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Employee Benefits Account Specialist (Bilingual Korean)

Foundation Risk Partners
Full-time
On-site
New York, United States
🌐 Digital Marketing

πŸ“Œ Core Information

πŸ”Ή Job Title: Employee Benefits Account Specialist (Bilingual Korean)

πŸ”Ή Company: Foundation Risk Partners

πŸ”Ή Location: New York, United States

πŸ”Ή Job Type: On-site

πŸ”Ή Category: Insurance

πŸ”Ή Date Posted: May 27, 2025

πŸ”Ή Experience Level: Entry-level (0-2 years)

πŸ”Ή Remote Status: On-site

πŸš€ Job Overview

Key aspects of this role include:

  • Supporting sales, account management, and underwriting teams
  • Managing client files and internal systems
  • Coordinating data gathering and reporting efforts
  • Assisting in client meetings and Open Enrollment activities
  • Resolving client service issues and claim inquiries

ASSUMPTION: This role is an entry-level position designed to provide a strong foundation in employee benefits brokerage and consulting. It requires a strong attention to detail, excellent organizational skills, and a willingness to learn.

πŸ“‹ Key Responsibilities

βœ… Maintain up-to-date client files and internal systems

βœ… Support pre-renewal, renewal, and post-renewal activities

βœ… Coordinate data gathering for reporting efforts

βœ… Complete training and professional development

βœ… Assist in onboarding, ongoing support, and renewal of client accounts

βœ… Prepare and review employee education and communication materials

βœ… Maintain internal systems and client files

βœ… Resolve client service or claim issues and administrative concerns

βœ… Interact with carriers and vendors on behalf of the client and the team

ASSUMPION: These responsibilities are essential for developing a strong foundation in employee benefits brokerage and consulting. They require a high level of organization, attention to detail, and the ability to multitask.

🎯 Required Qualifications

Education: High School Diploma required; Bachelor’s degree preferred

Experience: None specified (entry-level position)

Required Skills:

  • Fluent in speaking, reading, and writing Korean
  • Strong attention to detail
  • Well organized
  • Responsive
  • Proficient in Microsoft Excel, PowerPoint, Word, and Publisher
  • Ability to quickly learn new skills
  • Comfortable working independently and in a team environment
  • Ability to establish relationships
  • Ability to multi-task and demonstrate composure under pressure
  • Basic understanding of insurance and healthcare

Preferred Skills:

  • Basic understanding of insurance and healthcare

ASSUMPTION: These qualifications are essential for an entry-level position in employee benefits brokerage and consulting. They require a strong attention to detail, excellent organizational skills, and a willingness to learn.

πŸ’° Compensation & Benefits

Salary Range: $60,000 - $70,000 USD per year

Benefits:

  • Medical, vision, and dental coverage
  • 401(k) with company match
  • Company-paid life insurance, STD, and LTD
  • Generous PTO policy (starting at 18 days per year)
  • 10 paid holidays and 2 floating holidays

Working Hours: Full-time (40 hours per week)

ASSUMPTION: The salary range and benefits package are competitive for an entry-level position in the insurance industry. They reflect the company's commitment to investing in its employees' professional development and well-being.

πŸ“Œ Applicant Insights

πŸ” Company Context

Industry: Insurance

Company Size: 1,001-5,000 employees

Founded: 2017

Company Description:

  • Foundation Risk Partners is one of the fastest growing insurance brokerage and consulting firms in the United States
  • Expanding through acquisition and organic growth
  • Driven to seek new levels of success for partners and provide superior results for clients

Company Specialties:

  • Insurance brokerage
  • Mergers and acquisitions
  • Middle markets
  • Perpetuation planning
  • Property and casualty insurance
  • Employee benefits
  • Organic growth
  • Transparent integration
  • Leadership

Company Website: FoundationRP.com

ASSUMPTION: Foundation Risk Partners is a rapidly growing insurance brokerage and consulting firm that offers a dynamic and challenging work environment. Its focus on expansion and growth provides ample opportunities for career advancement.

πŸ“Š Role Analysis

Career Level: Entry-level (0-2 years of experience)

Reporting Structure: Reports directly to the Account Management and Underwriting Team

Work Arrangement: On-site (New York, United States)

Growth Opportunities:

  • Developing a strong foundation in employee benefits brokerage and consulting
  • Gaining industry knowledge and skills
  • Potential advancement to Account Manager or other leadership roles

ASSUMPTION: This role offers significant growth opportunities for individuals looking to establish a career in employee benefits brokerage and consulting. It provides a strong foundation in the industry and the chance to advance to more senior roles over time.

