Top Compensation and Benefits Executive jobs in Utah

Top Compensation and Benefits Executive plans and directs compensation and benefits policies, objectives, and initiatives. Engages in high-level strategic planning of compensation and benefits programs designed to attract and retain employees. Being a Top Compensation and Benefits Executive ensures compensation and benefits programs remain within budgetary constraints and align with organizational goals. Monitors trends, provides recommendations, and suggests initiatives. Additionally, Top Compensation and Benefits Executive consults with legal and financial professionals to ensure compliant and financially sound programs. Evaluates vendors, negotiates and completes contracts. Requires a bachelor's degree. Typically reports to top management. The Top Compensation and Benefits Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Compensation and Benefits Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Account Executive, Employee Benefits
  • IMA Financial Group
  • Salt Lake, UT FULL_TIME
  • What You Will Do

    • Interact professionally and timely with clients via email, phone and in-person to maintain regular, professional contact to create and foster relationships with client representatives
    • Responsibility for executing the Taft Hartley & Government division's strategic direction of solutions and tools
    • Lead both long- and short-term strategic consultation and planning efforts for client benefit
    • programs
    • Ensure programs and plan design are in alignment with all applicable regulatory requirements including ability to lead compliance conversations/reviews with client and provide non-legal review of carrier/vendor documents/contracts
    • Utilize intermediate knowledge of actuarial concepts and underwriting practices to analyze claims data and provide applied explanation to the client and internal team, including ability to prepare & deliver renewal presentations if needed
    • Direct the service teams' work assignments related to project management, claims escalation and resolution, and plan analysis/reporting
    • Responsible for ensuring client deliverables meet quality, accuracy and professional standards
    • Develop strong carrier and vendor relationships to support and leads negotiation and advocacy during client coverage placement and renewal process, utilizing department peers and/or leadership as necessary
    • Coordinate with internal subject matter experts and practice leaders to bring current and emerging markets and products and brings solutions to the table that are aligned with clients' stated goals through a commitment to continuous learning
    • Experience leading & participating in new carrier implementations across multiple benefit lines such as medical, Rx, dental, vision, life/disability/leave, etc.
    • Availability to serve as a resource for other agency benefits staff throughout the entire benefits division
    • Strong commitment to participation in department or agency-wide committees and special projects
    • Provide mentorship & guidance to Account Managers & Analysts
    • May coordinate and manage the overall work and projects of assigned associates, providing clear communication of expectations, established timeframes, regular progress updates, and annual performance evaluations
    • Participate in the hiring process for direct reports as well as additional department hires as
    • needed
    • Provide feedback to service team members, and their direct supervisors as needed, in support of on-going professional development goals, ensuring client expectations are met
    • Participate in finalist and/or prospect meetings as determined by National Accounts Director & production staff
    • Support and demonstrate IMA's core values
    • Value and understand the importance of diversity, equity, and inclusion among all IMA associates

    You Should Have

    • Bachelor's Degree or equivalent experience
    • Proven experience as a Lead Consultant, Analyst, Account Manager, or similar role in the employee benefits brokerage industry for 7 years required
    • Previous experience working with clients in the Union/Public Labor sector strongly desired
    • Attain and maintain applicable state Life and Health License in accordance with IMA standards
    • Willing and able to travel required (30-50%)
    • Proficient in using Microsoft Office suite required
    • Strong understanding of compliance and regulatory requirements, such as ERISA, ACA, HIPAA, etc. required
    • In-depth knowledge of employee benefits programs, insurance products, and industry trends
    • Exceptional client service orientation with a focus on building long-term relationships
    • Demonstrate a genuine passion for acquiring new knowledge and skills, staying abreast of industry advancements and best practices
    • Proven ability to set ambitious yet achievable goals, and consistently work towards their attainment
    • Capable of prioritizing tasks effectively and managing multiple client and responsibilities concurrently
    • Able to work collaboratively with colleagues, supervisors, and external partners to set goals, exchange ideas, and drive results
    • Willingness to embrace change, adjust goals as needed, and learn from setbacks to continually improve performance
    • Possess the drive to pursue personal development opportunities independently, while adhering to established timelines and objectives

    Compensation & Benefits

    Being a part of IMA has its benefits. When you become part of the IMA family, you become eligible to take part in our valuable benefits and rewards package designed to benefit you, your family, and your life. Our plans are cost-effective, convenient and provide progressive ways for staying healthy, protecting loved ones, pursuing financial security and living a full and balanced life. This role is eligible for the following:

    Annual Performance Bonus, Stock Purchase, Medical Plans, Prescription Drugs, Dental, Vision, Family Assistance Program, FSA, HSA, Pre-Tax Parking Plan, 401(k), Life/AD&D, Accident, Critical Illness, Hospital Indemnity, Long Term Care, Short-term Disability, Long-term Disability, Business Travel Accident, Identity Theft, Paid Time Off, Flexible Work Options, Paid Holidays, Sabbatical, Gift Matching, Health Club Reimbursement, Personal and Professional Development. In addition to our robust benefits package, the final offer amounts will depend on a variety of factors, including the candidate's geographic location, prior relevant experience, and their knowledge, skills, and abilities.

    Why Join IMA?

    We've built a reputation for putting our associates first

    What if we told you that you could be an integral part of an entrepreneurial, expanding company, develop lasting relationships, earn competitive benefits, plus claim part ownership? It's this unique ownership business model that makes working at IMA so appealing.

    We work in teams. We sell in teams. We win and prosper as a team

    We provide support systems and resources that enable each of our associates to focus on what they do best. And as an independent company based in the Midwest, we're big enough to write business all over the world and small enough to implement your ideas quickly.

    We are recognized nationally as a leader in our industry

    • 2020-2023Business Insurance Magazine Best Places to Work in Insurance
    • 2023 Inc. Magazine's Best Workplaces
    • 2023 Denver Business Journal's Best Places to Work
    • 2022-2023 Connecticut TopWork Places
    • 2021-2023 Inc. 5000's List of Fastest Growing Companies
    • 2019-2022 Civic 50 Colorado Honoree Recognizing 50 Most Community-Minded Companies
    • 2022-2023 Kansas City Business Journal's Best Places to Work
    • 2021-2023 Charlotte Business Journal's Best Places to Work
    • 2021-2023 Los Angeles Business Journal's Best Places to Work
    • 2021-2023 The Salt Lake City Tribune TopWork Places
    • 2021-2022 Puget Sound Business Journal's Washington's Best Workplaces
    • 2021-2022 Wichita Business Journal's Best Places to Work, #1 in extra-largecategory
    • 2021 Dallas Business Journal's Best Places to Work
    • 2021 Alaska Journal of Commerce's Best Workplaces in Alaska

    This Job Description is not a complete statement of all duties and responsibilities comprising this position.

    The IMA Financial Group, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, The IMA Financial Group, Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

     

  • 2 Months Ago

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Supervisory Medical Health Scientist
  • US Office of Workers' Compensation Programs
  • Salt Lake, UT FULL_TIME
  • Duties For the GS-0601-15 Supervisory Medical Health Scientist you will : Apply professional subject matter expertise and judgement in serving as a principal advisor to program management about the ap...
  • Just Posted

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Client Service Representative - Individual Plans
  • Altura Benefits
  • Salt Lake, UT FULL_TIME
  • Individual Plans Specialist We are looking for someone to assist our individual clients and prospects with finding suitable health insurance. A successful candidate will be a team player, manage deadl...
  • 3 Days Ago

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Resource specialist
  • Benefits All In
  • Salt Lake, UT FULL_TIME
  • Position Overview Benefits All In is a healthcare consulting firm that specializes in helping employers build better programs to support the unique insurance needs employees may have. They pride thems...
  • 5 Days Ago

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Education Resource Specialist
  • Benefits All In
  • Salt Lake, UT FULL_TIME
  • Position Overview Benefits All In is a healthcare consulting firm that specializes in helping employers build better programs to support the unique insurance needs employees may have. They pride thems...
  • 1 Day Ago

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Client Manager
  • GBS Benefits
  • Salt Lake, UT FULL_TIME
  • Overview:GBS Benefits, Inc. is the leader in experience, innovation, and services when it comes to customizing the employee benefits offerings for our clients. Located in Salt Lake City, GBS Benefits ...
  • 19 Days Ago

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Executive Compensation Consultant
  • WK Kellogg Co
  • Battle Creek, MI
  • At WK Kellogg Co, we exist to create joy and connection to inspire Gr-r-reat days. We believe that doing good is always ...
  • 6/11/2024 12:00:00 AM

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Senior Consultant - Compensation Consulting
  • DCI Consulting Group
  • Washington, DC
  • Senior Consultant - Compensation Consulting Division: Employment and Litigation Services (ELS) About DCI: DCI Consulting...
  • 6/11/2024 12:00:00 AM

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Compensation Consultant
  • Warner Bros. Discovery
  • Burbank, CA
  • **_Welcome to Warner Bros. Discovery... the stuff dreams are made of._** **Who We Are...** When we say, "the stuff dream...
  • 6/11/2024 12:00:00 AM

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Compensation Consultant
  • Skills Alliance
  • Cambridge, MA
  • Position Description: We are looking for an experienced compensation professional to support the compensation team on Br...
  • 6/10/2024 12:00:00 AM

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Compensation Consultant
  • LaSalle Network
  • Nashville, TN
  • Our client is currently seeking a talented Compensation Consultant to join their team for a project based in Nashville, ...
  • 6/10/2024 12:00:00 AM

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Sales Incentive Compensation Consultant
  • Bayside Solutions
  • Sales Incentive Compensation Consultant W2 Contract Salary Range: $135,200 - $145,600 per year Location: Redwood City, C...
  • 6/8/2024 12:00:00 AM

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Compensation Consultant
  • Core Staffing
  • New York, NY
  • Our client, an asset management firm, is seeking a Compensation Consultant to join their team through February. Responsi...
  • 6/7/2024 12:00:00 AM

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Executive Compensation Consultant
  • Addison Group
  • Chicago, IL
  • Title – Executive Compensation Consultant Hours: 8 - 5 - hybrid Pay: $140,000 Location: Chicago, IL Perks: My client has...
  • 6/7/2024 12:00:00 AM

Utah is known for its natural diversity and is home to features ranging from arid deserts with sand dunes to thriving pine forests in mountain valleys. It is a rugged and geographically diverse state that is at the convergence of three distinct geological regions: the Rocky Mountains, the Great Basin, and the Colorado Plateau. Utah is one of the Four Corners states, and is bordered by Idaho in the north, Wyoming in the north and east; by Colorado in the east; at a single point by New Mexico to the southeast; by Arizona in the south; and by Nevada in the west. It covers an area of 84,899 sq mi ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Top Compensation and Benefits Executive jobs
$235,879 to $338,095