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Title

ABS Marketing Specialist 

Description

Role Accountability

At Allegacy, there’s a common thread that runs through all of us. It’s our commitment to doing right and our promise to members to always do the right thing for their wellbeing. Every employee in our organization is accountable to living out our brand in meaningful ways as our promise motivates our beliefs, our behaviors, and the benefits we share together. In order to achieve this state of success, this position will provide benefits marketing support and analysis for existing & prospective ABS clients as it relates to ABS services and products to include, but not limited to, evaluating products and programs, analyzing benefit design and structure, negotiating product pricing and terms, and full implementation of selected products/programs with carrier & vendor partners. This position will primarily work on employer group accounts with 50+ employee lives, but may be asked to assist with a smaller market segment as the need arises throughout the year.

 

Nature & Scope:

Benefits Marketing Specialists function as research analysts and have their finger on the pulse of what sells around the region in which the firm operates, analyzing demographic data, buying and shopping habits, product design & performance, looking at a competitors and their pricing, creating and administering surveys, questionnaires and other information gathering devices, and measuring current strategies all in an effort to help expertly understand the best way to market products to prospective and current clients & assist in generating revenue. This individual needs a strong base of employee benefit marketing skills, industry knowledge and carrier relationships. Applicants must be efficient, able to prioritize, honest, ethical, have the ability to work independently and be a quick learner.

Specific Accountabilities:

  • Prepare Request for Proposals (RFP) for market evaluation.
  • Work with various insurance carriers & vendor partners to identify most competitive benefit plan options.
  • Analyze market results and prepare proposals for agent presentation.
  • Prepare sold products for submission/implementation.
  • Develop and maintain working relationship with the various insurance company sales/renewal representatives and underwriters.
  • Maintain up-to-date knowledge of the various carriers’ plans and programs.
  • Develop and maintain strong technical knowledge of employee benefit lines of coverage and ratings.
  • Consistently perform clerical functions including, but not limited to scanning & electronically filing documents, proofreading and photocopying documents.

Knowledge, Skills and Abilities:

  • Knowledge of the benefits market, including new and renewal business, rate and quote employee benefit lines.
  • Analytical Skills: Benefits Marketing specialists look at many streams of data to determine the demographics and buying trends of current and potential customers. Understanding this data will be critical to the job.
  • Communication: Educating our clients and prospects regarding product advantages/disadvantages so that clients/prospects make sound choices requires a strong ability to speak and listen well.
  • Critical-Thinking: Being able to process the data so that ABS creates and communicates an effective strategy for a client or prospect.
  • Attention to Detail: Analyzing data, preparing product & pricing comparisons, cost modeling for employers and employees. Heavy focus on mathematics and calculations; accuracy & attention to detail are imperative.
  • Knowledgeable in Health & Life insurance coverages, insurance agency management systems, & other software used.
  • Working knowledge/understanding of employee benefits, health plan implementation, benefits administration, and practical experience in regulatory issues (ERISA, COBRA, HIPAA, both state & federal regulations specific to health insurance nationwide).
  • Ability to communicate effectively and professionally, both written and oral.
  • Proficient in web-based technology, including Excel, PowerPoint and Word.
  • Must be willing to obtain insurance licenses; already possessing a Life/Health & Accident license is preferred.

Education and Experience:

  • High School Diploma
  • Experience in Employee Benefits agency or insurance carrier
  • 2 years working in a similar position within an employee benefits insurance agency, insurance carrier or a Human Resources department preferred
  • Life/Health & Accident License preferred
  • Medicare & Long Term Care License preferred
 
Position Requirements  
Full-Time/Part-Time Full-Time  
Close Date  
Exempt/Non-Exempt Exempt  
Location 044 - Winston Salem Area  
About the Organization Do you get a thrill out of helping people realize their dreams? Do you believe that strong, personal relationships are critical to financial success? Do you want to work for an organization that has its community's best interests at heart? We do, too. That's why we work for Allegacy. Here, you'll find a challenging, rewarding career in one of the most unique entities of the financial industry. Allegacy Federal Credit Union is a place where inclusion and camaraderie thrive, and where everyone is united in their commitment to serving our members.

 
EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.  
Pay Grade


This position is currently not accepting applications.

To search for an open position, please go to http://AllegacyFederalCreditUnion.appone.com



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