🌍 Location & Work Environment

Office Type: On-site (New York, United States)

Office Location(s): 780 W Granada Blvd, Ormond Beach, Florida 32174, US

Geographic Context:

  • New York, United States
  • Highly populated urban area
  • Diverse cultural and professional environment

Work Schedule: Full-time (40 hours per week)

ASSUMPTION: The on-site work environment in New York offers a dynamic and fast-paced work environment. It provides ample opportunities for networking and professional development.

πŸ’Ό Interview & Application Insights

Typical Process:

  • Online application submission
  • Phone or video screening
  • In-person or virtual interview with the hiring manager
  • Final round interview with the team
  • Background check and offer

Key Assessment Areas:

  • Language proficiency in Korean
  • Attention to detail and organizational skills
  • Problem-solving abilities
  • Communication and interpersonal skills
  • Cultural fit with the company

Application Tips:

  • Highlight language proficiency in Korean
  • Demonstrate strong attention to detail and organizational skills
  • Showcase problem-solving abilities through examples
  • Tailor your resume and cover letter to the specific role and company
  • Prepare for behavioral and situational interview questions

ATS Keywords: Bilingual Korean, attention to detail, organizational skills, data gathering, client management, employee benefits, insurance, healthcare

ASSUMPTION: The interview process for this role will focus on assessing language proficiency, attention to detail, and cultural fit. Applicants should be prepared to demonstrate these skills through examples and problem-solving scenarios.

πŸ› οΈ Tools & Technologies

  • Microsoft Office Suite (Excel, PowerPoint, Word, Publisher)
  • Internal systems (BenefitPoint and Oracle)
  • Carrier and vendor platforms

ASSUMPTION: These tools are essential for performing the job's core responsibilities. Proficiency in Microsoft Office Suite is required, while familiarity with internal systems and carrier platforms is preferred.

πŸ‘” Cultural Fit Considerations

Company Values:

  • Integrity
  • Expertise
  • Service
  • Innovation
  • Collaboration

Work Style:

  • Dynamic and fast-paced
  • Team-oriented
  • Results-driven
  • Adaptable to change
  • Focused on continuous improvement

Self-Assessment Questions:

  • How do your language skills in Korean align with the requirements of this role?
  • Can you provide an example of a time when you demonstrated strong attention to detail and organizational skills?
  • How do you handle working in a fast-paced, dynamic environment?

ASSUMPTION: Applicants should assess their cultural fit with the company by considering their language skills, attention to detail, and ability to thrive in a fast-paced, team-oriented environment.

⚠️ Potential Challenges

  • High workload and tight deadlines
  • Fast-paced work environment
  • Requirements for bilingual language proficiency
  • Need for strong attention to detail and organizational skills

ASSUMPTION: These challenges require a strong attention to detail, excellent organizational skills, and the ability to multitask and work well under pressure.

πŸ“ˆ Similar Roles Comparison

  • Employee Benefits Account Specialist vs. Employee Benefits Account Manager
    • Account Specialist: Entry-level role focused on developing industry knowledge and skills
    • Account Manager: More senior role responsible for managing client relationships and leading teams
  • Employee Benefits vs. Property and Casualty Insurance
    • Employee Benefits: Focuses on group health insurance, retirement plans, and other employee-related benefits
    • Property and Casualty Insurance: Covers physical assets and liability risks
  • Insurance Brokerage vs. Insurance Underwriting
    • Insurance Brokerage: Acts as an intermediary between insurance companies and clients
    • Insurance Underwriting: Assesses risks and determines insurance coverage

ASSUMPTION: These comparisons highlight the unique aspects of this role and its relationship to other positions in the insurance industry.

πŸ“ Sample Projects

  • Onboarding a new client and managing their account throughout the year
  • Coordinating Open Enrollment activities, including employee education and communication materials
  • Resolving client service or claim issues and administrative concerns

ASSUMPTION: These projects demonstrate the core responsibilities of the Employee Benefits Account Specialist role and the skills required to perform them.

❓ Key Questions to Ask During Interview

  • What are the most challenging aspects of this role?
  • How does the team support each other in managing workload and tight deadlines?
  • What opportunities are there for professional development and growth within the company?
  • How does the company support work-life balance for its employees?
  • What are the company's plans for expansion and growth in the coming years?

ASSUMPTION: These questions will help applicants better understand the role's demands, the company culture, and potential career growth opportunities.

πŸ“Œ Next Steps for Applicants

To apply for this position:

  • Submit your application through this link
  • Tailor your resume and cover letter to highlight your language proficiency in Korean, attention to detail, and organizational skills
  • Prepare for behavioral and situational interview questions that assess your problem-solving abilities and cultural fit
  • Follow up with the hiring manager one week after submitting your application
  • If selected for an interview, research the company and role to demonstrate your interest and preparation

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.