Consultant, Employee Health & Benefits, Private Equity
About The Position
Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With 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: MRSH). As a Consultant on the Private Equity team at Marsh McLennan Agency will be relied upon for insight and broad knowledge of health and welfare plans. The successful candidate will have passion around developing relationships with clients and colleagues alike, along with strong industry experience with the ability to fully understand clients’ benefit programs, identify gaps in coverage, listen and confidently advise clients on appropriate solutions enabling them to achieve their long-term strategy.
Requirements
- Bachelor’s Degree, Masters preferred
- 10+ years in insurance industry experience with a thorough understanding of all benefit plans (medical, dental, life, STD, LTD, etc) design, rate structures, funding alternatives and compliance requirements.
- Excellent communication and presentation skills with advanced writing skills.
- Proficient in all areas of Health & Welfare compliance (i.e. HIPAA, FMLA, COBRA, 5500, DOL, etc).
- Life Accident & Health Licensure or commitment to achieving within 3 months of start date.
- Advanced proficiency in Microsoft Office suite programs
- 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
Nice To Haves
- CEBS Certification or other industry recognized designations preferred.
Responsibilities
- Bring deep knowledge of health and welfare consulting to our Private Equity-owned clients
- Serve as a go-to resource for Associate Consultants and other team members
- Build and maintain strong, collaborative relationships with vendor and carrier partners
- Lead carrier negotiations when needed, aligning to client goals
- Communicate in a way that builds trust with stakeholders at all levels of the client organization
- Own day-to-day client relationships and lead and contribute to internal initiatives that improve how we serve clients
- Support, coach, and provide direction to Associate Consultants
- Coordinate, develop, and execute project plans, including periodic presentations for specific client groups
- Develop and manage short- and long-term benefits strategies, strengthening client relationships
- Participate in the RFP process from planning through evaluation and recommendations
- Manage renewal and implementation processes, helping ensure a smooth experience for clients
- Analyze benchmark/survey data for client plans; summarize, validate, and translate insights into clear recommendations
- Understand key underwriting and pricing levers across lines of coverage
- Manage post-implementation activities across lines of coverage to confirm solutions are working as intended
- Travel to client sites up to 20% of the time, with advance notice whenever possible
Benefits
- Generous time off, including personal and volunteering
- Tuition reimbursement and professional development opportunities
- Charitable contribution match programs
- Stock purchase opportunities
- health and welfare benefits
- tuition assistance
- 401K savings and other retirement programs
- employee assistance programs
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What This Job Offers
Job Type
Full-time
Career Level
Senior
