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Executive Disability Insurance Jobs in Illinois (NOW HIRING)

Executive Assistant

Rosemont, IL · On-site

$27 - $39.50/hr

... Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan ...

Executive Assistant

Chicago, IL · On-site

$28 - $30/hr

We are looking for an organized and proactive Executive Assistant to support senior leadership ... disability insurance. Hired contract/temporary professionals are also eligible to enroll in our ...

Executive Assistant

Rosemont, IL · On-site

$27 - $39.50/hr

... Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan ...

... Disability Insurance Parental Leave Employee Assistance Program (EAP) Traditional and Roth 401(k) with company match Flexible Spending Account (FSA) Employee Stock Purchase Plan at 5% discount ...

Executive Assistant

Rosemont, IL · On-site

$27 - $39.50/hr

... Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan ...

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Executive Disability Insurance information

What is executive disability insurance?

Executive disability insurance is a specialized type of insurance policy designed to protect the income of high-earning executives if they become unable to work due to illness or injury. These policies typically offer higher benefit limits than standard disability insurance to match the executive’s elevated income level. Employers often provide this coverage as part of an executive benefits package to attract and retain top talent. The policy can provide financial stability by covering a significant portion of lost income, helping executives maintain their lifestyle during a period of disability.

What are the key skills and qualifications needed to thrive as an executive disability insurance specialist?

To thrive as an Executive Disability Insurance Specialist, you need a solid understanding of insurance products, risk assessment, and financial planning, typically supported by relevant licenses such as a Life and Health Insurance license. Familiarity with CRM software, underwriting systems, and industry-specific compliance tools is crucial for managing client accounts and applications efficiently. Exceptional interpersonal skills, attention to detail, and trustworthiness help build strong client relationships and navigate complex policy structures. These combined skills are essential for ensuring tailored coverage solutions that protect high-earning clients and foster long-term business growth.

What are some common challenges faced by professionals in executive disability insurance roles when tailoring policies for high-earning clients?

Professionals in Executive Disability Insurance often encounter challenges such as understanding the unique income structures and benefit needs of executives, which can include bonuses, stock options, and deferred compensation. Customizing policies to adequately replace a significant portion of complex compensation packages requires in-depth client consultations and coordination with legal and financial advisors. Additionally, navigating regulatory requirements and ensuring policy compliance can be intricate due to the high-value nature of these policies. Strong communication and analytical skills are essential to address these challenges and build tailored, comprehensive solutions for each client.

What is the difference between Executive Disability Insurance vs Corporate Disability Insurance?

FeatureExecutive Disability InsuranceCorporate Disability Insurance
Target AudienceHigh-level executives and senior professionalsEmployees across various levels within a corporation
Coverage FocusPersonal income protection for executivesEmployee benefit for general staff
Credentials/CertificationsOften tailored for executives, no specific certifications requiredStandard policies for employees, may require employer approval
Work EnvironmentCorporate offices, executive settingsVaried, including office, retail, or industrial environments

Executive Disability Insurance provides tailored income protection for high-level executives, focusing on their unique financial needs. In contrast, Corporate Disability Insurance is a broader employee benefit that covers staff at all levels. While both protect income in case of disability, Executive Disability Insurance offers more personalized coverage suited for top-tier professionals.

What are the most commonly searched types of Disability Insurance jobs in Illinois?

The most popular types of Disability Insurance jobs in Illinois are:

What cities in Illinois are hiring for Executive Disability Insurance jobs?

Cities in Illinois with the most Executive Disability Insurance job openings:

Business Development Executive

Chicago, IL • On-site

HARRIS & HARRIS LTD
Finance and Insurance • 201 - 500 employees

$100K - $160K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 9 days ago


Job description

 

Harris & Harris has over 50 years of experience in customer care and revenue recovery, specializing in the utilities, government, and healthcare markets. We’re looking for friendly, professional, and motivated Business Development Executive to join our Sales team. If you’re looking for a company that embraces the principles of respect, compassion, and trust, apply today!


Business Development Executive - Healthcare

The Healthcare Business Development Executive will develop new and innovative ideas in the areas of direct marketing and sales to drive company revenue, and obtain new healthcare clients.

Schedule: 8:00am to 5:00pm Monday through Friday are regular business hours.

Location: 100% remote, with periodic travel to our office in Chicago, IL and client sites required (about 10% travel)

Salary: $100,000.00 to $160,000.00 annually, dependent on experience. Sales Commission Plan is also applicable. 

Additional Compensation and Benefits:

At Harris & Harris, we truly care about each employee’s health, wellness, financial stability, and education. We are proud to offer each employee the following benefits:

  • Medical, Dental, and Vision insurances from premium providers
  • 401K with matching
  • Company paid Accident and Disability Insurance, Long Term Disability Insurance, EAP, and Travel Assistance
  • Tuition Reimbursement
  • Paid Time Off, Sick Time, Wellness Days, and Paid Holidays
  • Additional benefits such as identity theft protection, flexible spending accounts, pre-tax commuter benefits, and more.


DAY TO DAY

  • Plan and execute direct marketing and sales activities within approved budgets to meet company objectives
  • Develop new and innovative ideas that will drive company revenue by obtaining new clients in the healthcare space
  • Strategically utilize CRM tools to establish and maintain solid working relationships with newly generated leads that will convert into a profitable clientele list
  • Convert clientele list into profitable contracts by successfully securing new contracts that will increase revenue and ensure company goals
  • Maintain and develop company database with current and prospective government clients
  • Immediately follow-up on sales inquiries via phone, email and in-person visits to maintain a close, positive rapport with current and potential clients
  • Supporting sales leadership on non-territory related assignments