Financial Consultant, Employee Benefits

Holmes Murphy Insurance • Minneapolis, MN

3d • $83,800 - $125,800 • Onsite

About The Position

We are looking to add a Financial Consultant to join our EB team in Minneapolis, MN. Offering a forward-thinking, innovative, and vibrant company culture, along with the opportunity to share your unique potential, there really is no place like Holmes!

Requirements

• High school diploma; college degree preferred.
• 3-5 years applicable experience, preferably in the insurance industry [at a brokerage or provider organization].
• Active state specific Life & Health Insurance agent’s license required or the ability to acquire license within three months of hire.
• Solid grasp of insurance principles to meet strategic needs.
• Strong client management to prioritize and deliver impactful solutions.
• Sharp analytical abilities to identify and resolve issues efficiently.
• Ability to efficiently identify problem(s), leverage resources to determine root cause(s) and propose and implement solutions or make improvements.

Nice To Haves

• college degree preferred

Responsibilities

• Runs and analyzes client monthly financial reporting (MFSR) and presents MFSRs to clients.
• Provides intermediate-level financial reporting and presents results to clients.
• Works independently and/or under senior team member's guidance to assist with client budget modeling as needed.
• Recommends basic strategic and tactical initiatives based upon clinical and financial data.
• Analyzes IBNR results with senior team member oversight.
• Attends client meetings with occasional day and overnight travel required.
• Articulates how emerging market conditions impact client health and welfare plans from a cost and clinical perspective.
• Articulates employee benefit related compliance regulations, particularly as it pertains to client financial and budget needs.
• Articulates plan designs, funding arrangements, benefit/demographic adjustments, stop-loss insurance, out of network savings arrangements.
• Project management of intermediate financial/reporting/H&W benefits projects.
• Performs special projects and other duties as requested.

Benefits

• health, dental and vision
• Paid Parental Leave and supportive New Parent Benefits
• Company paid continuing Education & Tuition Reimbursement
• 401k Profit Sharing
• Generous time off practices in addition to paid holidays
• paid Volunteer time off
• employee matching gifts to charities
• Inclusion & Belonging Programs
• paid Diversity Day time-off option
• Consistent merit increase and promotion opportunities
• Discretionary bonus opportunity

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED