-tune with the evolving changes in various client cost management techniques along with self-funding and other associated programs
  • Help manage a book of business (> 100 ee's or complex accounts) in tandem with Producers and the Account Executives
  • Support new and existing business by matching client need, cost management solutions, and HUB’s unique strategic sales/technology approach
  • Manage carrier/vendor relationships for cost management programs
  • Understand the financial impact of his/her actions on HUB profitability and act accordingly; and apply the same standards in working with clients
  • Recommend/implement processes that increase efficiencies and/or reduce cost
  • Demonstrate in-depth understanding of revenue/expense and cash flow management

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • Embedded insurance solutions create new partnership opportunities with financial institutions.
  • Digital transformation drives growth and efficiency in Hub's operations.
  • Data analytics and AI improve underwriting and claims processing efficiency.

What critics are saying

  • Rapid acquisitions may lead to integration challenges and cultural clashes.
  • Rising premiums may push affluent clients to alternative insurance solutions.
  • Increased competition could lead to market saturation and reduced profitability.

What makes HUB unique

  • Hub's acquisition strategy strengthens its market position in diverse regions.
  • VIU by HUB enhances digital insurance offerings for financial institutions.
  • Hub's focus on personalized insurance products meets evolving customer needs.

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