Associate Consultant, Employee Benefits, Private Equity Practice

Marsh McLennanBoston, MA
2d$64,700 - $120,400

About The Position

Associate Consultant, Employee Benefits, Private Equity Practice Our not-so-secret sauce. Award-winning, inclusive, Top Workplace culture doesn't happen overnight. It's a result of hard work by extraordinary people. More than 15,000 of the industry's brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can thrive as an Associate Consultant at MMA. Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With over 300 offices across North America, we combine the personalized service model of a local consultant with the global resources of the world's leading professional services firm, Marsh McLennan (NYSE: MMC). A day in the life. The Associate Consultant on the Private Equity team supports the delivery of employee health and benefits solutions to private equity-backed portfolio companies. This role partners closely with Senior Consultants and Producers to execute day-to-day service needs, manage projects tied to transactions and growth events, and ensure a high level of client satisfaction. The Associate Consultant will gain exposure to complex benefits strategies, M&A activity, and fast-growing organizations in a collaborative, team-based environment.

Requirements

  • Prior experience working with employee benefits and knowledge of various lines of insurance coverage; medical, dental, life, STD, LTD, design, rate structures, etc.
  • Excellent communication skills, both written and verbal, as well as the ability to present to a range of professionals at each client
  • Knowledge of Health & Welfare compliance (i.e. HIPAA, FMLA, COBRA, 5500, ACA, DOL, etc.)
  • Life & Health Licensure or commitment to achieving within 6 months of start date
  • Ability to work effectively and collaboratively with all levels of internal staff & management, external clients, prospects and vendors
  • Shared commitment to company values; Integrity, Collaboration Passion, Innovation, Accountability

Responsibilities

  • Client & Account Support Support Senior Consultants in managing a book of private equity-backed portfolio company clients
  • Assist with onboarding new portfolio companies, including data collection, implementation support, and vendor coordination
  • Respond to routine client inquiries related to employee health and welfare benefits with accuracy and timeliness
  • Prepare client-ready materials such as renewal summaries, benchmarking reports, and presentation decks
  • Private Equity & Transaction Support Assist with benefits due diligence for acquisitions, including data analysis and documentation review
  • Support benefits integration and transition activities post-close
  • Track key milestones and deliverables for PE-related projects and transactions
  • Analytics & Reporting Compile and analyze benefits data, including claims, census, and plan design information
  • Support benchmarking and market analysis to inform client recommendations
  • Maintain accurate documentation and records within internal systems
  • Carrier & Vendor Coordination Communicate with carriers, TPAs, and vendors to obtain quotes, resolve issues, and support renewals
  • Assist with plan implementations and open enrollment activities
  • Internal Collaboration Partner with Producers, Consultants, and Analysts across the MMA platform
  • Participate in team meetings, training sessions, and professional development opportunities
  • Adhere to MMA service standards, compliance requirements, and best practices

Benefits

  • Medical, dental and vision plans
  • 401(k) match after one year
  • Contribute toward student loan debt
  • Generous paid time-off programs ensure you have time to recharge including vacation days, personal days, sick days, holidays, volunteer day, and days for learning & development
  • Tuition reimbursement and professional development opportunities
  • Charitable contribution match programs
  • Stock purchase opportunities

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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