Benefits Consulting Analyst

Ropes & Gray • Boston, MA

17h • Hybrid

About The Position

As a Benefits Consulting Group Analyst you will contribute to a wide variety of projects involving the design, pricing, funding, implementation and ongoing management of a full array of employer sponsored health, welfare and retirement benefit plans. You will interface and work directly with internal consultants, lawyers, actuaries and other benefit professionals. Over time you will work directly with key clients and their benefits vendors and administrators to ensure smooth, accurate and financially competitive delivery of benefits products and services.

Requirements

• Maintain excellent attention to detail in all work product
• Strong communication, facilitation and presentation skills
• Ability to effectively and accurately manage multiple tasks and complex projects in a fast-paced environment
• Project management, including ensuring tasks, timelines and other related items are completed internally as well as with third-party vendors
• Proven dedication to outstanding client service
• Strong written and verbal communication skills
• Ability to communicate effectively with internal and external client contacts at all levels of seniority
• Ability to draw targeted and relevant conclusions from data and client specific information using analytical and strategic reasoning
• Strong software skills including advanced knowledge of Microsoft Office, Excel, Word, and PowerPoint
• Bachelors’ Degree required
• 2–4 years of professional work experience in retirement plan services is preferred

Nice To Haves

• Candidates with experience in both retirement and health & welfare services are encouraged to apply

Responsibilities

• Perform quantitative analysis of various aspects of employer sponsored benefit plans, including preparation of summaries and in-depth analyses, to assess cost, utilization, competitiveness and employee impact
• Preparation of government forms and related filings (e.g., Form 5500, Form 5300, etc.)
• Perform general and market specific benefit plan research as requested by principals, consultants and clients and provide value added analysis and summaries
• Assist principals, consultants and clients with strategic benefits planning sessions including preparation, facilitation and follow-up items
• Generate written and other data-driven presentations for internal audiences and client-facing meetings
• Assist consultants and principals with development of client-initiated RFPs (Request For Proposal) for health, welfare and retirement plans including project management, drafting, analysis, research, coordination and execution of the RFP
• Review and facilitate benefit plan service agreements, plan documents, polices and other benefit plan compliance-related materials
• Assist in ensuring benefit programs comply with applicable federal, state, and local regulations (ERISA, ACA, HIPPA, etc.)

Benefits

• The firm also offers comprehensive health and well-being benefits, personal and professional development, career growth opportunities and a collegial and supportive culture.
• this role is eligible for a discretionary bonus based on performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees